18
—Lancaster Farming, Saturday, Sept. 7. 1974
Summary National Food Situation
tions in farm output on the
order of 3 percent from
currently expected levela
and stronger demand could
result In a 8 percent-7 per
cent increase In retaH food
prices in the second half. For
all of 1974 retail food prices
would average about 17
percent above a year earlier.
Conversely, if there were
larger farm output of about
the same magnitude, and
declining domestic and
world demand conditions,
retail food prices could
decrease a little late in 1974.
Under these conditions the
all-food average for 1974
would still be about 13
percent avove last year.
Rising prices for many
important agricultural
commodities, induced by
unfavorable weather con
ditions over much of the
United States, appear likely
to cause further advances in
average retail food prices
during the last half of 1974.
Instead of remaining steady
during the third quarter and
declining slightly in the fall,
as estimated earlier this
FARMERS
For Increased Yield and Protein
*
in Your Alfalfa, Apply
SURE CROP
Plant Food 7-14-7
With Trace Elements with
Your Weevil Spray Program.
FOR MORE INFORMATION
Call 717-469-2864
or write
P.O. Box 129, Hershey, Pa. 17033
Representatives Needed.
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LANCASTER
year, they are now expected
to rise about 3 percent during
the third quarter and little
more in the fourth quarter.
For all of 1974, grocery
store food prices are now
expected to average about 15
percent above 1973. This
compares with last year’s
advance of a little over 16
percent for this category.
With prices for restaurant
meals and snacks rising
P.O. BOX 266. LITITZ, P 4. 17543
nearly as much as groceries,
the all-food retail price
average for 1974 may also be
up nearly 15 percent from
1973. This is practically the
same rise as last year.
Much of the increase in
food prices for the third
quarter will be associated
with crop-related products.
Retail prices for vegetable
oil end-products, cereal and
bakery items, beverages and
sugar products are expected
to continue higher through
the remainder of 1974. Retail
prices for canned and frozen
fruits and vegetables are
also likely to rise further.
Fresh fruit and vegetable
prices are likely to decline
seasonally in the fall.
Average retail prices for
animal-related products are
expected to increase
moderately before
stabilizing this fall. Ad
vances for red meat, eggs,
and fishery products in the
third quarter may be only
paritally offset by a modest
decline for dairy products.
Red meat prices may decline
seasonally later this fall and
generally offset increases
for most other animal
related products.
These price estimates are
based on supply and demand
prospects assessed as of
mid-August, including
general inflationary
pressures. Further reduc-
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FARMING
The second quarter
Consumer Price Index for
food averaged 1.7 percent
above the winter quarter, up
less than the previous 4%
percent quarterly rise. A 3
percent advance for food
away from home prices
exceeded the 1.4 percent rise
for groceries. The Consumer
Price Index for all items less
food, including both com
modities and services,
averaged about 3% percent
above the first quarter.
Substantial recovery from
1973’s reduced red meat
consumption levels together
with increases for poultry,
fruit, potatoes, cereals and
sweeteners is expected to
bring per capita food con
sumption to a record high
level this year, over VA
percent above 1973. With
more meat, fish con
sumption will likely decline
slightly from the high level
attained in 1973 and the
downtrend for eggs is ex
pected to continue. While per
capita consumption of
animal-related food products
is expected to increase VA
percent over last year, it will
still average 2 percent under
the record highs of 1971 and
1972 due to lower levels for
meat, eggs, and animal fats.
Personal consumption
expenditures for food in the
second quarter rose slightly
more than $3 billion, over 2
percent above the first
quarter, to nearly $l6l billion
(seasonally adjusted, annual
rate). Most of this increase
was due to an increase in
expenditures for food eaten
at home, although those for
restaurant meals and snacks
' were up also. Total spending
for food was nearly 15 per
cent above the second
quarter of 1973, reflecting
higher prices.
Participation in the Food
Stamp Program rose to 13.7
million people in June, 12
percent more than a year
earlier. The value of bonus
stamps in the first half was
nearly 50 percent above a
year earlier, due largely to
mcreases in the bonus stamp
allotment which is adjusted
to reflect increases in the
cost of the economy food
plan.
This year’s production of
U. S. farm food commodities
is expected to be down from
1973, with a 4 percent in
crease for livestock items
more than offset by a nearly
8 percent drop for crops. The
reductions for crops largely
reflects the smaller feed
grain and oilseeds harvests
in prospect this fall. Civilian
food use of farm food
commodities may increase
nearly 3 percent from last
year’s reduced level, mat
ching the record high of 1972.
Exports of farm food goods
may be down more than a
tenth from the 1973 record.
Reinhart
Douglas H. Reinhart has
been appointed to the Ad
vertising and Public
Relations Department of
American Breeders Service,
Deforest, Wisconsin, ac
cording to an announcement
today by Lawrence W.
Keeley, Director, Ad
vertising and Public
Relations. ABS, a division of
W. R. Grace & Co., is the
world’s largest cattle
breeding organization, in
volved with A.I. business
developments in all 50 states
and provinces of Canada,
plus 45 other countries. Mr.
Reinhart will be responsible
for obtaining photographs of
daughters of ABS Genetic
Harvest and breeder-proved
sires, plus assisting with
Thought For Food
Spreads For Com
Blue Cheese Spread: Combine
Vt cup cream cheese, softened, 2
tablespoons butter or margarine,
softened, 2 teaspoons blue cheese,
crumbled, V* teaspoon onion pow
der, and 1/16 teaspoon salt; blend
well Spread over hot ears of
com. Yields about V* cup
Avocado Spread: Peel and re
move seeds from 2 soft-ripe small
avocados Place in blender jar
and puree (makes about 1 %
cups). Add 3 tablespoons tomato
catsup, 1 tablespoon lemon juice,
1 teaspoon salt, Vi teaspoon onion
powder, 1/16 teaspoon garbc pow
der, and 1/16 ground red pepper
and blend until smooth. Spread
over hot ears of com. The yield
is sufficient spread for 12 ears of
com.
YES, WE MAKE OUR OWN
NESS'S SUAGE MAKER
Don't Take Our Word . . .
The Farmers Who Use
Hess's Silage Maker
Are Our Proof of Success
FOR MORE INFORMATION ON HESS'S SILAGE MAKER
AND HESS’S LIVESTOCK CONDITIONERS CALL
717-354-7935 717-656-7905
LEON W. HESS CRIST STOLTZFUS
RD2 RDI
New Holland, Pa. 17557 Leola, Pa. 17540
717-442-8134
HENRY S. LAPP
RDI
Gap, Pa. 17527
Promoted
news releases and other
public relations functions.
He replaces Mrs. Ronald
Lenth, who was promoted to
the ABS Dairy Advertising
Staff.
Prior to his new ap
pointment, Mr. Reinhart
served as ABS’ District Sales
Coordinator in western
Wisconsin, where he was
instrumental in increasing
the firm’s A.I. business. A
graduate of the Institute of
Agricultural Technology,
Michigan State University,
Reinhart served as
President of Alpha Gamma
Rho Professional Fraternity.
After graduating from
college, he managed several
large dairy herds, including
a 300-cow herd near
Columbus Grove, Ohio, and a
200-cow registered Holstein
herd in Millerton, New York.
Mr. Reinhart was em
ployed as a market
representative and inspector
for the Michigan Milk
Producers of Detroit,
Michigan. For two years he
served as an agricultural
volunteer, serving with the
Peace Corp in Iran. A native
of Paulding County, Ohio, he
was born and reared on a
200-acre dairy farm and was
active in 4-H and FFA.