Lancaster farming. (Lancaster, Pa., etc.) 1955-current, July 05, 1975, Image 11

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    TRY A CLASSIFIED AD
[’ ■»
>te»nPenna.
George F. Delong
Regional Manager
RD3, Lititz. PA 17543
Call Collect 717-626-0261
Lebanon Co.
Melvin Herr Marvin Mcyet
RR2. New Holland. PA 17557 RD2. Box 157
Phone 717-354-5977 Annville. PA 17003
. . Phone 717-867-1445
Lancaster Co.
Eastern Lancaster Co.
North Wesl
Earl B. Cinder
RD2, Manheim PA 17545
Phone 717-665 3126
Southern Lancaster Co.
Henry Delong, Jr.
RD2 Quarryville. PA 17566
Phone 717-284-2683
Give Your Cows A Break! With An Agri-King Feeding Program.
Then Take A Break Yourself!
You’ll Be Able To Pay For It!
Southwestern Lancaster Co.
Ben Greenawalt
RO2. Conestoga. PA 17516
Phone 717-872 5686
Lehigh Co. Area
Richard W. Moser
515 Bethlehem Rd
Catasauqua. PA 18032
Phone- 215-264-5236
World Agriculture
World agricultural
production prospects for 1975
so far appear much more
favorable than a year ago.
The weather haa been
generally benevolent and
moat crops wintered well. An
exception waa the cold wet
weather which delayed fall
harvests and spring planting
In Europe. Rains caused
some damage to feed grains
in Latin America. Warm dry
weather also created some
concern for spring grains in
the USSR, and could result in
greater grain imports in
1975-76. The timing and
quantity of June-Septerober
monsoon rainfall in India is
particularly important for
rice and small grains, even
though that country had a
good harvest of winter
wheat.
The expected recovery in
U.S. crop yields should in
crease production of most
crops on unchanged area; a
record wheat, and possibly
rice and feed grain, crop
appears likely.
China may well have good
harvests for all crops,
perhaps even larger than
KEY TO PROFIT
AGRI KING,
PERSONALIZED FEEDING PROGRAMS
& SE Berks Co.
Monl
Cy Arnold
739 Rosewood Drive
Douglasville PA 19518
Phone 215-3856249
Chester Co.
William Windle
ROl Atglen PA 19310
Phone 215-593 6143
Northeast Berks Co
Roger Heller
RDI, Robesoma, PA
Phone 215-693 6160
Belleville Area
Louis S. Peachy, Sr.
RDI #5B C
Reedsville. PA 17084
Phone 717 667-3291
those of the past 2 years.
Asia’s production outlook Is
also favorable including
that for Bangladesh, India,
and Pakistan. Latin
American prospects are
good, and Africa shows
promise of matching 1974’s
record output.
The world wheat and
coarse grain crop is ten
tatively projected to reach
record levels in 1975-76
enough to permit some
limited buildup in stocks
which have fallen to
dangerously low levels. Rice
production prospects at this
early stage appear im
proved, particularly for
exporting countries, but
stocks are likely to increase
only marginally.
The fats and oils situation
has switched from one of
relatively tight supply to one
of concern about oversupply.
World milk and dairy
prospects are mixed.
Global beef and pork
supplies are large and herds
are growing. Reduced
consumer demand is
distressing livestock
producers who face rising
ILTON, ILL. 1
South Central Penna.
James L. Yoder
Regional Manager
RRI, Box 81
Chambersburg. PA 17201
Call Collect 717-264-9321
Adams Co. Area
Menno N. Rissler
RR4. Gettysburg PA 17325
Phone 717-528-4849
Franklin Co. Penna. Area
feldon Martin
RDS. Waynesboro. PA 17268
Phone 717-762 3576
Mark H. Yoder
Shippensburg Pa 17257
Ph 717 532 4339
Lancaster Firming. Saturday, July 5.1975
Outlook
input prices. Excessively
dry weather in major ex
porting countries such as
Argentina and Australia
could result in increased
meat supplies which would
be difficult to market in
developed consuming
countries because of
restrictive import policies.
World sugar demand is
shifting downward and
prices have fallen sharply. A
sharp decline in cotton
prices and a reduction in 1975
plantings have been brought
about by the world economic
slowdown and increased
production. However, prices
have increased some in
recent weeks. Tobacco
production and demand
continue to rebound.
Countries are coping
successfully, at least in the
short run, with the problem
of financing higher priced
petroleum imports, but high
oil prices are complicating
the solution to the double
dilemma posed by inflation
and recession. Inflation has
abated somewhat, but not
enough' to make
policymakers comfortable
H V—j
Western Washii
Charlie Campbell
Newville, PA
Phone. 717-776-7573-
Wash!
in Co.. MD
Earl H. Moyer
RDS. Box 277
Hagerstown MD 21740
Phone 301-739 5199
with expansionary moostary
and fiscal policies aimed at
Increasing employment.
Some prospects are seen for
a pickup in economic ac
tivity by the end of 1975.
Depressed consumer
demand resulting from the
economic slowdown, im
proved crop prospects, and
reduced purchases by the
centrally planned economies
have acted to pull down
agricultural commodity
prices around the world. But
the prices of agricultural
inputs have continued to
rise, putting a squeeze on
farm income, particularly
for livestock producers.
Fertilizer supply-demand
relationships, however, have
begun to grow and prices
recently have dropped
sharply.
The value of U. S.
agricultural exports, still
forecast at a record $22
billion for fiscal 1975, were
favored by sharply climbing
commodity prices last
summer and fall. The sharp
decline in prices of export
products since November
has contributed to the fiscal
1976 U.S. export forecast of
$lB billion. Agriculture’s
favorable contribution to the
U.S. trade balance thus
would fall from $l2 billion in
fiscal 1975 to $9 billion in
fiscal 1976.
International actions to
follow up on the recom
mendations of last
November’s World Food
Conference are moving
forward. Discussions are
underway on world food
security questions and the
increase of aid to boost
agricultural production in
the developing countries.
The United States has in
creased its food aid sub
stantially.
~ Soybean Starters
Despite a slow start,
French soybeans remain a
crop to watch. The drive to
produce soybeans in France
began in earnest last year
following the world soybean
crunch in 1973. But
devastating weather slashed
20 percent from the 350,000
bushels the French intended
to harvest. Farmers in
dicated little interest in
planting soybeans this year
unless the soybean-corn
price ratio moves to 2.5 in
favor of soybeans. If this
happens, experts say, look
for France to have 250,000 to
350,000 acres in soybeans by
1980.
TRULOCK
21ST ANNIVERSARY SALE
GET YOUR
FREE
Dickey John
MOISTURE TESTER
with each Gram Storage
Bin bought in July
Specialists in:
• Grain bins for drying and
storage
• Elevator legs
• Transport augers
• Utility augers
• Gravity boxes
• Wagon gears
• Bulk tanks
• Complete gram handling
systems
also
A BUILDING FOR EVERY NEED
I SUPERIOR]
• Carports
• Retail stores
• Warehouses
• Utility buildings
• Any business facility that
requires strong
dependable protection
FOR FURTHER
INFORMATION CONTACT.
GUTSHALL'i
SILO REPAIR
RDffl
WOMELSDORF, PA
19567
ton Co. Area
11