Lancaster farming. (Lancaster, Pa., etc.) 1955-current, August 09, 1975, Image 11

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

    Hereford herd sells for record price
Beef cattle hiatory was
written Saturday, July 19,
when the Polled Hereford
herd at R. W. Jonea Jr. Farm
waa dlaperaed for a world
record 99,844 average, a
figure thought to be the
Life on the farm
I Continued from Pa|< 10|
later most of the rest of a dozen or
more escapees focused their at
tention in our direction, all of them
seemingly ready to explode into a run
through the wet grass and corn field.
We knew they could.
They studied our moves, and we
studied theirs, coaxing them with
words and actions. It’s like walking in
your bare feet in a room filled with
mousetraps.
Dad had opened the hole in the
fence to make a large entrance into
the pasture. Ingo and I herded them
along the edge of the field, constantly
taking an “inventory" of numbers
and names.
All of a sudden the corn stalks
began to crack. Two previously un
detected cows were giving their
secret away, never missing a bite as
they ran away. There was no time for
them now, however. The 14 we were
Hear Merrill Lynch tell howyou
could lock in full-grown profits
onyour cattle and grains right now.
At our next Merrill Lynch Forum,
you’ll leam the ms and outs of
hedging in commodity futures.
We’ll show how you could assure
yourself a known profit margin on your
cattle and grains right now Why you
could make money even when cattle
prices go down Five differences be
tween hedging and speculating.
You’ll also leam
• How hedging could help you get
bigger loans from your banker.
• How a “partial hedge” could offset
errors in judgement
• 4 pitfalls to avoid in placing a
hedge.
• How to get an alternative market
to your regular buyer.
• 3 dangers of not hedging
The Forum is free. But space is
limited So reserve your seat now.
• Thursday, August 14th, 7:30 p.m.
At the Treadway Inn,
222 Eden Road, Lancaster
highest ever paid for a
purebred herd of any breed.
Facilities in the small
crossroads town of Leslie,
Ga., and nearby cities were
taxed to the limit by the
tremendous crowd that
Cattlemen and farmers:
began gathering several
days beforehand for a last
look at the world-famed herd
established three decades
ago by the late Mr. & Mrs. R.
W. Jonea Jr. and son Vicktor.
Ringside seats were filled
trying to get rounded up were more
important. All but two went in, after
which they were escorted several
hundred yards away from the scene.
The remaining four joined up and
were by this time a little worried
about what was happening. As long as
there was a fairly large group out,
they wanted to remain at large, but
now they wanted to join the rest of
the herd. Consequently they trotted
down alongside the fence until they
could go no further. We opened a gate
and watched them “high-tail it” to
their herdmates. Then we walked
back to where the fence was broken
to close it up as best we could for the
time being.
Soaked to the skin by the steady
rainfall, we returned to the house to
clean up and climb back into bed for
the few hours that remained before
milking time.
Come hear Merrill Lynch tell how
to hedge in cattle futures.
Pieise reserve se.its tor your fonim on
□ No, I cannot attend, but please send information on hedging
in cattle futures
Mul to Merrill Lynch 800 North 3rd Street, Harrisburg Pa 17102
Add I css
Cm
Telephone _ _ _
Merrill Lynch customers Please give name ind office iddrcss of
■ ‘Vuumt Executive |
m Merrill Lynch ■
! Pierce Fenner 8 Smith Inc. !
■■■■■■■■■■■■■■a
hours before the sale got
underway, and people stood
dozens deep to pay final
tribute to the herd that held
nearly every performance
record in the book.
The nine bulls in the of
fering, five of them herd
sires, averaged $13,267 and
the 71 female lots $9,410 for a
gross of $787,500 on 80 lots.
The first 20 lots in the ring
averaged $19,213 and the
first 50 lots $13,300, with the
top 25 lots averaging $20,074.
Forty-eight calves, most of
them dropped in November
and December, sold off their
dams the 21 bulls at a
$9,681 average and the 27
heifers at a $3,683 figure.
Twelve bred heifers
averaged $8,867 and 58 bred
cows $5,504.
Several bidding combines
were formed at ringside as
the sale progressed, among
the most determined of them
Cinderella Acres, Dawson,
Ga., M. E. Williams Jr. of
Ensco, Albany, Ga., and
Pine Acre Farms, Dawson,
Ga. This trio accounted for
four of the top bulls in the
offering, including the
$47,500 high selling bull calf,
the $45,000 top herd sire RWJ
VICTOR 76 330 and a pair of
bull calves by RWJ Victor J 3
266, one at $18,500 and
another at $16,250. The
St 1K...
-Zip
Lop>right 14)74I 4 )74 Merrill Uiuh Pitrct Femur & Smith liu
—Lancaster Farming, Saturday. Auiust9,l97s—
Soybean
standards
WASHINGTON, D.C. -
Changes in federal grading
standards for soybeans,
aimed at improving the
quality of U.S. exports, were
recommended this week to
Secretary of Agriculture
Earl Butz by representatives
of the American Soybean
Association (ASA).
The present grading
system under certain cir
cumstances allows an in
centive for reducing the
quality within the grade by
blending soybeans con
taining excessive amounts of
foreign materials with
cleaner beans.
“One of ASA’s recom
mendations would be to
minimize that incentive,”
said Seymour Johnson of
Indianola, Miss., chairman
of ASA’s Quality and
Standards Committee.
ASA also recommended
$47,500 calf was a November
son of $lOO,OOO RWJ Victor J 3
212 with an adjusted 205-day
weaning weight of 689 lb. His
$10,500 dam went to
Maybelle Farm, Saskatoon,
Sask., Canada, for a top lot
total of $58,000.
Both tile high selling cow
and the top bred heifer were
among the 18 head pur
chased by Canadian
breeders. James C. John
stone of Birch Hills, Sask.,
paid $11,500 for a coming 5-
year-old cow by RWJ Victor
FlB J 3 (also getting her
heifer calf for $6,000); and
Maybelle gave $ll,OOO for a
1,080-lb. December ’73 heifer
by RWJ Victor J 3 212 bred to
RWJ Victor 678 121.
The high selling heifer calf
at $lO,OOO was a November
74 daughter of BWJ Victor
J 3 212 that went to Oceanside
Farm, Snow Hill, Md.
The cattle sold into 21
states and two Canadian
provinces. Volume buyers
with 11 purchases each were
E. B. Gee Ranch, East
Prairie, Mo., and AB
Distributors, Jacksonville,
Fla.
grading
changed
that USDA provide per
sonnel at major foreign porta
to monitor the quality of
shipments of U.S. soybeans.
"The need to restore the
confidence of our overseas
customers is vital," said
Jackson. "ASA is making
every effort to work with
USDA and other segments of
the soybean industry in
solving the problem."
Other ASA representatives
meeting with Sec. Butz were
Merlyn Groot of Manson,
Iowa; Eugene Glock of
Rising City, Neb., and
Fernie C. Laughinghouse of
Pantego, N.C.
Art
auction
slated
The 25th'annual Echo
Valley Art Auction will be
held Saturday, September
13th at 1 p.m. Tlje event will
take place in thAmavilion at
the Brookside Swim Club
just East of Park City next to
Long Park.
A Special gallery .display
for the work offered for
auction will be featurarwitb
major works of the artists
included. Gift certificates
will be drawn at 2:00, 2:30,
and 3 p.m. Winners can use
their certificate toward any
work offered.
The auction was organized
to provide the public an
opportunity to purchase
original art at below normal
prices. The work consists of
paints, drawings, prints,
sculpture and jewelry.
Group members serve
traditionally as auctioneers.
The sale provides an ex
cellent opportunity to pur
chase gifts for Christmas,
weddings and to add to
collections.
If big round bales are to be
stored outside in windy
areas, it is a good idea to
make three or four wraps of
twine to prevent wind
damage to the bale surface.
11