Ag economist offers views on Russian Grain moratorium
tf >e U.S. sells continues the present
additional grain to Russia or moratorium on such sales,
( SURGE
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The past decade has witnessed a decisive trend toward milking parlors in
new and remodeled dairy constructions The ability to expand one’s herd,
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to mechanize the milk handling and cleaning tasks has contributed to the
popularity of milking parlors.
LABOR, however, is the key factor in most dairymen’s decision to build a
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Groff Equipment
2 W State St.
Quarryville, Pa
Ph. 717-786-7225
Brandts Farm
Supply, Inc.
601 E High St
Elizabethtown, Pa.
Ph. 717-367-1221
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RDI, Lititz, Pa
Ph. 717-626-6198
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RDI, Hamburg, PA JJJ- 00f .
Phone (215) 488-6574 Phone (215) 845-2261
domestic consumer prices
seem likely to climb higher
in the next few months. But
the expected rise could
probably be lessened by
lifting the moratorium when
it expires on Oct. 15.
So declared John L.
Crothers, Jr., an Extension
grain marketing and tran
sportation specialist at the
University of Maryland in
College Park.
“Let’s be realistic,”
Crothers says in a prepared
statement. “Cutting off
further gram sales to the
Soviet Union would probably
increase U.S. consumer
prices and inflation faster
than if the sales were
allowed. Just how do you
isolate consumers and grain
markets in this country from
world market influences?
“Apparently, the U.S.S.E.
must buy grain somewhere.
The Russians evidently have
cash to do their buying,
because it is now required by
law for U.S. grain purchases.
(Trade Act of 1973, which
Glenn E. Hurst
RD2, East Earl, Pa
Ph. 215-445-6865
Berks Co.
resulted from the Russian
grain deal of 1972. It applies,
however, only to government
credits • not commercial
credit).
“Buying from the U.S. -
the world's largest grain
exporter - would make
ripples of less magnitude in
the price structure than
purchases from nations
having smaller total grain
supplies.
"If nations other than
Russia need grain and are
squeezed out of other
markets by the Soviet
purchases, their demand will
have to come to the U.S.
anyway. And it is doubtful if
these buyers will be carrying
cash.
“Further Soviet purchases
from the U.S. will cause
some 'demand'pull’on world
prices. But that effect will be
accentuated by buying from
nations having smaller grain
stocks. Here are two good
reasons:
“1. In a ‘supply-vs.-
demand market 1 where
competition reigns, smaller
total grain stocks would be
rocked harder by Russia’s
massive purchase than by
sales of smaller lots to more
buyers.
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DHWitmmt smtit phise si»NDm
train IH|[E rBJS[ OMIOim
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SIMPLE RUGKEO TROUIU
FREE CONTROLS
A. C. HEISET
FARM EQUIPMENT INC
RDI, Jonestown. Pa 17038 Phone 717-865-4526
Located x h mile South of Fredericksburg off Route 343
.ancaster Farming, Saturday. Sept,
“2. Practically every
major grain-exporting
country outside the U.S. has
some form of government
grain agency - such as the
Canadian Wheat Board - that
handles export sales.
Between the supply-demand
picture and the squeeze on
Russia, such agencies would
be able to exact a higher
price. This ‘piling-on’
cumulative action could
boost the price still further in
order to grab the greatest
possbile return for a given
country’s production.
“In the world market,
foreign prices would tem
porarily be pushed higher
than U.S. grain prices.
Domestic grain would then
flow out in the export trade
to obtain the higher price
prevailing abroad. As a
result, our gram would
continue to move out until
the domestic price equalled
the world price.
“In the end, both the U.S.
and other countries would
have grain prices higher
than those arising from
Soviet purchases in the U.S.
That would mean even
higher consumer prices,
iact true contmu-
Iryer is equipped
inch axial heat
id a 24 inch cool
in The burner
: ity has a max
out put of 3,000,
'TU’s. Single
! electric motors
tandard or three
available as op
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power failure, fan
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PROVEN LONER
DRYING COSTS
tICUUKT fOmtiUTT
27,1975
more inflation and the
opening of yet another round
of spiralling coats."
Solo Register
SAT. SEPT. 27 12 Noon -
Auction of Cattle, Machinery
and Furniture. Located at
Paul Ostrander farm Just off
Rt. 6 between Port Allegany
and Smethport • 21 mile from
Coudersport, 26 from Oleon,
N.Y. Watch for Auction
Arrows. Owners - Mr. and
Mrs. Paul Ostrander.
Auctioneer - Si Pepperman.
SAT. SEPT. 27 - 11:00 a.m.
Public Auction of Plumbing,
Heating, Electrical Sup
plies Truck, and Tools.
Location: on premises next
to the Fire House in
CHURCH HILL, MD.
Charles F. Jones, owner.
Auctioneers - Harry Rudnick
& Sons, Inc.
SAT. SEPT. 27 10:30 a.m. -
Auction Sale of Rare Antique
Automobiles and Household
Goods. Located Naamans
Rd. just off Foulk Rd. few
miles from Brandywine
Raceway, Wilmington, Del.
Auctioneer - Donald R.
Fenimore.
SAT. SEPT. 27 11:00 a.m. -
Public Sale of Valuable Real
Estate, Household Items.
Located northwest of Hen-
Fruit Farms, fronting 236
feet on Franklin Road,
Manor Township, Lancaster
County, Pa. The Farm in
cludes a 30' x 72’ bank barn
and tobacco shed, stripping
room, tobacco cellar, and
stable room for a dozen
horses; also an attached
implement shed and hen
house. Terms by Paul L.
Hackman. Frank L. Steller
and Robert E. Martin,
Auctioneers.
SAT. SEPT. 27 11:00 a.m. -
Public Sale Dispersal
located in Dauphin County, 1
mile East of Halifax, Pa.
along Route 225. Sale by
Robert Lee Miller and Mane
M. Miller, Rl, Halifax, Pa.
D. Shull, Auctioneer;
Naugle, Pedigrees.
SAT. SEPT. 27 11 00 a.m.
Danville Premium Sale,
Danville, Pa. Sale held at the
Danville Livestock Market
located on old Rte. 11,
Danville, Pa. Sale by
Danville Livestock Market,
Charles C Myers, and
Melvin M. Lehman, Sale
Managers; R. Austin
Backus, Inc., Auctioneers.
SAT. SEPT. 2711 a.m. - Luce
Farms Complete Dispersal
located at the farm, 2 mi.
NW of Meshoppen, Pa. 2 mi.
S. of So. Auburn, Pa. 20 mi.
SW of Montrose, Pa. and 9
mi. West of Tunkhannock,
Pa. Watch for Dayton
Auction Arrows. Meshoppen
Twp., Wyoming Comity. Sale
by James Luce, Meshoppen,
RD2, Pa., owner; Watson
Dayton, Montrose, Pa.
Auctioneer.
SAT. SEPT. 27 - 12:30 P.M.
Annual Autumn Susq. Co.
Commissioners Heifer Sale,
Rush, Pa. Susq. Co. located 2
miles southeast of Rush and
Rt. 706, 10 miles north of
Meshoppen via Rt. 267, 10
miles southwest of Montrose.
Watch for red auction
arrows. Sale by Susq. Co.
Inst. District, Kenneth
Adams, Irving Loomis,
Henry Prince, Com
missioners; M. L. Bunnell,
Auctioneer.
SAT. SEPT. 27 - 12:30 P.M.
Public Sale of 52 Head of
Dairy Cows and Some Farm
Equipment selling for Mr. &
Mrs. George W. Oldrey,
located on the Pemberton-
Arney Mount Rd., Pem
berton, N. J. Allen Nuton,
Auctioneer.
75