—Lancaster Farming, Saturday, May 8, 1976
By DIETER KRIEG
UTITZ According to
information received here at
LANCASTER FARMING,
livestock and poultrymea
can look to favorable prices
throughout the next several
months. Grain producers, on
the other band, could be in
for a not-so-good year. Crop
yields are expected to be
good, barring any in
terference from the weather.
Hie reason for lower prices
in sight for com, wheat,
barley, and oats is that
there’s one whale of a big
crop out there. Many other
countries are also reporting
good results so far. It adds
up to a bumper crop here,
with lowered possibilities for
exports.
Milk prices have started to
decline somewhat, but ac
cording to economists, and
most dairymen, the return is
still favorable. The higher
support price set earlier this
year is cushioning prices.
The milk-feed price ratio is
described as “favorable”
also.
carried a headline earlier
this week proclaiming
“Higher feeder-cattle prices
seen in general over next two
years.” The rise in prices is
due largely to a decline in the
UJS. cattle population, the
JOURNAL’S reporter wrote.
Further reasoning behind
this prediction (which is
already becoming reality) is
that alowerhig of feed prices
is causing cattle feeders to
be willing to pay higher
prices. One Chicago cattle
expert says feeder cattle
could reach 50 cents per
pound. Once the pasture and
range season is over, and
cattlemen ship their stock to
market, the market is likely
to go down again. But over
all, it’s on the way up, with
only seasonal drops.
It is further reported in the
WALL STREET JOURNAL
that feeder cattle prices will
tend to equal or exceed fed
cattle prices for as Jong as
the next four years. That’s
the opinion of William C.
Helming, president of
Livestock Business Advisory
Services, Inc., in Kansas
City.
marketing scene. Prices are.
expected to be favorable as
demand for pork is described
as strong and the industry
has comparatively Tow
storage stocks on hand 38-
million pounds.* V
The poultry business isn’t
expected to show much
strength. Like the dairy and
beef cattle people, lower feed
prices will be beneficial to
them.
Fed cattle prices are also
on the rise. It’s reported that
demand is picking up; the
effects of the new grade
standards are easing, and
supplies are slackening.
Hogmen can look to July
as being the “peak” month,
Asay analysts of the
Soybean prices are not
likely to increase. _The
reason is that the country
still has enough on hand
from last year and is ex
pecting a good crop this.
year. Brazilian soybeans and
palm oil from Southeast Asia
depress soybean prices,
somewhat, (hie report says,
in fact, that, the world is
presently going through a
surplus of frits and oils. It’s
possible for soybean prices
to come down. Soybean meal
will likely follow the same
trend as com.
FFA winners
announced
topped the field of con
testants at the Area Public
Speaking and Interview
contest held here recently.
Roger Imes, a Oley Valley
High School student, was the
first place winner in the
interview contest and also
placed third in the public'
speaking event.
James Shrawder, Kutz
town, was* first in the
speaking- competition With
Gail Ann Kleinfelter,
Lebanon AVTS following in
second place.
Barbara Herr, Northern
Lebanon High School was the
second place contestant in
the interview competition
with Donna Lansberry .of
Cedar Crest taking third
place honors. '
CALL US FOR "ON-THE-SPOT" FARM TIRE SERVICE
Profits are increasing for
livestock producers, ac
cording to several sources of
information, including the
WALL STREET JOURNAL.
That prestigious periodical
IN—THE—FIELD
AT—THE—FARM
ON—THE—ROAD
Our fully equipped farm service
trucks and skilled repairmen bring
you fast on-the-spot tire REPAIRS.
REPLACEMENTS and HYDRO
FLATION . .
reTAW&L
Care instructions on flame
resistant textiles should be
followed strictly because im
proper care may even make
the fabric highly flammable.
For example, soap and hard
water mineral deposits can
counteract the effect of
flame-retardant finishes.
SWEIGART TIRE SERVICE
Formerly Sweigart Firestone
677 W. HIGH ST. PHONE 665-2258 '
MANHEIM, PA- HOME 665-3603
Roger Imes
LEBANON - Two Berks
County FFA members
Tobacco inspections
revised
am
WASHINGTON - Tobacco
regulations have been
amended by the U.S.
Department of Agriculture
(USDA) to bring all
voluntary inspection under a
uniform fee structure, it was
announced last week.
of providing the services.
Tobacco inspection per
formed at designated
tobacco auctions is man
datory and performed
without charge to growers,
under terms of the Tobacco
Inspection Act.
According to James W.
York, Director of the
Tobacco Division of USDA’s
Agricultural Marketing
Service, no comments were
received on the proposed
revision of fee regulations
announced in the March 9
Federal Register.
Copies are available from
Tobacco Division,
Agricultural Marketing
Service, Room 502-Annex
Building, U.S. Department
of Agriculture, Washington,
D.C. 20250.
ENDS MAY 15TH
THE LARGEST SALE IN THEIR HISTORY
The revision, which
became effective May 4, will
amend a system adopted last
September under which
voluntary inspection per
formed under an agreement
was excepted from the fee
structure.
MODEL
STOCK NO. REG. PRICE
IE PRICE SAVINGS
AIOI2T (1000)
81023 C (2000)
BIOI3C (2000) .
CAII3C (2) (3600)
KAII4C (4100)
LAIISM (5600)
EAIISM (6600)
6C115M (2) (8600)
2893
2782
.2809
3122
3126
3046
3061
3133
*5007
6772
7718
8785
9456..
12,801
13,529
18,400
*4300
4980
5421
7436
8100
10,950
11,759
16,500
* 707.00
1792X10
Voluntary tobacco in
spection is performed under
terms of the Agricultural
Marketing Act of 1946, which
directs that fees for in
spection and grading ser
vices be set so as to cover as
nearly as possible the costs
2298.00
1349.00
1358:00
1851.00
1770.00
1900.00
Farm prices up
Industrial
MODEL
STOCK NO. REG. PRICE SALE PRICE SAVINGS
Prices: livestock okay, grain questionable
Broilers up again
WHEN AND WHERE
YOU NEED IT
Our trucks are radio controlled for faster service when you need it!
-> S '■. w..
NEW FORD TRACTOR
CHECK THESE PRICES AND MAKE YOUR DEAL TODAY!
I
Brazil is catching up fast topped 350 million bushels,
in soybean production. The U.S. expects to produce
They’ve been second only to 1,350-million bushels this
the'U.S. in production and ywr. compared to 1,450-
exports, and if they keep up million last year,
their, pace, they’ll soon All in all, the situation with
surpass Unde Sam’s far- ' soybeans is similar to that
mers. Five years ago with cereal grains and com.
Brazilians produced 55.4 Increased 'world-wide
million bushels of beans, for production, and less
example', and last year they likelihood for big exports.
Placements of broiler week but 18 percent above
chides in the Commonwealth the comparable period a
during the week ending May yew earlier. The current 3-
1, 1976 were 1,596,000. The week total of eggs set is 19
placements were 1§ percent - percent more than the same
above the corresponding period a year ago. In
week a year earlier, and four shipments of broiler-type
percent above the previous chicks during the past 10
week. Average placements weeks averaged zero
during the past 10 weeks compared with zero a yer~}
were 13 percent above a year ago- Outshipments averaged
earlier. Settings for broiler 247,000 during the past JO
chicks were 2,303,000 - 10 weeks, 5 percent below a
percent below the previous year earlier.
14
The Index of Prices
Received by Farmers in
creased four points (two per
cent) during the month
ended April 15, USDA
reported last week. At 188
(pet. of its Jan.-Dee. 1967
average) the index was at its
highest point since last
October (when it stood at
193) and was 18 points (11
pet.) above a year earlier.
Meanwhile, the Index of
Prices Paid by Farmers
remained at 194, unchanged
from a month earlier. It was
12 points (seven percent)
above a year ago.
With Rices Paid up and
Prices Received unchanged
the Ratio of Prices Received
to Prices Paid moved up two
points to 95. It had been 93 a
year ago.
Under the old 1910-14
formula, Prices Received
moved up from 468 to 478,'
Prices Paid advanced one
point to 665 and the Parity
Ratio advanced two points to
72. It had stood at 69 a year
ago.
C4OI3CTL (3400) w/730 loader 2840
DSOIIF TLB (4500) w/flat deck 28S8
DFIIIF TLD (550) w/cab (2) 2963
no,loo
22,217
25,243
*7600
18.000
22,000
* ALL PRICES SUBJECT TO CURRENT INVENTORIES.
*2500.00
4217.00
3243.00
LANCASTER FORD TRACTOR, INC.
THE NEW HOME OF THE FRIENDLY PEOPLE
1655 ROHRERSTOWN ROAD LANCASTER. PA PHONE (717). 569-7063