—Lancaster Farming. Saturday. May 29. 1976 Cattle prices I Continued from Page 14] which frustrates buyers and sellers alike. Marketings lately have been down, while the number of cattle on the area’s farms is reportedly up. This is a major reason for McCoy’s cautious outlook. He’s concerned that too many of these held cattle might come at once, thus spoiling the possibilities for a really good market. Although McCoy does not see June as being as great a month for cattle prices as some like to predict, he does indicate it should be a “favorablemonth.” He notes that there isn’t a great supply of cattle setting behind, and “somewhere there’s going to be a turn down the road.” McCoy said that feeder cattle are now at their lowest levels in eight years. 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It’s not the best outlook, especially if fat cattle prices don’t stay in line with feeder prices. That’s what caused the disaster in 1974. “It kind of scares me,” said McCoy. According to McCoy, there are quite a few over-finished cattle on farms, and until they’re cleaned up, things are unlikely to turn. That situation also has the veteran dealer a little worried. Commenting briefly on the newly imposed grading standards, McCoy said it was still a little early to tell just how they’re affecting the market. “Ostensibly they should h°lp the producer,” McCoy explained, “in the long run it will possibly only be beneficial in that we’ll get cattle to market earlier. It’s ill-timed, though, because so many fat cattle are on the market and producers are being clobbered twice because of it.” On top of that, with feeder cattle numbers down to their lowest level in [fifPVTBS Uuuiixj INSECTICIDE GUIDE A revised Quick Reference Guide for fruits, nuts and berries is available from the Agricultural Division of Ciba-Geigy Corporation. The handy pocket guide lists pests controlled, preharvest intervals, rates and timing of application. Ciba-Geigy products listed are: Diazinon SOW, Alfa-tox and Supracide 2E in secticides; Galecron SP insecticide - miticide; Acaraben 4E miticide; Princep SOW and 4G her bicides and Sequestrene micronutnents. For copies of the guide request CGA 905387 A from Ms. Betsy Wood, Agricultural Division, P.O. Box 11422, Greensboro, N. C. 27409. TRY A CLASSIFIED AD! 16 eight years, the situation is complicated a little further. McCoy predicts that once feeders have to buy com, instead of depend on their own supplies, then cattle will come to the markets in in creasing numbers again. Right now they’re sitting on their holdings like in vestors sit on their stock market investments hoping to get a better quote tomorrow or next week. McCoy considers the meat business in this area to be “really good” both in terms of the number of cattlemen and potential buyers. Most of the problems encountered in the cattle market are more or less initiated elsewhere such as the Midwest or Washington, D.C. Referring to the new grading stan dards, McCoy remarked: “Anytime somebody fools around with the basics of supply and demand, we’re headed for trouble, this is basically what the govern ment has done with toe new grading system. Out in toe Midwest, toe problem is basically a piece of paper known in the trade as The Yellow Sheet. That’s pretty much what buyers all over the country have to go by, and in McCoy’s opinion there is a possibility that these papers reflect a fictitious market. McCoy predicts that beef producers are likely to go the route dairymen took years ago retailing. A number of farmers are already doing it, and others like John Mar-1 7 M_ A BETTER BUILDING, as well as saving time and money, depends upon selecting the quality building materials that meet all your needs. With LAMINATED RAFTERS and WOOD ROOF TRUSSES such as displayed above Rigidply Rafters offer a complete line of building materials that have given proven performance with all types of farm, utility and commercial buddings. steller are seriously con sidering toe move. “What the producer is saying,” proclaims McCoy, “is that T can’t live with all of these market fluctuations'.” Last Wednesday’s futures quotations were up to the limit for no reason McCoy WHITE WASHING with DAIRY WHITE -DRIES WHITE -DOES NOT RUB OFF EASILY -NO WET FLOORS -IS COMPATIBLE WITH DISINFECTANT AND FLY SPRAYS -WASHES OFF WINDOWS & PIPELINES EASILY. Also Barn Cleaning Service Available With Compressed Air To have your barn cleaned with air it will clean off dust, cob webs & lot of the old lime This will keep your barn looking cleaner & whiter longer. We white washed 600 barns last year, so if your barn needs white washing for better service have it done early High-Pressure Washing In*Dairy Barns. MAYNARD L. BEITZEL Witmer, PA 17585 717-392-7227 If no answer call Willard Beitzel 717-733-6357 We will take on work within 100 mile radius of Lancaster Barn spraying our business, not a sideline. Spraying Since 1961 L t. could explain. That gives him a little extra hope for 50 cent cattle next month, but he still has reservations. He suggests that producers watch the futures very closely, because “if we have to live with it, we might as well leam how to use it.”
Significant historical Pennsylvania newspapers