and Southeastern Pennsylvania Areas - Also Maryland, New Jersey and Delaware Vol. 22 Nor 44- Moore forecasts grain/hog outlook Louis Moore Farm loans available, rates rising I By DIETER KRIEG KITITZ - If you’re thinking of ■growing money for your Wining operation, now is a K)d time' to do it. Loans are sadily and in rest rates aren’t expected i climb much before the end ■ the year. But they will se. Credit is reportedly ightening up a bit ationally, and that trend is orecasted to continue, but it asn’t come on too string yet i this area. The wort s that etter managers will .dll be ble to get most or all of the apital they need in then arming operations. The ixceptions will be the poorer iperators or younger fellows rho went out on the limb too ar already. Prime lending rates at nany commercial banks vere raised last week from per cent to seven, and jome more of the same is in tore, financial analysts ndicate. Some folks are herefore recommending that credit shopping be done a little earlier than usual. That is not to say that money is tight, at least not with Lancaster Farming’s prime coverage area. What’s happening primarily is that interest rates are going up a bit. Commonwealth National Bank, one of the largest in Pennsylvania, and number one in the state with agricultural loans, says demand for farm loans at its offices has increased sub stantially over a year ago. With $33.6 million worth of ag loans outstanding, commonwealth ranks as the t4sth largest ag bank in the ■ e atire United States. ■ Bucher, agricultural lloan officer at Com monwealth, says his bank is to talk to new customers and each individual situation will be looked at. He adds that I (Continued on Page 231 By JOANNE SPAHR ATGLEN. Pa. - Dwight Younkin, Penn State swine specialist, and H. Louis Moore, Penn State agricultural economist, teamed up on Thursday evening to discuss the grain and hog outlook with Chester County farmers at the Oc torara High School near Atglen. Leading off tee discussion, Moore summed up what he Dr. Paul Hand Potato crop ‘all right,’ prices not By KENDACE BORRY LiTiTZ - A survey of potato growers in the Lancaster Farming area shows a harvest forecast of below average to very good, depending on crop con ditions. Roger Hausamann, Schnecksville, Lehigh County, hopes for a very good harvest and states that he has had good growing conditions throughout the season. Although earlier he was worried about the dry weather, he claims there was enough rain for his crops. There were very few problems with insects and disease in his fields and overall, he stated that his early potatoes are fine, and he’s hopeful for the later potatoes to be the same. He started harvesting middle of August and will continue his potato picking until about the third week of October. Hausamann mentioned that the potatoes he grows are mainly used for chipping and that he sells most of his potatoes through two brokers. Hausamann wasn’t too happy about the potato price this year - prices are down because there seems to be a plentiful supply of the crop. George H. Wolfe, Stewartstown, in York County, isn’t too pleased with his potato crop, however. He harvests 150 "'''ntinued on Pace 17J Lancaster Farming, Saturday, Septembers, 1977 predicted would happen in the future with the various grains. According to the ag economist, soybean production will be up this year by about 26 per cent for a total somewhere in the neighborhood of one billion, 600 million beans. And, while this number is considerably higher than the record crop of 1973, it causes little concern because the Dairy referendum will affect prices By DIETER KRIEG LANCASTER - The Federal Order 2 milk marketing area will either be receiving a new lease on life within the next few weeks or be phased out and absorbed by. neighboring Federal Orders. Although Federal Order 2 is comprised of northern New Jersey and all but the Dr. John Baylor Lancaster Co. i grape harvest bountiful now By JOANNE SPAHR HOLTWOOD, Pa. - Like other farmers around Lancaster County, Tom and Cindy Hampton, Holtwood R 2, have seen their crop emerge into a bountiful harvest about 10 days ahead of schedule after some rather shaky conditions earlier this year. Tom and Cindy own Tucquan vineyard in southern Lancaster County near Rawlinsville in which they grow about four acres of wine grapes and one acre of table grapes. This year, says Tom, the demand for their crop, which they market by “pick-you own” as well as with custom orders, has been good. “Our tables grape demand has really picked up,” says the millwright from Arm {Continued on Page 30] United States doesn’t have reserves built up and our exports are still very good. In reviewing the cash crop prices, however, Moore showed a pattern of decreasing price for the beans since the beginning of the year from 7.16 in February to 5.24 this week, and predicted that the 5.24 price received on August 29 of this year won’t recover much by September because northern and . western regions of New York, 5429 dairy farms in Pennsylvania are also directly involved. Of that number, well over 2000 are in southeastern southcentral Pennsylvania. Furthermore, it’s believed by many leaders in the dairy industry that the outcome of the vote will be felt by all dairymen in the Northeast Seed outlook more optimistic By DIETER KRIEG CAMP HILL - The outlook for seeds looks a little better now than it did several months ago, but it’s still not good, according to in formation released here recently during a two-day symposium sponsored by the Beachleyi-Hardy Seed Company of nearby Shiremanstown. The symposium drew over 90 people and included Tom Hampton, of Tucquan Vineyard, Holtwood R 2, had a good crop of grapes this year. His table grapes, which he shows here, were a real draw this year. of the 26 per cent larger crop and the pressure of harvest by the Fall. In other cash crops, he illustrated the steadily decreasing price for both com and wheat from the beginning of the year until now. Then, showing the futures for com in the up coming year, which ranges from $1.82 in September to $2.07 in July, he gave advice to the farmers, who are and Middle Atlantic milk marketing areas. The issue which is bringing all of this about is a referendum currently taking place to change tran sportation allowances. According to Dr. Paul Hand, economist at Inter-State Milk Producers Cooperative, Southampton, Pa., passage of the several Penn State agronomists as well as experts from California, Missouri, Maryland, lowa and Pennsylvania. They offered their views on current seed situations and participated in a panel discussion on “New Challenges Facing the Forage Grower and the Seed Dealer.” The legume seed situation looks more encouraging $6.00 Per Year concerned about what to do with storages that are full of last year’s crop in light of the fact that those fanners are getting ready to harvest this year’s crop. “The futures markets tell me that I would hold my corn through harvest time,” said Moore. “The differential between harvest and December or March [Continued on Page 35] referendum will “have serious impact” on milk prices in the entire Nor theast and the Middle Atlantic Area. In a recent editorial appearing _ in- Pennmarva News, Hand suggested that the proposal by USDA will reduce Class I prices to dealers up to 35 cents per hundredweight. l 7 I Continued on Page 18] now, Dr. John Baylor of Penn State said. With alfalfa, for example, it’ll be tight but adequate. There’ll also be more red clover seed around than what was an ticipated earlier. Baylor’s optimism rests on the reports presently coming out of seed producing areas. “If they get the crop in, then we’ll have the seeds,”’ he said with a tone of optimism. [Continued on Page 26] In this issue Farm Calendar 10 Editorials 10 Medicine & Mgmt. 16 Southeastern 4-H dairy shows 42,50,98,111 Classifieds 51 Homestead Notes 82 Jr. Cooking Edition 84 Recipe Swap 85 Seed cleaner feature 86 Doris Thomas 89 Plant lovers’ comer 90 Kendy’sKollumn 91 Ida’s Notebook 91 Joyce Bupp 93 My Thoughts 93 Home on the Range 95 Farm Women Calendar 96 German farm youth 102 Youth features 103,105 Big worm attack 104 4-H club features 106,110,119,120 Berks 4-H riders 109 Berks DHIA 114 Carlisle hog show 126
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