Farming, Saturday, March 11,1978
II
High demand for food and feed grains
could have favorable impact on markets
ST. LOUIS, Mo. - A high
demand base for food and
feed grains and soybeans
could, impact favorably on
domestic and export
markets in the near term, a
grain industry research
executive said here this
week.
According to Ted Rice,
vice president, commodity
research. Continental Grain
Company, positive in
dicators include increased
domestic use of grain for
feed, a record U.S. demand
Burpee seed company
pays $625
NEW YORK, N.Y. - W.
Atlee Burpee Co., War
minster, Pa., has paid $625 to
the U.S. Treasury in set
tlement of a forfeiture claim.
The firm was charged by
U.S. Department of
Agriculture officials with
violating the Federal Seed
Act, a truth-in-labeling law
intended to protect farmers
and consumers who buy
seed.
Clyde R. Edwards, seed
official with USDA’s
Agricultural Marketing
Service (AMS), said the firm
consented to the settlement
in an agreement signed with
officials of AMS. In entering
into the agreement, the firm
neither admitted nor demed
any wrongdoing.
the case mvolved a lawn
seed mixture shipped into
South Dakota in 1975.
Alleged violations mcluded
false labeling of the test date
and percentage of seed that
would germinate; failure to
test for germination within
the required five month
period before interstate
TRY A TANKFUL.
YOU’LL LIKE THE CHANGE.
★ GREEN DIESEL FUEL
AND
★ AGWAY GASOLINES
WE PRICE IT SO YOU CAN
FILL YOUR TANK WITHOUT
EMPTYING YOUR WALLET
NO ONE WHO'S EVER TRIED
THIS FUEL WILL EVER GO
BACK TO HIS OLD FUEL AGAIN.
MAY WE PROVE THIS TO YOU?
CALL YOUR AGWAY PETROLEUM
PEOPLE SOON -
1717-397-4954!:
, v AGWAY
PETROLEUM \%
LANCASTER, PA.
for soymeal and soyoil and a
continuing uptrend in ex
ports markets. He said tins
optimistic outlook was
tempered somewhat by
expected substantial
carryover stocks of com,
soybeans, and wheat.
Addressing the annual
convention of the Illinois
Grain and Feed Association,
Rice projected about 225
million bushels will be added
to com carryover reaching a
total of 1100 million bushels,
highest since 1972.
settlement
shipment; and failure to
keep complete records.
AMS has issued a brochure
entitled “Truth in Seed
Labeling,” which is
available free of charge by
writing to; Information Div.,
AMS, U.S.D.A., 26 Federal
Plaza (Rm. 1653), New
York, NY 1007.
Carcass show
scheduled
NEW HOLLAND - The
Lancaster County Swine
Producers’ annual Spring
carcass show will be held on
‘'March 13 at the New Holland
f&les Stables. Hogs will be
received between 3 and 5
p.m.
Each member is limited to
three hoghweighing between
200 and z4O pounds. A $2
entry fee will be charged per
head. All those showing hogs
are urged to meet at the Blue
Ball Bowling Lanes on
March 15 at 6:30 p.m. to
travel to Hatfield Packing
Company, Hatfield, to view
the carcasses.
“We will add significantly
to the soybean carryover,
bringing it to the level of 250
million bushels...and we will
add about 125 million bushels
to the wheat carryover,
putting it at the highest level
since 1962,” he continued.
Rice pointed out that while
domestic use of grain for
feed has not reached the
record level of 1972-73...“ we
could exceed that in the
future.”
Supporting this, Rice
noted current expansion of
the U.S. swine industry
along with record broiler
production and high milk
levels.
Looking ahead, he noted a
low point in the cattle
numbers cycle developing in
1978. “This means,” he said,
“that in the 1980’s cows and
heifers will be held back for
breeding purposes. If we are
to maintain a high level of
beef production, we must
derive a larger than current
share from grain-fed beef.’ ’
Citing an increased
demand base in the export
market, Rice said: “While
some countries such as the
USSR, members of the
European Community and
India show wide year-to
year variations, the overall 1
trend is up. Further, there
are a number of smaller
markets' which maintain a
somewhat orderly year-to
year expansion.”
He expressed a positive
view of the U.S. return to
abundance in food and feed
grains and soybeans. “In the
process, we are able to reap
the benefits of a market
oriented environment, in
creasing volume to satisfy
an expanding - demand
“Abundance,” he con
eluded, “provides th(
soundest basis for a health;
and expanding
economy.” '