38
—Lancaster Farming, Saturday, January 27,1979
1979 to be
(Continued from Page 21)
first half of 1979 could very well slightly exceed the first
half of 1978 followed by a slight reduction during the latter
half of 1979.
Government removals of butter at the end of 1978 was
134 million pounds as compared to 220 million pounds in
1977. American cheese was 44 milion compared to 148
million in 1977. Nonfat dry milk was 250 million pounds
compared with 464 million in 1977. Prospects for 1979
would indicate a continuous low level of government
removals of these products perhaps closely duplicating
what happened in 1976 when the butter removals were 39
million pounds, cheese 38 million pounds, «and nonfat dry
milk 157 million pounds.
The inventory of cattle on farms peaked in 1975 with 132
million and has been going down consistently with 116
million in 1978 and prospects for another 5 million head
reduction in 1979, slightly less than the reduction that
occurred from 1977 to 1978. Steer and cow prices exceeded
the 1977 level in 1978 by more than 12 cents a pound.
Feeder calf prices went up more than 45 cents from the
1977 level. The downward trend in the supply of cattle in
1978 and the anticipated reduction in 1979 will continue to
push steer and cow prices upward in 1979 another eight to
12 cents a pound. Higher beef pnces will encourage a high
demand for cheese since sonsumers are likely to utilize
more cheese as a substitute for beef in their diets.
In the Northeast, farm costs will continue to rise seven
to eight per cent in 1979, York continues. He expects that
form milk prices will follow the same trend. The attrition
rate of dairy fanners in 1979 is likely to level off as
alternatives to dairymen become less favorable. Milk
prices will continue to run above support price levels and
Uie Minnesota-Wisconsin manufactured milk price which
establishes the pnces for Class I and Class II milk among
the federally regulated markets in the Northeast will
continue to increase. The average Minnesota manufac
tured milk price in 1978 was $9.57 which is an 11.5 per cent
increase over the 1977 level. In 1979 M W manufactured
milk price could exceed $10.70 and is likely to average
close to $10.40 for the year, 83 cents per hundredweight
over the 1978 level. Milk supplies are going to continue to
shift as between markets in the Northeast and the
movement of milk in package form will also show changes
in distribution patterns as between competing handlers,
York says.
Tank load sales of milk will be stronger for the first half
of 1979 were running substantially above the first half of
1978 with market strength continuing into 1979, the well
known dairy industry leader says.
The New York Order 2 blend price in 1979 is estimated to
be $ll.lB (201 mile zone price) compared with the Middle
Atlantic Federal Order 4 weighted blend of $11.65
delivered. Federal Order 4 blend could exceed the Federal
Order 2 blend in the Spring months of 1979 by as much as
95 cents while in the Fall months the Order 2 could ap
proach the Order 4 blend.
The new year looks much like 1978 in terms of cost in
creases and farm milk price increases while on the other
hand, support prices in relation with manufacturing
values are likely to be more like what happened in 1976.
Some reduction m the national economic growth, par
ticularly in the Northeast, will impact on the dairy in
dustry. Stable milk supplies will largely offset the
downward trend of the economic climate whould our
SVERY Jfy
WEDNESDAY IS 'W/fr
W
AT NEW HOLLAND SALES STABLES, INC.
New Holland, PA
If you need 1 cow or a truck load, we have
from 100 to 200 cows to sell every week at your
price Mostly fresh and close springing Hols
tems
Cows from local farmers and our regular ship
pers including Marvin Eshleman, Glenn Fite,
Kelly Bowser, Bill Lang, Blaine Hoffer, Dale
Hostetter, H D Matz, and Jerry Miller
SALE STARTS -12:00 SHARP
Also Every Wednesday,
Hay, Straw & Ear Corn Sale -12:00 Noon.
All Dairy & Heifers must be
eligible for Pennsylvania Health Charts.
For arrangements for special sales or herd
dispersals at our barn or on your farm, contact
Abram Diffenbach, Mgr.
. 717-354-4341
Norman Kolb
u 717-397-5538
Obstacles to farm prosperity defined
MIAMI BEACH, Fla. - and deficit financing, is the
Government efforts to major obstacle to farm
provide cheap food at far- prosperity.
mer's expanse through Despite these obstacles,
market-manipulation, is a which prevent the farm
disincentive to production of economy from enjoying
badly needed food, Richard prosperity shared by others,
W. Owens said hefe recently. “Farm Bureau has grown to
Owens, chief ad- a record 3,076,867 members
ministrator and secretary of in 1978, enjoying its 18th year
the American Farm Bureau of continuous growth,”
Federation, speaking at the Otfenssaid.
federation’s 60th annual The strength of the world’s
meeting said that inflation, largest farm organization is
led by federal overspending helping set America on the
national product growth be three to tour per cent as op
posed to seven per cent in 1978, says York.
Prices estimates for 1979 follow:
First quarter
Second quarter
Third quarter
Fourth quarter
FARM DUTY ’ SINGLE PHASE
ELECTRIC MOTORS
1750 R.P.M. TOTALLY ENCLOSED FAN COOLED
1 H.P., 143 Frame
1.5 H.P., 145 Frame
2 H.P., 145 Frame
3 H.P., 184 Frame
5 H.P., 184 Frame
7.5 H.P., 215 T Frame
10H.P.215T Frame
Prices in effect for Current Stock
BLUE BALL MACHINE WORKS
BOX 176. RT. 322 BLUE BALL. PA 17506 PH: 717-354-4478
IT'S WORTH WAITING FOR
AT C. E. WILEY & SON
Ij.vm
x *•••:%:
9.
MARCH 1 1979
C. E. WILEY & SON INC.
101 S. LIME QUARRYVILLE, PA.
Order 4 Order 2
$11.66 $11.16
11.40 10.49
11.62 11.40
11.90 H. 68
*102.20
*130.20
*158.20
*189.00
*259.00
*378.00
*406.00
Large Selection Of Reconditioned 3 Phase Motors
THURSDAY & FRIDAY
Your SPER3V=y=NEW Holland dealer.
right track, Owens
suggested.
The Farm Bureau leader
listed political education and
action as the number two
concern of farmers and
ranchers.
“Farm Bureau members
and leaders have been
deeply involved in cam
paigns which caused about
two dozen state legislatures
to go on record calling for
constitutional spending
limitation,” he quoted.
Owens also suggested that
• •VAVWV.vJ'.v
PHONE (717) 786-2895
many government
regulatory agencies such as” 3
the Occupational Health and
Safety Administration
(OSHA) and the En
vironmental Protection
Agency (EPA) are adding to
the cost of doing business
without any visible sign of
doing anybody any good.
Direct action by producers
to increase trade with
developing markets abroad,
offers the best hope of ex
panded world trade, Owens
concluded.
NUTRITIOUS