Lancaster farming. (Lancaster, Pa., etc.) 1955-current, April 05, 1980, Image 151

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    MF=
Massey Ferguson
* mßSt*
Massey-Ferguson's new 640 row
crop planter uses air pressure to
gently single out each seed
Seed selection discs provide
extremely accurate plant
populations in all kinds of soils,
even with minimum tillage A seed
drop of only 9" (229 mm) adds to
»*«•
4* *
planting accuracy by reducing
bounce for uniform spacing in
the row
Optional depth gauge wheels
put every seed at the same depth
for a uniform stand from one end
of the field to the other Double
disc openers help stop plugging
Personalized MF financing, parts, and service available.
PETERMAN FARM EQUIPMENT LEBANON VALLEY IMPLEMENT CO: ABRACZINSKA’S FARM EQUIP. INC.
225 York Road
Carlisle, PA
Ph (717)249 5338
S. G. LEWIS AND SON
West Grove. PA
Ph (215)869-9440
869-2214
The Milk
Check
TOM JURCHAK
County Agent
Big Deal
One of the biggest deals
ever attempted, to put under
a single control the assembly
and processing of milk, was
undertaken early in March
with the announcement that
H.P. Hood, Agway and
Yankee Milk were con
sidering a joint venture that
could involve our four billion
pounds of milk a year or
about 80 per cent of the
supply in the New England
market.
Nothing has happened
yet, but a study was made
and an agreement signed
that allowed, for a 90 day
period for all the interested
parties to put it all together.
It would require the
purchase by Agway, Yankee
Milk, the present 800 H.P.
Hood shippers and perhaps
two or three other co-ops to
buy up sixty per cent of
Hood’s outstanding common
stock at $43 a share.
The Boards of Directors of
MF 640 Row Crop Planter
700 E Linden St
Richland, PA
Ph (717)866 7518
MARLIN W. SCHREFFLER
Pitman, PA
Ph (717)648-1120
Agway and Hood have ap
proved the agreement in
principle. It would mean that
Hood would purchase milk
from a new cooperative
made up of Yankee mem
bers, present Hood shippers
and members of other
cooperatives in New
England.
Agway would not be in
volved directly in the han
dling of milk but their role is
described as a catalyst
limited to financial in
vestment in H.P. Hood and
overall leadership similar to
the Pro Fac/Curtice-Bums
model.
The new cooperative
would purchase the fixed
assets of Hood and the other
cooperatives and lease them
back to Hood.
It is expected that through
lowered assembly costs,
increased plant efficiencies
and general market systems
improvement that nearly
five million dollars could be
w I
to keep you on-the-move
Seed hoppers are 1 ,/ 4 bushels
translucent fiberglass for less
refills and easy visibility of seed
levels from the tractor seat
All of these features provide the
new MF 640 with excellent
planting efficiency at optimum
Lancaster Farming, Saturday, April 5,1980—D15
saved for profit sharing must participate in the fund
among the participants. unless “opted out” by their
There’s a lot of work to do board of directors or their
in 90 days, including a 94 voting delegates at the
cent per hundred capital annual meeting,
investment by all the far- Handlers will contribute
mers who want to par- one cent a hundred, and
ticipate. They have to sign claims by producers will
up enough fanners to get at cover 75 percent of the
least three billion pounds amount owed by the handler
and that alone may take 90 for a period of up to 60 days,
days This percentage could be
V
There are many pieces to
fit together in a short time
but just the idea that it is
being tried is a little
staggering.
Off and Running
The draft of a bill called
the “Milk Producers” and
Cooperative Security Fund
Act” has been made by the
Senate Agriculture Com-
mittee in the Pennsylvania
Legislature.
From the title you can
guess that it provides
separate funds for
proprietary handlers and
cooperatives.
The “marketing” no-ops
Central York Dairy
4-H builds show boxes
The Central York 4-H
Dairy Club held their March
meeting at the home of Roy
Thompson.
The club started work on
their spring project, the
RD 1, Catawissa PA
717-356 2323
(South on Rt 42)
N. H. FLICKER & SONS, INC.
Maxatawny PA
Ph (215)683 7252
I
speeds so you get more seed in
the ground per hour
Other features include a
standard seed monitor, high
strength hydraulic markers and
rugged roller chain drives
M. M. WEAVER & SON
N Groffdaleßd
Leola PA 17540
Ph (717)656-2321
ARNETTS GARAGE
Rt 9 Box 125
Hagerstown MD
Ph (301)733-0515
increased after a public
hearing if the fund has
“sufficient assets.”
Under the Cooperative
Security Fund the co-op
would have to go bankrupt
before the members would
receive “an amount not to
exceed 90 percent of the
unpaid milk ,money of the
member.”
Of course, this is just the
beginning of what may be
included in a bill that may
get passed. But it’s further
along than such an effort has
ever been before so at least
you’re off and running.
making of a show box to keep
equipment in at the bam.
The next meeting will be
held April 14 at the Thomp
son farm to complete the
projects.