Lancaster farming. (Lancaster, Pa., etc.) 1955-current, August 30, 1980, Image 18

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

    AlS—Lancaster Farming, Saturday, August 30,1980
WASHINGTON, D.C. -
Secretary of Agriculture Bob
Bergland last Friday said
for the second year in a row
U.S. wheat producers would
not need to set aside acreage
to be eligible for the farmer
owned reserve, commodity
loans and target price
protection.
“Wheat producers need
only to be sure they plant
within their normal crop
acreage to be eligible for all
program benefits in 1961,”
Bergland said.
The farmer-owned reserve
release and call pnees for
the 1981 crop will be in
creased from the current
$4.20 and $5.25 to keep them
consistent with the cost of
Fulton Grange
OAKRYN - Fulton
Grange No. 66 held their
regular meeting August 25,8
p.m. at their hall m Oakryn,
Lancaster Co., with the
Master, Thomas C.
Galbreath presiding.
A report was given of a
public meeting held August
13 at the Grange Hall which
was called by concerned
Grangers over weight limits
being imposed by Penn
sylvania Department of
Transportation on a bridge
over the Octorara Creek on
route 272, at the Chester-
Lancaster County line. The
bridge is located between
Oak Hill and Nottingham
The meeting was attended
by local farmers, bus
drivers, truck drivers, and
others who have had to pay
large fines to cross the
bridge or have had to drive
eleven miles out of their way
for between two and three
years
For some truckers and
school bus drivers this in
Steve Eckstein, left, Mercersburg, won the 1980
Grand Champion Fitter and Showman Award at
the Franklin County 4-H Dairy Show and Maryanne
Johnson, Mercersburg, captured the Senior Fitter
and Showman prize.
Breed champions at the Franklin County 4-H Dairy Show include, from the
left, Roger Crider, Greencastle, Grand Champion Holstein; Patricia layman,
Waynesboro, Grand Champion Guersey, Timothy Dobough, Chambersburg, the
Grand Champion Jersey; and Willie Gloss, Chambersburg, the Grand Champion
1981 wheat program is announced
producing wheat, he said.
The exact amount of the
increase will be decided
when more precise cost
information becomes
available.
Bergland said he expects
the Congress to authorize a
special reserve loan that will
provide an additional in
centive to wheat producers
to make more effective use
of the farmer-owned gram
reserve.
The measure under
consideration by the
Congress would set the
special reserve loan for
wheat at not less than |3.30 a
bushel for the 1981 crop. It
may be increased to provide
adequate incentive for
convenience amounts to
thousands of dollars being
spent each year to drive the
extra mileage as well as the
extra man hours spent which
is caused by the detour. The
meeting was carried on
Channel 8 TV.
PennDOT has now said
they will issue permits to
local farmers to take their
machinery across the bridge
because the earliest date a
new bridge could be started
would be two years. Sensing
a need for local contracts
with PennDOT officials to
iron out some unfair
requirements in the permits
Grange Master Galbreath
appointed J. Everett
Kreider, Charles Wallace
and Jesse Wood to work with
them.
Clifford W Holloway Jr ,
chairman of the Grange tour
committee, announced a
one-day bus trip to An
napolis, Md., for October 1
The trip will include a guided
walking tour of the U.S
lb
producers to use the reserve
program, Bergland said
“The 1981 crop target
price will be increased from
$3.63 for the 1960 crop to at
least $3.81, with the final
amount dependent upon the
magnitude of the increase in
short-run production costs,”
Bergland said.
“The loan pnce will be at
least $3.00 a bushel. After
Congress completes action
on the measure that provides
for a special reserve loan,
and supply prospects are
clearer, we will make that
determination,” Bergland
said.
The Secretary said wheat
supplies are expected to be
meets
Naval Academy and a 45
minute boat tnp around it,
sponsored by the Navy
The youth committee
reported that approximately
30 people attended the
volleyball party August 15 at
the home of Mr and Mrs.
Edward L Zug
In other business the
Grange gave a donation to
the Robert Fulton Fire Co.
Also there were nominations
for new officers
The Lecturer, Mrs.
Howard Miller, introduced
Rev Mark King who spoke
on “Living In The Troubled
Times.”
Election of officers will be
held at the next meeting,
September Bth and Grange
members will discuss the
different approaches on land
preservation during the
literary program
Community Night will be
observed at the Sept 22nd
meeting, commencing with a
covered dish supper at 7
p.m.
Franklin
4-H
Dairy-
Show
■«s **
‘ *~ a ' > d.
adequate, but not excessive
in 1981 and that major un
certainties remain over
gram and oilseed production
this year Even greater
uncertainties exist over
production prospects for the
1961 season.
“If conditions change by
next spring and it becomes
evident that our wheat
supplies will be excessive in
1981, a paid diversion
program will be offered to
wheat producers.”
The final decision on a
haying and grazing program
will also be made before the
spring grazing period
begins
“While wheat producers
can market wheat from the
farmer-owned reserve
without penalty through
August 31, I do not expect
large quantities will be
sold,” Bergland said.
“This means the supply of
wheat available to the
market at the current farm
price is limited. I also expect
farmers will place a suf
ficient quantity of 1980 crop
wheat into the reserve so
that the farm pnce will have
to rise above the |4.20
reserve release pnce to
satisfy 1980-81 market
requirements.
“A farm price above $4.20
a bushel would tend to en
courage a high proportion of
our wheat producers to stay
out of a set-aside program if
one were offered. Our
analysts tell me that only
about half of the 1981 crop
would be eligible for farm
program benefits in-
GOVERNMENT-GUARANTEED
If you would like to know more about GNMA Govern
ment Guaranteed Securities, plan on attending a
seminar sponsored by individual Securities to be held
Guest speaker will be Jonathan S. Krasney, Senior
Vice-President of Gibraltar Securities. Jon Krasney
is a specialist in government securities.
Attendance is free, but reservations are required.
For reservations, or more information, fill out the
coupon below, or call Gib Armstrong or George Glick
at 393-3807
* Based on prepayment of mortgages, accelerated average
life, coupon, dollar price and corporate Bond Equivalency.
INDIVIDUAL SECURITIES LTD.
8 N. Queen St., Lancaster, Pa. 17603
Yes, I will attend the GNMA Seminar, Sept 9at 7 P M
No, I will not be able to attend, but please send me more infor
mation on the GNMA security
llm
✓ t
o */
I Name
I Telephone^
i 1
m a / or more
T m M "A A anticipated
■ M* /O yield
MONTHLY INCOME, SAFETY, LIQUIDITY
SUITABLE FOR QUALIFIED PENSION PLANS
Sept. 9, 1980 7 P.M.
Lancaster Treadway Inn
Orleans Section
eluding entry in the farmer
owned reserve program if
we required a set-aside.
Given the uncertain crop
outlook, it just doesn’t make
sense to withhold benefits
from half the wheat
producers next year,” he
said.
Bergland stressed the
importance of the reserve
program in allowing
producers themselves to
manage supplies.
“Under the current
situation and the outlook for
1981, the farmer-owned
reserve program becomes
the principal tool for
achieving a market balance
which works in the interests
of producers and con
sumers,” he said.
The preliminary national
program acreage for the
1981 wheat crop has been
determined to be 71 million
DEAD STOCK
REMOVED
PROMPTLY
ANYTIME ANYWHERE
We Charge For distant Pickups.
A. F. BRANDT’S SONS
RENDERERS
ELIZABETHTOWN, PA
(717) 367-6026
at
No. of persons
MEMBER NASD-SIPC
acres, but is subject to
change depending upon
subsequent developments.
A harvested acreage of 71
million acres, according to
current estimates and
assuming average weather
patterns, would produce
enough to satisfy the ex
pected wheat demand during
the 1981-82 season and bring
wheat stocks to a level that
would provide the assurance
that the U.S. can be a
reliable supplier of wheat in
national and international
markets.
“Consistent with the 1977
Food and Agriculture Act,
those who want to be
guaranteed target price
protection on the normal
production from their
1981 crop will need to hol(P
plantings to no more than
was planted for harvest in
1980,” Bergland said.
i
"1