A3o—Lancaster Farming, Saturday, September 26,1981
Sander’s look
at marketing
(Continued from Page Al 9)
While at Hornblower and Weeks,
Sauder initiated the opening of a
commodities department within
the investment company. He
recalls the company had reser
vations about the feasibility of a
commodities department in a
small town away from Wall Street
and Chicago. But their doubts were
soon dissipated when David built
the Lancaster commodity office up
to rank at the top of the national
list for three consecutive months.
One of David’s goals at Trade
Tech is to help farmers to un
derstand the value of Futures
markets as a tool. Currently, only
an estimated 7 to 12 percent of the
nation's farmers use it to lock in a
profit. Most of the doubts and
hesitations surrounding Futures is
the result of “horror stories” of
farmers who used it incorrectly
and failed, David says.
Using the Futures markets isn’t
for every farmer, however. Sauder
points out cash grain operators and
livestock producers should use it
the most, while dairy farmers have
less reason to rely on Futures
markets, except for large feed
investments. Capital for in
vestment is also a requirement, he
Apple Harvest Festival
begins Friday
ARENDTSVILLE - It’s that
time of year again. Tune for the
annual Apple Harvest Festival
which transtorms Arendtsvilie,
Adams County, into the core of
apple activities in the nation.
Queen contests, orchard tours,
taste-testing sessions, artists and
craftsmen all will make this year’s
Festival exciting and educational.
Twelve queens from eleven
states will be vying for the title
Miss Apple USA. After some
grueling competition that includes
apple-packing, quizzes on the
apple industry, and others, the new
national queen will be crowned
during the Apple Harvest Bail,
Saturday evening, October 3.
On Friday, October 2, downtown
Gettysburg will be the focus of the
festival when the queen candidates
join with other apple producers in
an Apple Harvest Mart where
fruits and vegetables will be
displayed, along with homemade
adds, recommending a minimum
amount of $2,500 to $7,500 for
holding a hedge, and at least
$20,000 to $25,000 for those who
want to speculate.
Sauders stresses farmers who
lock-in their profits with a Futures
contract are more consecutive
than farmers who ‘•'V#* their
chances buying and selling cattle
on the open market.
“A farmer who sees he’s made a
mistake can sell his Futures
contract the same day he bought it.
It’s possible to be in and out of the
market over 100 times in the same
day all it takes is a phone call,
about 30 seconds.”
What does it cost to have David
join a farmer’s marketing team?
For farmers wishing to hedge their
commodities, David’s help is free
of charge. Speculators are charged
25 percent of their net profit, on the
other hand.
David advises that until a far
mer understands the Futures
market completely, he should stick
strictly with hedging rather than
speculating which is more risky.
“The 1980 s will be a-decade of
economic revolution in the field of
agriculture,” David concludes.
“We hope to help change the
financial outlook for farmers. ”
baked goods and other items. The
mart will run from 2 p.m. until 3:45
p.m.
From the mart, Apple Harvest
participants will move to Hickory
Bridge Farms, Ortanna for a
nibble of some fantastic desserts,
all, ot course, featuring apple
ingredients. After satisfying their
sweet tooth in baked goodies, the
visitors will be ready to watch and
listen as each queen contestant
presents a three-minute speech on
apples.
On Saturday, the festivities
move to the South Mountain
Fairground, here in Arendtsvilie,
where tours will head out to the
surrounding orchards, laden with
delicious fruit. Craftsmen will be
on hand along with artists, setting
up booth and displays of their
handiwork.
The Apple Harvest festival will
continue the following weekend at
the fairgrounds.
Gerlach
(Continued trom Page A 27)
Reserve Champion
Michelle Dean Strasburg
UGHT HEAVYWEIGHT
Class I
1 Tim Hess Lancaster 2 Brian Hess
Conestoga 3 Steve Main Lancaster 4 Gerald
Frey Washington Boro 5 Jeff Barley Lancaster
Class II
1 Shawn Charles Lancaster 2 Gerald Hess
Conestoga 3 Tammy Barley. Washington Boro. 4
PaulWissler Jr Pequea
Class HI
1 Jeff Gerlach Washington Boro 2 Michelle
Dean Strasburg 3 Gordon Long Columbia 4
Steve Mam Lancaster
Champion Light Heavy Weight
Jeff Gerlach
Reserve Champion
Tim Hess
MEDIUMWEIGHT
Class 1
1' Shawn Charles Lancaster. 2 Tim Hess
Lancaster. 3 Steve Mam Lancaster 4 Brian
Hess.s Tammy Barley. Washington Boro
Class II
1 Gordon Long, 2 Shawn Charles Lancaster 3
Gerald Frey, Washington Boro 4 Jim Harmsh
Lancaster. 5 Brian Hess
Class 111
I Gerald Hess 2 Michelle Dean Strasburg 3
Steve Mam Lancaster, 4 Tammy Barley
Washington Boro 5 Isaac Eshbach Midersville
Champion Medium Weight
Gordon Long
Reserve Champion
Gerald Hess
HEAVYWEIGHT
Class I
1 Jeff Gerlach Washington Boro, 2 Gkuane
Lefever Pequea 3 Rodney Witmer 4 Tammy
Barley 5 JeffKreider
Class I)
1 Jim Harmsh 2 Michelle Dean 3 Gerald
Hess, 4 Tim Hess 5 Wayne Hess
Class 111
i Tim Hess 2 Gerald Hess 3 Wayne Hess 4
Steve Mam 5 Gerald Frey
Champion Heavyweight
Jeff Gerlach
wmm
ipl||
mTmmWUE
| MMBOm
Reserve Championm Heavyweight
Tun Hess
Overall Grand Champion
Jeff Gerlach
Overall Reserve Champion
Jeff Gerlach
PAIRS
Lightweight
I Wayne Hess 2 Gerald Frey 3 John Ressler
4 Jeff Gerlach
I Gordon Long
Jeff Gerlach also captured the Reserve Champion title with
a litter mate to the Grand Champion. This hog weighed 230
pounds.
fmAm
wsm
mm
Sperry New Holland has announced a new program that will allow area farmers to buy
combines and forage equipment at lower annual finance rates, according to Bill. Wiley, of C.E.
WHey & Son, Inc., of Quanyvdle, PA.
Bill said his company is participating in the program, and believes it affords farmers the
opportunity to get unusually good terms on the combine and forage equipment they need. To
earn these reduced rates, contracts for forage equipment must be completed by October 31,
and those for combines by November 30,1981.
Essentially, new or used combines and forage machines can be purchased over two, three,
or four-year periods at below standard rotes. Equipment in these categories purchased over a
two-year period will have an annual rate of 13.9 percent. Three-year contracts will carry an
annual rate of 14.9 percent, and four-year contracts, a 15.9 percent rate.
some restrictions on purchases, but the lower rotes represent on
wjll went to consider. In addition, other financing programs provide
irges them to visit his dealership for full details,
everything going up and up," Bill said, Tm glad that I can offer farmers
Ip them fill their equipment needs at a tower financing cost."
have Free Financing in lieu of the above till
1982 for Hay and Forage Equipment. It’s
>ice...Choose the plan that best suits you. We
iy to deaf!
Mediumwetght
RATES
Ci. WHEY & SON INC.
Heavyweight
1 Gordon Long 2 Tim Hess 3 Isaac Eshbach
Champion Pair
Wayne Hess •
Reserve Champion Pair
Gordon Long
Junior Showman
1 Michelle Dean. 2 Brian Hess. 3 Jeff Barley 4
Scott Charles 5 Duane Lefever
Senior Showman
1 Wayne Hess. 2 Gerald Hess, 3 Gordon Long
4 Jett Gerlach 5 Johnßessler