AlB—Lancaster Farming, Saturday, January 29,1983
OMAHA, Neb. A record price
of $36,000 was paid to Mill Brook
Shorthorns, R. Lee Johnson
Family, Frederick 4 n, Ohio
during the Shortho feedstock
Special Sale held it injunction
with the Denver Nat il Western
this month.
The top-selling female. Mill
Brook Hope 81, was the champion
female in the sale show held the
previous day. She is a May 1061
daughter of Deerpark Improver 2
out of Highfield Hope 4th.
She came off a successful show
season, most recently being named
Economist says livestock economy to improve
NEW ORLEANS, La. - There
will be “a little improvement” in
net farm income in 1963, with most
of it coming in the livestock
economy, Kansas City Federal
Reserve Bank Economist and Vice
President Marvin Duncan said
here recently.
There will be “many op
portunities” for the livestock in
dustry in the 1980 s and ’9os and
beyond, he said. To bring the entire
farm sector back to prosperity,
there must be an improvement in
world-wide demand for
agricultural products and at least
a short-term decline in farm ex
penses, Duncan told the annual
meeting of Livestock Marketing
Association.
Predicting a “restrained” U.S.
economic recovery beginning the
second quarter of this year,
Duncan said this will “set the
stage” for extended economic
growth with a period of “relative
price stability.”
However, Duncan cautioned, not
only the U. S., but the world
economy must rebound for the
agricultural sector to recover. And
1983 will not be a good year for the
agricultural chemical and farm
implement industries, he said.
This prediction was tied to
Duncan’s assessment of the new
payment-in-kind program in the
grain sector. As acreage is
reduced, demand for chemicals,
fertilizers and farm machinery
will be dampened, he said.
Last chance!
1981 prices
still in effect on
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• 1981 PRICES 'TIL FEB. 15th
• FAVORABLE TERMS
• WAIVER OF FINANCE
• ADDITIONAL DISCOUNTS
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Shorthorn heifer brings record price
the Grand Champion Shorthorn
female at the North American in
Louisville, Ky. She sold bred to
Mill Brook Four-Ten, a son of the
National Champion G-Nine 2975.
The buyer was Shorthorn Genetic
Engineering of Elk Grove, Ca. The
firm is developing Shorthorn
females for use in an extensive
transplant program.
Interest in the bull sale was
centered on two lots, both winners
in national show ring competition.
G M Irish Special, a two-year-old
son of Lazy D. Irish Jack, sold 1/3
interest and no possession for
$30,000. This evahi-ter him -♦
PIK is a “logical conclusion” to
the growing problem of over
production of grain, although the
benefits from the program, in the
form of increased grain prices,
probably will not be realized until
1964, be said.
Although the economy did not
perform as well in the last quarter
of 1982 as economists had hoped,
“there were the stirrings of
economic recovery,” as auto sales,
housing sales and housing starts
began “turning upward.”
The gross national product
should grow from 1.5 to 2.5 percent
this year, which Duncan labeled a
“very restrained” economic
recovery.
Duncan also said that the
growing federal deficit “hangs
over the economy like a dark
cloud,” and “unless we do
something,” the deficit will get
larger as far into the future “as
you care to look.”
Along with a prediction that
President Reagan will be forced to
cut the defense budget, as well as
the rate of growth in Social
Security benefits, Duncan also
foresaw tax increases both this
year and in 1984.
Turning to the world trade
picture, Duncan said, “In troubled
economic times countries look to
protect their own markets.” He
labeled this move as “very
dangerous,” saying it can lead to a
“spiral of offsetting protectionist
measures” abroad.
At Nat’l Western
$90,000. Special was the National
Champion bull at the 1962 National
Shorthon. ‘ how. Buyers of this lot
owned by Sutherland Farms,
Prospect, Ky., and Hagerlan
Farms, Hodgenville, Ky., were the
following firms; Carl Jordan and
Family, Rensselaer, In., Mill
Brook Shorthorns, Fredericktown,
(Mi., Walter J. Hoyt and Sons,
Burns, Or., and Madera Ranch,
Parma, Id.
Another high-selling bull con
signment was Honey Dew Big Red,
owned by the Jerry Taylor Family,
Prairie City, H., and Martin Bros.,
In response to questions, Duncan
said:
—He did not think the “social
fabric” of the U.S. will accept
double-digit unemployment
“forever.” He did predict
unemployment of over 10 percent
through 1983, and said he felt his
definition of “full employment”
means an unemployment rate of 6-
6% percent.
—The federal government can
live with its projected large
Adams-Franklin vegetable meeting Thurs.
GETTYSBURG The annual Robert Tetrault, Extension en
winter meeting for Adams- tomologist; 11:30 a.m.,
Franklin vegetable growers will be' “Marketing Options,” Larry
held on Thursday, Feb. 3, at the yager. Extension marketing
Penn State Fruit Research agent; 12 noon, lunch, dutch treat;
Laboratory, Biglerville. i pjn., ‘‘Tomato Varieties and
The program is scheduled as Other Improved Vegetables,”
follows: 9 a.m., “Efficient Use of P®*® l- ferretti; 1:45 pm., “Weed
Lime and Fertilizer,” Peter Control That Works”, a panel of
Ferretti, Extension hor- growers to be moderated by John
ticulturalist; 9:45 a.m., “New Shearer, Franklin County
Developments in Tomato Disease Extension Agent; 2:30 p.m.,
Control,” Alan Mac Nab, Extension “General >r Discussion - Insects,
plant pathologist; 10:45 a.m.. Diseases, Cultural Practices,”
“Insect Control on Vegetables.” 3.00p.m., Adjourn.
THE SURPLUS BARN
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Bathroom Fixtures, , Kitchen Sinks,
Faucets, Tools, Nails • 30' a lb.. Paint -
$5-8 per gal.. Storm Doors, Formica
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50% Off all trim
Corner of Rt. 472 & Noble Road
Kirkwood, PA
717-529-2847 or 529-2946
BRUBAKER AGRONOMIC CONSULTING SERVICE
• Population Counts
• Insect Check & Counts
• Weed Identification &
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CALL MIKE FOR MORE INFORMATION
717-397-2575
~ 695 Hartman Station Road •' Lancaster, PA 17601
V«,YU. «•
Hardeyvllle, Ky. This bull bad
been successful in the show ring,
being named Grand Champion bull
of the Illinois, lowa, and Missouri
State Fairs. In addition, be had
also been named Grand Champion
bull at the American Royal,
Kansas City, Mo., and the North
American in Louisville, Ky. This
May 1960 son of Legs sold for
$20,000, 2/3 and full
possession to Madera Ranch. He
had earlier been chosen as the
champion salebull.
Selling at $lO,OOO was 7 M Ex
plosion Pirate, a January 1961
deficits “for a long, long time, but
the economy can’t function very
well with them.” Duncan said that
“unless we get some final
decisions made about bringing
down the federal deficit, I don’t see
the economy performing well
much beyond 1983.”
—There is the prospect for some
reduction in interest rates.
However, an improving economy
will bring increased consumer loan
demand, helping to boost rates. '
FARMERS-
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Explosion mo consigned by 7 M
Polled Shorthorns, Clarendon, Tx.
This bull was a 1902 AU-American
and sold for 2/3 interest and full
possession while retaining 1/3
semen interest for the 7 M herd.
The buyers were DJW Irish
Shorthorns. Clarendon, TX., and
Saveli Farms, Ferris, Tx.
Spruce Hill Heiress, a roan
October 1981 daughter of
Cromellar Image Seal x, sold for
$lO,OOO to Sangamon Farms,
Dewlttville, NY. This fancy heifer
is a full brother to Spruce Hill
Image who was recently one of the
most popular bulls to ever enter
the show ling.
Other top-selling lots included:
Mill Brook Irish Surge 147 x,
consigned by Mill Brook Shor
thorns, sold 2/3 interest and full'
possession to Theiman Polled®
Shorthorns, Warrensburg, Mo., for
$8,600; Inness Roan Queen x, from
John Inness, Galesburg, 11., sold
for $7,500 to Shorthorn Genetic
Engineering; Hilltuck Mick R 7,
from Hilltuck Cattle Co., Virginia,
IL, sold 2/3 interest arid full
possession to, Herb Symington,
Neche, *LDr for $9,200; Hilltuck
Corofln R 2, also from Hilltuck, sold
for $5,000 to Shadybrook Farms,
LTD, Montreal, Quebec, Canada;
HS Beacons Harmony x, a con
signment from Hoyt and Sons, sold
to Shadybrook Farm, LTD, for
$5,000; Waukaru Minnie 1113 x,
consigned by Mark Jordan,
Rensselaer, In., sold for $5,100 to
Scott Bernards, Carlton, Or.; and
Gm Spectacular, consigned by
Gary Mobley, Prospect, Ky., sold
for $7,000 to Melroe Bros., Gwin
ner, ND and Archie and Gary
Hansen, Lisbon, ND.
An average price of $6,811
received for the 19 1/3 bulls sold,
for a total of $131,650.' The 15
females brought $88,600 for an
average sale price of $5,907.