A3o—Lancaster Farming, Saturday, April 14,1984 Corn marketing strategy outlined NEWARK, Del. “Delaware farmers are facing some tough marketing decisions right now,” says University of Delaware ex tension marketing specialist Carl German. “There’s the tight supply picture for the 1983 corn crop, as well as the potential of a very large 1984 crop which would increase supplies at harvest.” Corn farmers must decide whether to sell the rest of their 1983 crop now or continue holding it in hopes of obtaining higher prices. They must also decide how to price their 1984 crop, which isn’t even in the ground yet. “Many grain analysts seem to agree about these decisions,” German says. “They’re bullish on the price trend for the old crop and somewhat bearish on the new crop price. Old crop corn is in rather short supply, indicating higher prices to come, while abundant stocks of new crop com would suggest prices declining from current levels.” Based on this scenario, German recommends that farmers con tinue to hold 1983 corn until early or midsummer. “That’s when we would expect prices for the old crop to rebound about as much as they’re going to, possibly returning to last fall’s harvest price level,” he says. “As for the 1984 crop, it’s basically a wait-and-see game. Wait, that is, and see how the crop develops and how much the bullish old crop com price tends to support the new crop price.” Price improvement for the new crop stemming from the current short supply situation is likely to be shortlived, the economist predicts. News that U.S. farmers will likely plant 80 million acres of com this year will start to take its toll as the crop begins to develop, he says. Therefore, where possible producers should take advantage of opportunities to price a portion of their new crop above $3 a bushel. When it’s not possible to advance profitable sales, German suggests farmers consider lining up suf ficient storage space. “Exactly EXPERT REPAIRS HBlilfclMP e FENCERS r • GENERATORS * STARTIRS tl ' • ALTERNATORS PEQUEA BATTERIES 118 Ronks, PA SURDIAC COALSTOVES Hopper Feed and Automatic Draft BOWMAN'S STOVE SHOP RD3, Ephrata, PA 17522 Rt. 322,1 Mi. East of Ephrata (717) 733-4973 Tues Wed. 10-6, Thi i 10-8; when the most opportune time may occur to advance further grain sales will depend largely on weather and other developments over the next few months. If it appears the 1984 cropping season will be very good, around 8 billion bushels for U.S. corn production, prices could decline much sooner than expected,” he says. “Of State Delaware Maryland Virginia Adams planning approved HARRISBURG - The Rock Creek Watershed in Adams County has been approved for planning. The authorization was announced by James H. Olson, State con servationist, USDA Soil Con servation Service, Harrisburg, who said the program would mean additional funds for area farmers for soil and water conservation. The Rock Creek Watershed includes 40,000 acres which is all agricultural land except the Borough of Gettysburg and the Gettysburg National Park. Twenty-nine percent of the watershed is prime farmland and 37 percent is classed as farmland of statewide importance. There are over 200 farms in the watershed. A total of 191 farmers are cooperators in the Adams County Conservation District Program. Of this number, 121 farmers have prepared plans to reduce soil erosion and improve water quality. The watershed was identified in the State 208 Water Quality Plan as having the third highest potential for nonpoint pollution. Potential problem areas are (1) high erosion rates, (2) high livestock con centrations and manure disposal problems, and (3) pesticide con tainer and residue disposal. Olson pointed out that the watershed plan is being prepared ■*;2 i-MW'S'--:' •yllS&SHsffii'fi* * v f. ; . • , rri-m&zz’'* i " ‘ ,<i " ■ v •* * JILiL* A«f i Call Us For Your Ventilating Needs: • COOLING PADS • VENTILATION SYSTEMS • FANS, etc. course, an average or below average season 7 billion bushels or less will be good for prices and fanners looking for pricing opportunities.” Based on the USDA Prospective Plantings Report, fanners in Delaware and neighboring areas have reported the following corn planting intentions for 1984: 1984 Intended -1,000 acres - 1983 Planted 155 650 610 under the “Land Treatment” portion of Public Law 83-566, the Watershed Protection and Flood Prevention Act. Goals of the project are (1) to reduce erosion to less than five tons per acre annually on 75% of the cropland and to reduce animal waste pollutants reaching Rock Creek by 75%. Olson said this would be accomplished by ac celerating cost-share funds for land users to install conservation practices by giving a high priority to the watershed for SCS technical belt and by carrying out an aggressive information program. “This could mean over $1 million to help watershed farmers over a 15-year period,” added Olson. Fifteen Adams County and statewide organizations, agencies, and units of government supported the efforts to obtain this program for the Rock Creek Watershed. WEST FRIENDSHIP, Md. - Five central Maryland sheep breeders are sponsoring a workshop for 4-H club lamb par ticipants in conjunction with the Touch of Class Club Lamb Sale on Sunday, April 29. The Howard County Fairgrounds near West Friendship will be the scene of both the workshop and the sale. At 1 p.m. a t> itive from • POULTRY HOUSES • HOG HOUSES • GREENHOUSE SYSTEMS • VEAL BARNS RESULTS OF TESTS CONDUCTED AT THE UNIVERSITY OF FLORIDA PAD TYPE AND THICKNESS IN INCHES CEM-PAD2" NEW ASPEN I" CARDBOARD 4” HOG HAIR 1" FARMER BOY AG. INC. PH. 717-866-7565 410 E. LINCOLN AVE. MYERSTOWN, PA. 17067 BEST IN DESIGN , PRICE AND EXPERIENCE 165 705 740 Spied along the Pa. Turnpike last weekend, these two young anglers remained tight-lipped when questioned about their choice of bait. With trout season opening today, we suspect the fellows had their limit long before the opening bell sounded. Club lamb sale slated the Maryland State Department of Agriculture will present a program on lamb health to help 4-Hers plan for the care of their club lamb. The sale of 50 top wether and ewe lambs will begin at 2:30 p.m. All sale animals will be at the fairgrounds available for in spection by noon on the 29th. The lambs will be acclimated to grain AMBI 94.5 95.9 97.5 99.7 INSIDE TEMPERATURE °F 79.4 BS.S 80.6 79.2 80.3 80.2 81.2 83.5 89.5 93.1 SWINE & POULTRY SYSTEMS SPECIALISTS Please pass the worms 90.0 90.0 90.3 93.2 78.2 75.6 80.6 83.1 82.2 80.6 83.5 85.4 82.0 and in good health having had the normal inoculations. The consignors to the Touch of Class Sale are Jeff and Greg Hevner, Johnsville, and Mary Rauschenberg, Woodbine, with Suffolks; Hope’s Hampshires, Knoxville, and Robert Dinsmore, Jefferson, with Hampshires; and Ben-Har Farms, Woodbine, with Suffolk-Hampshire crossbreds EFFECTIVE COOLING PERFORMANCE 87.8 79.7 87.1 75.6 76.6 76.5 77.5 76J 7ITB 78io r 91.3% 87.3%
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