A36-Lancaster Farming, Saturday, September 19, 1987
Milk Market News
NEW YORK Dairy farmers
who supplied milk plants regulated
under the New York-New Jersey
marketing orders during August
1987 will be paid on the basis of a
uniform price of $12.44 per hun
dredweight (26.8 cents per quart);
the price for the corresponding
month last year was $12.46 per
hundredweight. Market Admini
strator Thomas A. Wilson also
stated that the price was $11.96 in
July 1987. The uniform price is a
marketwide weighted average of
the value of farm milk used for
fluid and manufactured dairy
products.
The seasonal incentive fund
returned a total of $3,320,972.10,
or $.350 per hundredweight, to the
dairy farmers’ uniform price for
August. This fund was generated
by reducing the uniform price paid
to producers during the high
production spring months.
A total of 14,672 dairy farmers
supplied the New York-New
Jersey Milk Marketing Area with
947,811,383 pounds of milk dur
ing August 1987. This was a
decrease of 1.0 percent (about 9
million pounds) from last year.
The gross value to dairy farmers
for milk deliveries was
$118,036,915.04. This included
differentials required to be paid to
dairy farmers but not voluntary
premiums or deductions author
ized by the farmer.
Regulated milk dealers (hand
lers) used 369,845,401 pounds of
milk for Class 1,39.0 percent of the
NEW HOLLAND
FARMERS
FAIR
SEPTEMBER 30,
OCTOBER 1,2, 3,
Send this coupon for entry number to
ENTRY CLERK
361 Valley View Drive
New Holland, Pa. 17557
Entry numbers can be picked up on
Tuesday, Sept. 29 from 2 P.M. to 7:30 P.M.
A.B.C. Groffs
Farm Equipment Basement,
across the street from the 4-H Tent on
South Railroad Ave. In lieu of sending
for one.
Farmer Fair premium books may be
picked up at New Holland Stores.
Nami
(Address.
To Enter All Exhibits Must
Be Listed in the Fair Book.
total. This milk is used for fluid
milk products such as homogen
ized, flavored, low test, and skim
milks. For August 1987, handlers
paid $13.62 per hundredweight
(29.3 cents per quart) for Class I
milk compared with $13.55 a year
ago.
The balance (577,965,982
pounds or 61.0 percent) was used
to manufacture Class II products
including butter, cheese, ice
cream, and yogurt Handlers paid
$11.37 per hundredweight for this
milk.
The uniform price is based on
milk containing 3.5 percent butter
fat. For August 1987, there was a
price differential of 17.0 cents for
each one-tenth of one percent that
the milk tested above or below the
3.5 percent standard.
For the second consecutive
month, the butterfat test fell below
the 3.5 percent standard. The
August 1987 test was 3,495327
percent
All prices quoted are for bulk
tank milk received from farms in
the 201-210 mile zone from New
York City.
MR. & MRS. LEONARD DEITZ
FEATURING
Feed-Ease Pan Auger System
FOR INFORMATION
OR AN
APPOINTMENT. TO
A
Cunh|r|md
BROILER OR TURKEY
FEED SYSTEM, CALL
Major changes are in store for
taxpayers asa result of 1986 Tax
Reform Legislation, according to
Jay Irwin, County Extension
Director. Penn State will provide
information about the new rules at
the October Income Tax Prepara
tion Workshops. This year, the
October Tax Workshop will be
conducted in Lancaster on October
12 and 13 at the Farm & Home
Center, 1383 Arcadia Road, Hwy.
72 S. exit off 283 or 30; 2 blocks
south; turn on Service Road at
Pontiac dealership.
There is a reason to debate
whether the new tax law will make
tax preparation easier. However, it
is certain that staying up-to-date is
more important than ever. Exten
sion Director Irwin empahsizes
that the Tax Workshop is an oppor
tunity for Tax Accountants, Tax
Preparers, farmers, homemakers,
and owners of small businesses to
Thanks and Congratulations
/
On Their Remodeled 40’x250’ 2 Story
Broiler House.
Cumberland Feeder System,
Suspended On Existing Winching
From Old Chain Feeder.
(717) 569-2702
Income Tax Preparation
Workshop Offered
Hummelstown, Pa.
u
get the latest information abour
the changes that will affect them
during approaching tax filing
season.
The 1987 workshop has been
planned to provide the best cover
age possible of the recent changes
in tax law and tax filing procedure.
Topics to be discussed include the
new rules for computing deprecia
tion, Individual Retirement Plans,
Partnership tax issues, Capital
Gains, and topics of special con
cern for 1987 such as preproduc
tive expenses and carried-over
investment credit. Representatives
of the Internal Revenue Service
and the Pennsylvania State Depart
ment of Revenue will be present to
offer information about their
respective departments.
Instructors for the workshop
include Larry C. Jenkins, John C.
Becker, Lehan R. Power, and Gary
To
NORTHEAST Mid SYSTEMS, INC.
FLYWAY BUSINESS PARK
139 A West Airport Rd. Lititz, PA 17543
(717) 569-2702
L. Sheppard, of the Pennsylvania
State University; Gary Heim, a
State College Attorney; and Rep
resentatives of the Internal
Revenue Service and The Pennsyl
vania State Department of
Revenue. The program offers 12
Continuing Professional Educa
tion (CPE) credits for persons who
need these credits to maintain their
professional accreditation.
Preregistration for the program
is recommended although not
required. The registration fee is
$7O including noon lunches and
workshop reference materials. A
$lO discount is available for those
who register prior to September
25.
Registration forms and more
information is available at the Lan
caster County Extension Office or
by calling that office at
717-394-6851.
Cumberland Grilless
Feeder w/Easy Chic
Starter Feed System.
Equipment By