Am. Ag Movement To Sue
Chicago Board Of Trade
WASHINGTON. D.C. The
American Agriculture Movement,
Inc. voted to file a lawsuit against
the Chicago Board of Trade.
AAM, Inc. National President
Harvey Joe Sanner said “This is
another necessary step in our his
tory of acting on behalf of the
family farmers who make up our
membership.
This legal action was necessi
tated by the July 11 order of the
CBOT Board of Directors that
July soybean contracts be liqui
dated causing a sudden drop in
soybean prices. Several know
ledgeable sources have indicated
that a significant price increase for
1989 crop soybeans was sacrif
iced. costing farmers millions of
dollars.
David Senter, AAM National
Director said “After weeks of
study and research AAM, Inc. felt
there was no other course of action
except to seek damages in the jud
icial system.”
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The suit will be filed as soon'as
possible and will allow soybean
farmers that were affected to seek
recovery of damages.
David Senter was heard to say
“Producers of practically all com
modities have a stake in this litiga
tion, when one commodity is
adversely affected it impacts
others. This will be an opportunity
for all producers and others that
are concerned with our marketing
system to have those concerns
addressed.”
Sanner went on to say
should probably thank the Board
for providing us with this oppor
tunity. After protests, hearings,
F. 8.1. investigations, and indict
ments of traders may have caused
the angry frustration to mount To
calm the fears of those who accuse
AAM, Inc. of trying to destroy the
Board of Trade, it is not so. We
know that there must be integrity
in our marketing system. But it
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Maryland Team National 4-H Dairy Judging Cham
The Maryland 4-H dairy Judging team beat out all other state teams this week to
become the national champion. They competed in the 4-H National Dairy Judging
Contest held in Madison, Wise., In conjunction with the 23rd annual World Dairy Expo.
The team competed In five classes: Brown Swiss, Ayrshire, Guernsey, Holstein, and
Jersey Judging.
Coach Dr. Lee Majeski, left, accompanied the team, which comprised, from left,
Jenell Rinehart, Stacy Guyton, Randy Stiles, and alternate Jim Allen. Rinehart placed
fourth high individually, with Stiles placing sixth and Guyton placing eighth.
was not farmers nor AAM that
destroyed integrity and our law
suit may be the healthiest thing for
the market and the producers,”
said Sanner. “The injunctive sec
tion of the suit seeks to prohibit
the Chicago Board of Trade from
repeating this type action again. It
should also be said that it wasn’t
fanners who were dual trading or
indicted by the F. 8.1. It was not
farmers who caused soybean
markets to plunge downward and
it was not AAM or farmers who
prohibited by being short in the
market, as some firms did. It was
not us who had a windfall when
soybean prices fell because of the
ruling made by the Board of
Directors of the CBOT. Quite
frankly, the Board has done a
US Pcital So< vick
STATEMENT OF OWNERSHIP. MANAGEMENT AND CIRCULATION
Huiuireilby WViL JbMSf
ia title of publication
LANCASTER FARMING
3 FREQUENCY OF ISSUE
WEEKLY
4 COMPLETE MAILING ADDRESS OF KNOWN OFI ICE OF PUBLICATION (Street City Counit itau ini t!l Cotle) f Vui | mount
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% COMPLETE MAILING ADDRESS OF*THE HEADQUARTERS 01 GENERAL BUSINESS OFFICES OF THE PUBLISHER (Sot pnmtr)
1 EAST MAIN STREET, BOX 609, EPHRATA, PA 17522
• FULLNAMeTaNO COMPLETE MAILING AUUHLSS Of PUBLISHER EDITOR ANU MANAGING CPU OH (llm iitm MUSI SOI btblaiki
PUBLISHER (Name an* Complete Mailing AJilnn)
LANCASTER FARMING, INC.
PRESIDENT
JOHN M. BUCKWALTER
MANAGING EDITOR (Ntm* and Complete Alailmg Aihliciti
EVERETt R. NEWSWANGER
1 OWNER (tfowneJ f>> a corporation in name anJ aJJitu mull be Hand Uiwiiilti) immtJmult ihereimJtr the names amt ajilnsut ui n knoUert
owning or bolJlnt I percent or ntoit of total amount o/ stock // not united a corporation ihe naintt anJ uMniiet of Ott mi/m/i.nluwim mutt
be given t/untied by a patinenhipar other unmiotpmuiiJ firm ill name and atlJtett as mil at iliat of eai h individual mull bt gn n If the pubhta
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PULL NAME
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B KNOMN BONDHOLDERS MOHTOACLES AND OIHCH SECURITY MULDERS OWNING OH HOLDING I PERCENT OH MOIU Of TOTAL
AMOUNT Of BONDS, MORTGAGES OH OTHER SECURITIES fl/ men m hum to title) _
FULL NAME
| "'FOR CJMPLE riON BY NONfROf IT OHGANI2AT lONS AUIHORI2ED TO MAIL AT4PECIAI HATkSjWi ihin 421 l2UAlM<mlyt
Thi furmif lunction and nonprolli »uiui ol thii nid iht taatnpi nslui for Fadaral incoma tax purpow lOti k one I
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□ HAS NOT CHANGEU DURING (—1 HAS CHANGED DURING
PRECEDING 17 MONTHS U PRECEDING 12 MONTHS
EXTENT AND NATURE Of CIRCULATION
A TOTAL NO COPIES (Vrr Pent Hun)
• PAID CIRCULATION
I Sal* ihiowgh durian and carriari liiaat vandon and cwnut Ml*
2 MU SutMcnptiOA
C TOTAL PAID CIRCULATION (Sum «/ lOkl xml IVUU
0 TREE DISTRIBUTION BY MAIL CARRIbfI OH OTHER MEANS
SAMPLES COMPLIMENTARY AND OTHER c RtE COPIES
E TOTAL DISTRIBUTION fSumofCemUil
F COPIES NOT DISTRIBUTED
I OHwauia Ith owai unaccoumad ipoiled ahar printing
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Lancaster Fanning, Saturday, October 7,1989-A49
IB PUBLICATION No_
niFKET
3A NO OF ISSUES PUBLISHED
ANNUAL! Y
LANCASTER, PA
LANCASTER, PA
EPHRATA, PA
LUMPLEIE MAILING ADDRESS
wcsr KING STREET
P.O. BO
r Asr
ER , PA 1760'
LANCj
COMPLETE MAILING ADDRESS
(1/ eking eJ puHtihtr inuii milnmt«\ftliiuinm of
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AVERAGE NO COPIES EACH
ISSUE DURING PRECEDING
47,500
45,704
45,074
1,410
47,284
47,500
uIGNAIUUF
AND mu 111 I uIIOR.PUULIbHER
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lousy job in the integrity depart
ment. Our suit might let a little
sunlight into the “pits” on Lasalle
Street.”
David Senter concluded by say
ing “Why does the Board of Trade
believe in “FREE TRADE” only
when it applies to everyone else,
but when it comes to themselves
they manipulate the market?”
Anyone wanting more informa
tion should contact Harvey Joe
Sanner, National President, at the
AAM, Inc. Arkansas office at
501-256-4766 or 501-256-4846
(FAX).
2 DATE OF FILING
10/01/89
3* ANNUAL SUiSCHIPMON
PFIICE
$l2 50
ACIUAI NO £ol*ll > Of SINGiC
ISSUL PuiLt&MiO Nl ANEST TO *
FILING DATE
47,600
46,093
46,159
1,426
47,505
47,000
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