(Contlnuad from Pag* Al 3) crop estimate showed no growth, based on the September 1993 intentions report Producers will market only enough hogs to sup port first-half 1994 hog slaughter at about the same level as 1993 (Table 1). Pork exports should increase from 1993 while imports will be unchanged. Hog prices in 1994 will average $46 to $4B per hun dredweight, up slightly from the 1993 level. Poultry All of the 1993 increase in meat production resulted from a S per cent increase in broiler production and a 1 percent increase in turkey output. Strong export and domestic demand supported wholesale prices of broilers above those of a year ago, even with the sharp WHOLESALE & RETAIL Blue Ball National Bank would like to invite our agricultural customers to the Eleventh Annual Agricultural Seminar to be held February 2,1994 at the Blue Ball Fire Hall beginning at 9:45 a.m. This year’s speakers include: Mr. Leon J. Ressler, Extension Agent Agricultural & Environment for Penn State Extension; Mr. Jerry Martin, Project Associate of Pequea Mill Creek for Penn State Extension; Mr. Walt B. Wurster, Agricultural Exten sion Agent for Chester County Extension; Dr. Greg D. Hanson, Associate Professor of Agricultural Economics for Penn State University; and Mr. H. Louis Moore, Professor of Agricultural Economies for Penn State University. The bank will provide lunch. Because of limited space, we can only accomodate those persons who return the coupon at the bottom of this announcement on or before January 27, 1994. Reservations will be taken on a first come, firslt served basis. (No telephone reservations will be accepted.) | COUPON COUPON COUPON] I would like to make reservations for the Agricultural Seminar February 2,1994. Name. Address. Telephom Return To: Blue Ball National Bank, P.O. Box 580, Blue Ball, PA 17506 Attention: Brenda Knauer 1 COUPON COUPON COUPON I Pennsylvania Ag Prognosis Good For 1994 increase in production from 1992. Export sales will represent about 8 percent of production in 1993 compared to less than S per cent as recently as 1989. Exports should continue to grow in 1994 with Hong Kong being the largest overseas market. Broiler output, after years of sharp increases, is nearly equal to beef production (Table 1). Broiler output in 1993 will reach 22.2 billion pounds com pared to 23.0 billion pounds of beef. Increased feed costs will hurt the poultry industry some in the months ahead but returns should be favorable enough to keep the industry expansion underway. Turkey producers’ returns have been less favorable than those for broiler producers in the last few years, and they have slowed their rate of expansion. Turkey output in both 1993 and 1994 is expected to be up just 1 percent annually. Although stocks of turkeys and products are declining and exports are increasing, returns during the remainder of 1993 and in 1994 are expected to be slightly below break-even levels. Annual tuikey consumption at about 18 pounds per capita has been unchanged since 1991. Lower per capita supplies of eggs pushed prices higher in 1993 and resulted in favorable net returns for the egg industry. Feed costs will reduce returns to the egg industry in the final months of 1993 and into 1994, but returns may be high enough to encourage further NEW EQUIPMENT SPECIALS price JD 672 Hydraulic Drive Rake w/Wheel and New Tires $ 3,450 Demo JD 7600 MF WD Sound Guard, Power Quad, 18.4x38, 14.9x28 AM-FM Stereo $51,950 Demo JD 6300 2 WD, Power Quad, 18.4x34, 10.00x16, Dual PTO, Dual Remote, Big Pump $26,900 New JD 348 Baler w/«40 Ejector $16,700 TRACTORS; Farmill 154 Diaoal Hydra Row Cr0p.... —.. IH MS 11 Tooth Pull Typo Chltol IH f Tooth 3 Pt Chlcol JO 7B 2800 Plow. JD 1480 «-ir* SomMMd. P10w... JO IB Roll-Ovor Plow IH S Teeth Pull Typo Chlool JD 2700 SB Auto Rooot On-Land Plow JD 3200 6xlS M Pud Typo Auto Raeal Plow Artoway 12 R. S Pt. Chlool JO BB Saml-Mtd. Roll-Ovor Plow JD 2700 Bxl O' Auto React Plow JO 2800 8x10" Auto Raoot On-Land Plow CULTIPACKERS Brilllon 12' Paekar w/Tranaport JD 12' Paekar. MISCELLANEOUS: Tranaerall 42' Drop Dock Trailer, Air Rida, Nice Pull Type Spin Spreader Several Electric Goll Carta With Chargara . NH Com Drag . Small John Baan Orchard Sprayer JD 148 Loader JD 210 14* Black Gang Dlae IH 478 20’ Hydraulic Wing Dlae. JO BWF 12' Dlae JD 18' Field Flnlahar... JD BWF 12* Dlae 18’ Wing Fold Field Cultivator 8-Tlnaa, JD 238 27* Wing Fold Dlae JD 8 Row RM Cultivator ......... JO 210 11' Dice, Nlea. Coming 1n... JD 4 Row RM Cultivator JD 4010 Do). Turbo, Narrow Front, Bft, Nloo Naw Idoa 244 Tandatn Axla Spraador 9’ Grimm Hay Toddor IH 000 4 Row Plato Plantar, Dry Fartlllzor And Monitor JD 11 Row 15” Boon Plantar JD B 15x7 Grain Drill DO w/Graaa Taylorway 20‘ Hyd. Fold (narrow) Flold Cultivator, Tina Harrow JMUMHOUDAY HOURSMBW - New Year's S i Fri. Dec. 31- K $ Open 7:30 A.M. To 12 Noons .1 will attend. _My wife will attend. STEER LOAPEI ATTACH!! ILDBOARD AND CHISEL: Brilllon 10* w/Big Shall.. Brllllon 12' w/Big Shall.. AND FIELD CULTIVATOR! Store Hours PARTS- Mon. Thru Frl. 7:30 A.M. To 4:30 P.M. Sat. 8:00 AM. To Noon SERVICE- Mon. Thru Ffl. 8:00 AM. To 4:30 P.M. Wide Swings In Dairy As 1993 came to a close, the dairy industry was coming to grips with wide swings in milk produc tion, dairy product demand, and market prices. Milk production was affected by .1993 weather, and by restruc turing of the dairy industry. Meanwhile, consumer demand for dairy products was sluggish, following the demand pattern of the U.S. economy. Demand for fluid milk products was particularly weak. These and other events caused changes in market prices for milk and dairy products of unprecedented amounts and speed. .$6/150 .$1,150 .$1,650 .$3,950 52,250 51,250 51,650 ..—57,450 .$9(950 .$1,160 .$4,650 .$4,500 .$2,950 ...$950 .$1,250 .$1,850 .$1,250 .$8,500 ...$3OO Each $750 5275 5275 s2*4so .$3,850 .$4,350 .$1,850 .$1*450 .sl/150 sBso 56,500 s7so .$2,450 30 EvtrgrMn The impact that large and rapid cheese price movements had on 1993 milk checks can be seen in Table 2. Since it takes about 100 pounds of milk to manufacture 10 pounds of cheese, this table compares the change in price of 10 pounds of cheese to the change in Minnesota-Wisconsin price per hundred-weight of milk. From January through Septem ber, every time the cheese price moved, the M-W milk price moved in the same direction. Even the magnitude of a M-W milk price change was similar to the amount of a cheese price change. 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JO 083 6 Row 30* Boon Hoad 62,450 JD 13‘ Quick Tach Rigid Grain H*ad„.... u ..................-.... u .......—........... ......$1,350 JO 444 4 Row WMa Com Hoad .♦3,650 JO 213 Rigid Haad For SMa Hill .12,650 MF 410 Gas Comblna w/Piatfarm And 4 Row WMo, Hlea JD 4400 Oal. Combine, Now Bnglno JD 7000 CoMMvatlen 0 Row Liquid.. JD Modal B 14x7 Deubla Dloe Drill... JO 0300 21x7 DD Drill Oliver 13X7 Grain Drill SO w/Grati, Nice. MF #43 21x7 Plain Grain Drill IH 400 4 Row Air Plantar JD 7000 0 Row No-TII Plantar, Dry Fertilizer ..$7(450 JD 23x7 DD Drill w/Praaa Attch. $4,850 ILLER HARROWS ANI IH #315 12’ Roller Harrow.. Brilllon IS' Cultlmulchar... IH 315 12' Roller Harrow (717) 272-4541 or Toll Froo 1.800-441-4450 $550 .$4,350 .$1,500 .$2,950 .$1,550 6425 61.650 65,550 6650 ...6650 ...6950 .63,650 59,500 51,450 53,450 .$1,150 .$1,050 ..$1,250 .........$2,850 53,650