Cooperative Meets, Reviews Financial
ANDY ANDREWS
Lancaster Fanning Staff
MOUNT JOY (Lancaster Co.)
—Some dairies in Texas can supp
ly fresher milk to Atlanta’s mark
ets than dairies that are only 20
miles away from Atlanta, simply
because of a three-timcs-a-day
milking schedule and a lot of
trucking, according to the presi
dent of the Mount Joy Dairy
Cooperative on Wednesday.
Don Risser, president of the
cooperative, spoke to about 400
Mount Joy members and their fam
ilies at die annual banquet at the
Country Table Restaurant in
Mount Joy.
Milk production has become
Two directors to serve three-year terms were elected.
One Is Michael L. Brubaker, Mount Joy, left, In partnership
with father Luke and brother Tony. Another director, re
elected to the position, was Dale R. Hershey, Klnzers. Dale
farms with wife Deb and daughters Monica, Taylor, and son
Regan.
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national, and the price of milk in
California affects the price in Lan
caster, according to Risser. And
with the absence of federal price
supports in the coming years, the
market will continue to become
more volatile and more unstable.
“We don’t have those programs to
give us balance anymore,” Risser
indicated.
But the cooperative continues to
grow and to be competitive in milk
marketing, with a total of 190 pro
ducers (compared to 179 produc
ers in 1995). Marlin Benedict,
CPA with Simon Lever and Com
pany, CPA firm in Lancaster, pro
vided the financial report for the
cooperative.
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Total pounds of milk sold was
257,042,774 (compared to
221,757.601 in 1995). Total assets
for 1996, according to the balance
sheets presented at the banquet to
the members, are $4,580,313 for
1996, up from $3,682,418 in 1995.
Net savings for the year was
$200,047, down from $255,831 in
1995. In 1995, the redemption of
patrons’ revolving fund certifi
cates payable totaled $67,516 with
patronage distribution payable of
$64,115.
Risser noted before the report
was given that die number of
pounds of milk marketed since
ETAILS
ON LEASING
LANCASTER
Top 10 producers, from left, Included George Rohrer, Mrs. John Landis, Ken Zurln,
and Francis and Daniel Mains.
•- ■ hk **■
V s
More producers winning the Top 10 Production Honor Included, from left, Melvin
Krelder, Millstone Acres; Ken Balmer; and Mike, Tony, and Luke Brubaker of Brubaker
Farms.
Honor roll members, from left, Herb Garber (H.E. Garber and Sons), Cart Brandt, Ira
Helstand, David Wenger, Dale Hlmmelberger, and Richard Alwlne and Dale Brandt,
Alwine Farms.
VOO' » jMr, M'S*
IwiMUr Fanning, Saturday, February 1, 1087-AS7
1990 for the cooperative has
grown 240 percent The top 10
producers alone for the year now
produce about a half of the total
1990 production in the coopera
tive, he noted.
For the year compared to 1995,
there was a 16 percent growth in
the pounds of milk marketed and a
net increase in 11 producers. Costs
remain flat indicated Benedict at
67 cents per hundredweight to
operate the cooperative. The net
milk check to producers on aver
age after deductions for 1996 was
$14.27 CWT, compared to $12.44
in 1995. Milk price average was
Year
$15.22 compared to $13.47 the
previous year. Five yean ago the
milk price avenge was $14.55 per
CWT.
Royce Seifert, API, also
reported on some of the changes
taking place with the industry,
notably die ADC and Land ’O
Lakes merger. He told producers
that there has "always been a place
for smaller organizations" such as
the Mount Joy Cooperative, and
the cooperative will continue to be
a part of the milk marketed in the
Mid-Atlantic region.
(Turn to Pago A3S)