A36-Lancaster Farming, Saturday, January 5,2002
Young Farmers Set Winter Conference In Lebanon
PYFA WINTER CONFERENCE PROGRAM
9 00 am - 6 00 pm
900 am -11 00 pm
11 IS am- 1 00 pm
I 00 pm - 5 00 pm
6 30 pm
6 30 am - 9 00 am
7 00 am
■8 00 am - 6 00 pm
8 00 am - 9 00 an)
9 00 am - 11 30 am
9 00 am - 4 30 pm
12 00 noon
2 00 pm - 4 00 pm
5 30 pm
7 00 am - 8 00 am
8 00 am - 11 30 am
12 00 noon
What’s In A Market Report?
EPHRATA (Lancaster Co.) The USDA’s Agricultural Mar
keting Service (AMS) collects and distributes price and sales re
ports on farm products to provide equal access to both buyers
and sellers on current marketing information.
Uniform standards (such as quality grade and yield grade) on
which to quote prices have been established for each commodity.
The commodity’s price basis per-hundred weight, per-head,
per-ton, per-bushel, etc. should be noted in the report. Most
livestock prices are reported on a per-hundred pound weight
basis (CWT) with those on a per-head basis adequately noted.
The weighted average is computed by dividing the total value of
the sales by the total number of units sold.
For example: “Choice 2-3 steers, 1100-1400 lbs, sold 65-68.00”
means the market reporter considered those steers of Choice
quality, ranging from 1,100 to 1,400 pounds, with the estimated
yield of closely trimmed retail cuts graded at 2-3 (on a scale of
1-5 yield grades) and at prices ranging 65 to 68 cents per-pound
live weight.
The word “market” can refer to the geographic location
where the commodity is traded or the price at which it is traded.
Market reports may denote market activity, price trend, supply,
demand and undertone. An explanation of these terms follows:
• MARKET ACTIVITY: The pace at which sales are made.
Active - Supplies readily clearing the market.
Moderate - Supplies clearing at a reasonable rate.
Slow - Supplies are not clearing the market.
Inactive - Sales are intermittent with few buyers or sellers.
• TREND: The direction in which prices are moving in rela
tion to trading in the previous reporting period.
Higher - Majority of sales are at prices measurably higher.
Firm - Prices are higher, but not measurably so.
Steady - Prices are unchanged.
Weak - Prices are lower, but not measurably so.
Lower - Prices for most sales are lower.
• SUPPLY: The quantity of the commodity currently avail
able.
Heavy - Volume of supply is above average.
Moderate - Volume is average.
Light - Volume is below average.
• DEMAND: The desire to possess a commodity coupled with
the willingness and ability to pay.
Very Good - Offerings or supplies are rapidly absorbed.
Good - Firm confidence on the part of buyers that general
market conditions are good. Trading is more active than nor
mal.
Moderate - Average buyer interest and trading.
Light - Demand is below average.
Very Light - Few buyers are interested in trading.
• UNDERTONE: Sense of direction in a given market situa-
tion.
Quality Inn - Lebanon Pa
'nesday. February S. 2001
Registration
Executive Board Meeting
Lunch - Lebanon Valley Expo Center
Tours *EDc Coip
•AES Ironwood
•Wengers of My erst own
Opening Banquet and Entertainment
'ednesday, February 6.200 i
Breakfast - On your own
Executive Breakfast
Registration
PYFA Advisors Meeting
PYFA Business Meeting
•Cake Decorating Demo & Craft Project
•Lunch at Country Fare Restaurant
•Tours and Shopping
Ladies Program
Luncheon
Educational Workshops •AgroTerrorism
*PA Ag Laws
•Biotech in your diet
PYFA Awards Banquet and Auction
mrsdav, February 7.200:
Breakfast - On your own
Tours
•Wengerts Dairy
•Weaberlnc
•Promise Lane Farm - Eugene ft
Kathy Martin Family
Closing Luncheon
MILLIE BUNTING
Market Staff
LEBANON (Lebanon Co.)
Pennsylvania Young Farmers
can make plans for the 2002 win
ter conference, scheduled Feb.
5-7 here at the Quality Inn.
The Cedar Crest Young Farm
ers, host group, have planned ex
citing tours, interesting work
shops, and a wonderful ladies
program, according to conference
chairpersons Glen and Linda
Krall.
Tours for Feb. 5 include the
AES Corp. power plant, a
generating plant powered by nat
ural gas. The plant produces 705
megawatts of power 80 percent
of the electricity produced at the
Three Mile Island nuclear plan.
Also included on the tour are Elk
Corp., which produces fiberglass
laminated asphalt shingles, and
To Quality Inn Lebanon**
1. t PA Turnpike - Tike fcxit #2O (Route 72) - Turn Lelt Onto Route 72 North
(Quality Inn is approximately 7 miles on the lelt)
2. *Route 81 - Take fcxit #3O (Route 72) - Take Route 72 South (thru Lebanon)
(Quality Inn is approximately 13 miles on the right)
3. *Route 78 to Route 72 South (thru Lebanon) approximately 13 miles
4. ’"Route 422 to Route 72 South (approximately I mile)
5. *Route 322 to Route 72 North (approximately 5 miles)
6. *Route 83 to PA Turnpike (Exit #2O) Route 72 North (approximately 7 miles)
PENNSYLVANIA YOUNG FARMERS WINTER CONFERENCE
FEBRUARY 5-7,2002
QUALITY INN - LEBANON
625 QUENTIN ROAD
LEBANON PA 17042
Early Bird Special - Paid by
(includes 5 meals, 2 tours and men’s or ladies program)
Ladies Luncheon and Choice of Craft A
> few TfaJke
Full package after January 11
(includes S meals, 2 tours and men’s or ladies program)
Ladies Luncheon and Choice of Craft A or B
Lunch and Tours
Dinner
Lunch- $15.00
Ladies Luncheon and Workshop $15.00
Ladies Craft Choice A: Welcome Lamp Shade
or
B: Dried Flower Card _
$25.00
Awards Banquet
Lunch and Tours
NAME
ADDRESS
CHAPTER
PYFA MEMBER NYEFA MEMBER
Please make checks payable to Cedar Crest Young Fanner Chapter and mail to:
Carol Kreider
1603 Prescott Road
Lebanon PA 17042
Telephone: 717-949-3278
Make Room Reservations directly with Quality Inn - Lebanon
Phone; 1-800-626-8242 Fax; 717-273-4882
Single-Double - $70.00 + tax
Wengers of Myerstown, a sup
plier of used farm tractor and
machinery parts. Glenn Wenger,
company CEO, will show his
herd of British White Park beef
cattle.
Educational workshops for
Feb. 6 include “How Genetic En
gineering Has Changed the
Human Diet,” by Rick Krajl,
Penn State University food scien
tist; “Review of Agriculture
Laws,” by Christine Kellete,
Dickinson Law School of Penn
State University (to include a
panel of farmers who have used
law school services); and “Agro
terrorism,” by Kim Zimmerman,
FBI/USDA Office of Inspectors.
Tours for Feb. 7 include:
• Weaber, Inc. This plant is
the largest hardwood manufac
turing plant on the East Coast,
January 11. 2002
'istration By Event
Tuesday. February 5.2002
$15.00
$20.00
Wednesday. February 6.2002
February 7.200:
Thursda'
$15.00
TOTAL
SPOUSE
DELEGATE ADVISOR
according to a young farmers’ re
lease. Each week, more than 200
loads of logs are brought on site
for processing. About one million
board feet of lumber are pro
cessed weekly. Weaber produces
rough and finished lumber in the
milling and molding plant.
• Wengert’s Dairy. This dairy
plant processes 250,000 gallons of
milk and 200,000 gallons of
drinks daily under the Swiss Pre
mium Label. In 2001, it under
went a $7 million expansion. The
new cooler house can store 76,000
cases of milk with nine loadout
doors. Wengert’s has maintained
an AA-milk quality rating for the
past 35 years and markets their
milk in opaque plastic containers.
• Eugene and Kathy Martin
dairy farm. This family-operated
dairy farm includes 165 acres of
cropland and a 95-cow Holstein
herd with replacements. They
also finish 319,000 broilers per
year. The farm is preserved and
has received Dairy of Distinction
honors. There are new 35 x
220-foot stall barn with mattres
ses, gravity manure system, tun
nel ventilation, a 400,000-gallon
concrete fenced manure pit, and
many other dairy innovations.
Use the sign-up form included
here.
No. of Tickets S Amount
I—s7s
or B
Total
$ 85
Total
No. of Tickets S Amount
GUEST
625 Quentin Road
Lebanon PA 17042