Cedar Rapids Gazette (Newspaper) - December 23, 1974, Cedar Rapids, Iowa
The Cedar Rapids Gazette: Mon
A “marker” posts price quotations on the board at the Minneapolis Grain Exchange. In addition to prices set by buyers and sellers in the pit, some markers post prices received on tickers from Chicago, Winnipeg and Kansas City.
Buyers and sellers indicate bids and asking prices with hand signals and shouts during a trading session in the pit at the Minneapolis Grain Exchange. The traders act as their own auctioneers, and when sales are made, the prices are posted on the Exchange s blackboard.
Farm Groups Join To Sponsor Elementary School Lesson Plan
CHIC ACK) — A lesson plan called “Food for America44 will be distributed to more than a million elementary students a year from now through a joint program developed by the National Future Farmers of America and the National Agriculture Marketing Assn (NAMA).
Two Cedar Rapids agribusi- la
ness executives representing NAMA. Richard Meyocks and John Megown, met with three FFA officials in Chicago last week to secure approval for the joint venture The program is expected to be implemented by the 8,000 chapters of the FFA a year from now following a testing of the program in Pennsylvan* schools next January The
Criticize Tobacco Supports
WASHINGTON (AP) - The government’s tobacco price support program comes under criticism periodically because some people think it s wrong to subsidize the crop when medical authorities link smoking with lung cancer.
More recently, suggestions have been made that tobacco farming tx* banned altogether so that growers would prod Ute food grain needed to help hungry nations One agriculture department spokesman, who asked not to be identified, says the proposal doesn't make sense to him because many of those needy countries are big tobacco producers.
He said (JSDA records show India grew l l million acres of tobacco in 1972, compared with H47.000 acres in the United States. Pakistan, another food deficit country, harvested 250.(KH) acres of tobacco.
“If they don’t (are enough about raising food instead of tobacco, why should we?** the USD A source asked.
Rice cultures date back thousands of years, but the first successful planting in this country was in the Carolinas in about 1685.
kit will include coloring books, visual aids. and “see and feel" suggestions to be utilized by junior and senior FFA students.
The Iowa NAMA chapter devised the lesson plan concept for fourth grade students last March in conjunction with Iowa Agriculture Day. The Iowa observance will Im1 expanded nationwide next year, and details of the FFA NAMA venture are expected to Ik* announced in conjunction with National Agriculture Day March 24
Meyocks is national chairman of ag day, and Megown is chairman of the Iowa Ag Promotion Board.
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All Target stores closed Christmas Day. Have a very merry holiday'
memeummmemtmmmmmmmmemmmmmmmmmeeeememmmmmemmmmmmmammuummmsmmmemmmemmmmmmmmeemLargest Cash Grain Market at Minneapolis
MINN FA POLIS, Minn. (AP) - The Minneapolis Grain Kxchange, largest cash grain market in the world, js the principal market for spring wheat, oats, durum wheat and barley
Founded in ISKI, the exchange trades up to 5.5 million bushels each day, including an average of 550 to HOO railroad cars of grain that are paid for, delivered and unloaded the same day.
The Minneapolis Kxchange traded $421 million in commodities during the month of September.
Its 420 members are millers, exporters and grain merchandisers who pay as much as $1,600 per seat plus $450 in dues and assessments each year
Grain futures are bought and sold as paper transactions with the purchaser putting up earnest money at the time of the sale.
( ash grain transactions are spot purchases with a buyer paying immediately for grain in railroad cars that may be in switching yards in Minneapolis or Fargo, N I)., or Aberdeen.
S. I) The buyer designates the elevator where the grain is to be unloaded.
A buyer takes a break from trading during a slow
session in the pit.
Machinery Shortage Looms
Laying Hens Up Production
WASHINGTON (AP) - The average hen is laying a fraction of an egg more than she did a year ago, but total egg production still is declining because fewer birds are on the job. says the agriculture department.
The department says there were an estimated 292 million laying hens on farms as of Dec. I, down 5 percent from a year earlier. Their rate of lay, however, averaged 62.8 eggs per UK) birds against 62 (I on Dix' I, 1973
The department’s Crop Reporting Board said output was 5.266 million eggs during all of November, 3 percent fewer than in the same month last year.
Four seniors in the Drake university school of lournalism interviewed numerous state officials, farmers and other agriculture experts about the problems facing Iowa farmers today. This is the second of their reports.
By Pat Steffen »
DES MOINES - The cost of operating an Iowa farm took a big jump this year when the prices of farm machinery and buildings increased from 15 to 33 percent over the last year.
Rising prices have accompanied shortages in the farm equipment field John Deere, Massey Ferguson, International Harvester and Ford are just a few of the manufacturers surveyed who find themselves with backlogged orders and diminished inventories.
John Deere Des Moines Works is no longer building an inventory, a spokesman said. It is manufacturing on order from the dealers and som-times the orders take up to one year to fill.
Producing VI arr
William Taylor, director of product information, said the Des Moines plant is producing about 34 percent more machines than last year, but is still behind in filling orders. He attributed part of this to the fact that some dealers have more money to spend now and can stink more machinery
Taylor added, “The farmers are making money and when they make money they buy. This has been a good buying year for the farmers. They buy in the year they make money so the demand for machinery changes radically some years.”
Last year the farmer paid $20,691 for tractor 75-20, 175 horsepower. This year the farmer paid $26,952 for the same model, an increase of about 29 percent.
Most implement dealers and major equipment manufacturers report the demand is for the larger tractors and
combines Demand for parts also is high.
Although demand for smaller tractors is not as great, they also have risen in price over last year. The Deere cotton picker sold for $30,628 last year and is selling for $37,500 now; the Deere beet harvester sold for $12,076 last year and now sells for $14,793.
The reasons for backlogging include the shortage and high price of stt*el, increased freight costs and short supply of breakers and rubber for parts.
Eugene Barnes, public relations manager for farm merchandising at Massey Ferguson, said there is equipment available but not always with the particular features desired by farmers It is when they order custom features that backlogging occurs. Massey also reports the greatest demand is for larger tractors
The home plant for Massey Ferguson is Detroit. The Des Moines plant makes implements and garden tractors. The Massey dealers are on a straight allocation program based on sales from the previous year
Jerry Bold. Des Moines International Harvester manager. said the availability of equipment and parts is critical When machinery conies from the home plant in Scarborough. III., it is either sold immediately or has been sold for up to 12 months prior to delivery , he said
International Harvester is another manufacturer without an inventory, Hold said “The demand is much higher than the supply,” he added.
Allis Chalmers’ regional manager, Al Walsh, reported there are still some 1973 orders that haven't been filled.
“We are just not able to meet the demand.’* Walsh said.
The Milwaukee plant makes the large tractors and the In-
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dependence, Mo., plant makes the combines. Walsh said both are liehind Special orders from either plant have a 90-day minimum wait.
Ford tractor implement dealers are experiencing the shortage also. Des Moines Ford tractor managers report they are five to seven months behind in filling orders.
Other farm equipment dealers are not backlogged as are The implement dealers, according to the Des Moines Binco manager. Binco Co., Inc., distributor of drying and storage bins, has been able to meet the needs of the farmer.
Binco's home plant is in Kansas City. Officials reported that in the past nine months, prices have risen 22 percent on drying and storage bins. The company attributed the increase to the rising cost of galvanized aluminum.
The rise in price of buildings has also added to this year’s cost problems. Once again, the farmers have bought this year but have been forced to pay more for the livestock shelters and machine sheds.
Harry Hensley, plant manager for Morton Builders of Spencer, said the cost of constructing a building has risen about 15 percent over last year. He attributed the increase to price hikes in the steel and lumber industries.
Hensley said 90 percent of Morton’s business is with farmers. He foresees no leveling off of prices in the next year, which means continued rising costs for the farmer in this aspect of his operation
Hensley said Morton is usually able to meet the needs of the farmer, although occa
sionally there might be a waiting period of up to nine months for parts and services.
Next: Seed Costs and availability.
(Distributed by the lowo Daily Press Association)
Sollien Holstein Cow Tops Winneshiek Test
DECORAH — A registered Holstein cow in the herd of Everett Sollien. Mabel, Minn , produced the most butterfat during the past 305-day production period of any cow ever enrolled in the dairy testing program in Winneshiek county
The production record was 24,390 pounds of milk and I,-065 pounds of butterfat.
During this 305-day production period the cow produced approximately 725 (Founds of protein, which is equivalent to the protein produced in the trimmed edible cuts of 12 steers weighing I,* 200 pounds or 42 market hogs weighing 200 pounds apiece. This 725 pounds of protein is enough to meet the protein needs of an adult male for approximately 15 years.
Cows producing more than SIN) pounds of butterfat included two in the Sollien herd. 813 and 806; while several cows produced between 700 and 800 pounds of butterfat including one in the Harold Stoen herd, Spring Grove, Minn., 890; Quass Brothers. Ossian, 708; Earl A meson. Highlandville, 750; Ernest and Jerry Johnson, Decorah, 730; Wayne Lei* dahl, Decorah, 754; Lyle Westby. Decorah, 786; *Albm Massman. Ossian, 735; and (’Ictus Meyer, Waucoma, 786 and 702.
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Edgewood Rd. Store Open on Christmas Day from IO a.m. ta 1:00 p.m.
• All Steres Close Christmas tee et 6 p.m.
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• 5411 Center Pf Rd. MW
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• 3219 MI. Vernon Rd. SE •Phone 365-3206