Banner Graphic, Volume 11, Number 103, Greencastle, Putnam County, 2 January 1981 — Page 6
A6
The Putnam County Banner-Graphic, December 31,1980
Marketing seminar planned
Putnam County farmers have been invited to a Grain Marketing Management Seminar to be held Jan. 6 at the Beef House, located at the junction of 1-74 and St. Rd. 63, and sponsored by the extension services of Vermillion and Foun-
Pre-Season Chemical Sale Now through Suggested , Jen. 13,1981 In-Season Price Aatrexmne-o 10 lbs. *2.3016. *2.64 lb. [; assoEC 5 gal. *15.43 gal. *18.35 gal. ?7 8 * 5 901. *37.80 gal. *50.50 gal. Sutan 6.71 5 gal. *18.30 gal. *22.40 gal. ! rfl J I,ca 1 ,can * 6 / 7E . gal. *22.00 gal. *27.05 gal. Trefian EC (metal can) 5 gal. *25.79 gal. *30.36 gal. Senc ° r 5 lbs. *13.63 lb. *15.20 lb. Furodfln 50 lbs. 79Mb. 85Mb. MoSU h i ? r your T p,ete ,ert,,izer needs ,or s P r,n 0- Buy now and SAVE o C^° P custom app,y your and chemicals. SAVE TIME Ask about the Co-op s pre-pay fertilizer program. Hendricks County Ask tor: Form Bureau Co-op JRffflS Terry Kulenkamp GMtHCASTIf BRANCH or Jim Smith
New IH Equipment Blfl See us for the new Axial-Flow Combine tfjjfiiSS? IpHB New Allied Lines - Kewanee - Kuker-Rhino-Demco- * WB Continental - Midwest SijjJjHS^asslS '»I _____ _ _ Now In Stock j; USED TRACTORS USED COMBINES IH 4386 D 706 G IHBISD IH 844 Corn Head ‘ m 706 D with cab IH 1566 0 with cab, New Idea IH 715 Hydro. I ,H 3588 D » ir . duals Unisystem IH 1480 Axial Flow "W DISCS PLOWS MISC. HIHHB 19 ft. Forrest City Do-All -~“* 19 ft. Noble Do-All 22 ft. Graham- 1963 International Truck 25 ft. Noble Do-All Hoeme Chisel 1600 Series IH 490 24 ft Plow Case Spreader E 4 ™ 18 "- 11 Shank Landoll 1974 P,ymouth Fury 111 IH 47013 Soli Master Take Advantage of the Sept. 1,1981 Waiver Date on New and Used Combines. Russellville Implement Soles, Inc. “THE TEAM WITH THE POWER” Oenny and Sharon Strasburger, Owners Box 196 - West Railroad St. - Russellville, ind. - Phone 435-2244
Wd'pe proud to be you* new KRAUSE When it comes to investing in tillage _ example, you might chisel in the fall disc riRR RP Frankty that’s why we have become a HVHIUI ■ And best of all with more than 250 wth k 56 96 equ ! pment Krause models to choose from -we hihnp U tSk° U ca " pu [ cl j ,ase thre ® have the units best suited to farming basic tillage tools - a chisel plow, disc harrow, and a field conditions in your area. An ideal way to match tillaqe and have a year-around tillage system. For equipment to your tractor and field conditions! \ Come see for yourself. and the 1900 Tandem folded compactly for road travel. • CORY & HARRIS, INC. “Your John Deere Dealer” U.S. 231 NORTH, Greencastie I Phone (317) 653-9761 IjOHMOtf " l J j
tain counties. Sessions will begin at 9:30 a.m. and a panel of Purdue marketing specialists will lead the discussion. This program is designed to help farmers and their wives improve their understanding of grain handling
and marketing management. While reservations are not required, the host counties would like to know approximately how many will be attending. Those from this area planning to attend should call the Extension Office at 653-8411.
Extension calendar Jan. l-The Extension Office will be closed. Jan. 3-4-H members that have completed ten years in 4-H will be going to Beef ‘N’ Boards Dinner Theatre, leaving the Fairgrounds at 5:15 p.m. Arrangements have been made by Mr. Thomas. Jan. 6-“ Management Strategies” meeting will be held at 6:30 p.m. at the firehouse in Dana. A ham and bean supper will start the meeting (Dutch treat). Reservations are needed at the Putnam County Extension Office by Jan. 2. Jan. 6-A Grain Marketing Management Seminar will be held at 9:30 a.m. at the Beef House (junction 1-74 and St. Rd. 63). Reservations may be made by calling 653-8411. Jan. 7-A 7:45 a.m. breakfast will be held in conjunction with a Farm Management-type meeting in Clay County at the Cumberland Trails Inn at Brazil. Reservations needed. Market reports INDIANAPOLIS (AP) Hogs; 1,400. Barrows and gilts slow, mostly 1.00-1.50 lower; 1-2 200-240 lbs 43.00-43.50, around 100 head 43.7544.00, uneven lots 42.50-43.00; 1-3 240-260 lbs 41.00-42.00,260-275 lbs 40.00-41.00; 2-3 2 shipments around 310325 lbs 37.00-38.00, lot near 350 lbs 36.00. Sows moderately active, under 500 lbs .50-1.00 lower, over 500 lbs steady to 1.00 higher; 1-3 300-400 lbs 35.50-36.00, lot 420 lbs 37.00, few 450-500 lbs 38.00-39.50,500-650 lbs 41.00-42.25. Cattle: 700, all slaughter classes fairly active, mostly steady; slaughter steers choice 2-41,140-1,190 lbs 65.50; package choice 2 1,140 holstein 61.00; lot good 1-2 1,130 lbs 59.25; slaughter hiefers 2^lßßo-1,000 lbs 63.00-63.75; 3-4 940-1,-050 lbs 60.50-61.00; mixed good and choice 2-4 890-950 lbs 62.00-62.75; few packages good 2-3 780-1,100 lbs 57.75-60.00; slaughter cows utility and commercial 2-4 44.00-47.50; high dressing utility 2-3 48.00-50.25, individual 51.00; cutter 1-2 slaughter bulls few yield grade 1; 1,350-1,700 lbs 55.50-56.00.
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Farm Science Days Jan. 12-17
Hoosier corn growers and soybean producers will be interested in two programs to be presented during Farm Science Days, to be held Jan. 12-17 at Purdue University. Some of the challenges facing Indiana soybean growers as they lode to the decade of the 1980 s will come under discussion at the soybean program Wednesday, Jan. 14, in Stewart Center’s Fowler Hall. SOYBEAN WEED CONTROL, diseases and the nematode picture, and problem insects will receive attention prior to the mid-morning break. During the last half of the morning session, soybean replant decisions, perennial weed control, and soybean tillage-how much is too much, will come under review. The Indiana Soybean Growers Association will hold a luncheon inthe Memorial
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1980 generally a tough year for Hoosierfarmers
WEST LAFAYETTE, Ind. (AP) - Last winter’s sagging farm prices created a severe cash flow problem for many Indiana farmers at planting time, and made 1980 a tough year for Hoosier farmers, a Purdue University economist says. Farmers recovered in the last half of 1980 from early troubles caused by severe weather and supplies too large for the market, but any income gains were offset by rising production costs, according to J. William Uhrig. Between December 1979 and April 1980, prices received by farmers fell 6 percent, while prices paid by farmers for production items rose 4 percent. The situation shifted in May and June. It became apparent that potential loss of exports to the Soviet Union would be more than offset by expanded sales to other countries. And by mid July, it was obvious that heat and drought would drastically reduce the yield of some major crops. In reaction, crop prices soared sharply upward, gaining 20 percent between April and October. Feed grain prices rose almost 30 percent in the same period. Livestock prices also began to move sharply higher as meat production dropped seasonally, then fell below yearearlier levels in mid-summer.
farm
Union’s north ballroom, commencing at 11:45 a.m. The program will reconvene in Fowler Hall at 1:30 p.m. Afternoon presentations will bring information on soybean phytophthora root rot-new races and resistant varieties; new soybean varieties; soybean fertilization-a new look at some old ideas; factors limiting yield; market outlook; and making things happen through market development. CORN GROWERS will learn how the weather influenced the 1980 corn crop and what they can do to improve their yields in the years ahead at the com program Thursday, Jan. 15, in Loeb Playhouse in Stewart Center. A panel presentation on diseases, insects and troublesome weeds of corn will launch the morning program. This will be followed by a
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“The substantial increase in farm prices in 1980, however, will only about offset the declines earlier in the year, leaving average prices received by farmers for the year roughly 2 percent higher than 1979,” Uhrig said. “With the prices paid by farmers increasing 11 to 12 percent in 1980, the resulting costprice squeeze portends a significant decline in farm income for the year,” he said. Livestock and poulty producers got good returns for their products in ’979, causing them to expand production. By December 1979 the hog inventory was the largest in nine years, and producers were planning still further increases. Crop supplies also were vast, and the suspension of additional grain sales to the Soviet Union dampened earlier prospects for record grain exports. Domestic demand also weakened as the economy slipped into recession. Consumer incomes fell and unemployment rose. Fuel and energy costs for the farmer averaged about 40 percent above 1979, with all of the increase in the first two quarters, Uhrig said. Fertilizer prices rose almost a fourth, and prices for farm chemicals such as pesticides were almost 20 percent higher.
question-answer period. Then, during the remainder of the morning, the focus will be on matching a tillage system to the farm, nitrogen management considerations, and the physiological impact of the 1980 growing season. Following the Indiana Corn Growers Association luncheon in the Memorial Union, the program will reconvene in Loeb Playhouse. Afternoon topics will include the importance of commodity organizations to farmers, current grain market outlook, and cultural practices for com production in the 1980 s. Pre-registration for Farm Science Days, along with luncheon reservations, is urged. A registration blank appears on the back of each FSD program booklet. These booklets are available at most county Extension offices.
Farm goods compared to other U.S. exports
WASHINGTON (AP) - One way to look at the importance of U.S. farm exports is to put them alongside other goods that are sold to overseas buyers. The Agriculture Department examined in detail last fiscal year’s record farm exports. Those soared in value to $40.5 billion in the year that ended on Sept. 30 from about $32 billion in 1978-79. Taken as a category by themselves, exports of agricultural products exceeded imports $17.3 billion last year by nearly $23.2 billion, a record trade balance in favor of American farmers. But the United States exports other items, too, and those added up to about $169.6 billion last year. Unlike the agricultural category, however, imports of nonagricultural goods including oil soared far higher than the exports to about $220.9 billion, a trade deficit of around $51.3 billion. Making an allowance for the plus on the agricultural side of the ledger, however, the net trade deficit for 1979-80 was about $28.1 billion.
Wishing You A Happy Holiday PUTNAM COUNTY STONE CO. N.W. Corner of Jet. 231 and I-70 We will be closed New Year's Day holiday. We will reopen Friday and Saturday, Jon. 2 4 3, for your convenience.
Doster to lead meeting A “Management Strategies” meeting, focusing on current issues facing Indiana farmers, will be held Tuesday, Jan. 6 at the firehouse in Dana, Putnam Extension Director James R. Baird has announced. The session will begin with a “Dutch Treat” ($3.50 per person) ham and bean supper at 6:30 p.m. Reservations should be turned in at the local extension office by noon, Jan. 2. Leading the discussion will be Dr. Howard Doster, Purdue Ag Economist. Topics will center around production, financing, lease arrangements, farm programs, tax strategies and profit prospects. A similar farm meeting wili be held Jan. 7 at Cumberland Trails Inn, North Meridian Street, Brazil, beginning with buffet breakfast at 7:45 a.m. and sponsored by agri-business concerns in Brazil. Reser vations should be made with the Putnam Extension Office. 6538411, before noon. Jan. 6. Leading the discussion at the Brazil meeting will be Dr. Doster, and Extension Agents Paul Begeman and Stan Watts.
Farm exports are rising again this year, probably to a 12th consecutive record of about $48.5 billion, according to the department’s current estimate. Imports are expected to rise further to around $18.5 billion, leaving a 1980-81 agricultural trade balance of about S3O billion. Looking at the major overseas buyers of U.S. agricultural products, the latest report listed these countries in order of their approximate dollar value of purchases in 1979-80 (all but the Soviet Union and United Kingdom showed increases from the previous year): Japan, $5.78 billion, an increase of 13 percent from 197880; Netherlands, including transshipments to other countries. $3.52 billion. 40 percent; Mexico, $2.01 billion, 106 percent; China, $1.96 billion. 113 percent; West Germany. $1.87 billion, 33 percent; Canada, $1.83 billion. 7 percent; South Korea, $1.62 billion, 17 percent; Spain, $1.46 billion. 49 percent; Soviet Union, $1.46 billion, down 33 percent; Italy. $1.33 billion, 32 percent; Taiwan, sl.ll billion. 14 percent.