Banner Graphic, Volume 18, Number 197, Greencastle, Putnam County, 27 April 1988 — Page 7

Market reports INDIANAPOLIS (AP) Hogs 600. Barrows and gilts 25 cents to 50 cents higher. US 1-3 .220-255 lbs 44.00-44.25. US 2-3 ’.250-260 lbs 42.50-43.50, 265<2BO lbs 41.50-42.00. US 3-4 *3OO-350 lbs 38.25-39.50. Sows: Under 550 lbs steady, over 600 lbs 1.00-2.00 higher. JUS 1-3 345-525 lbs 35.50-36.00, 550 lbs 37.50, 640-730 lbs '40.00. Cattle: 700. Slaughter steers 25 cents to 50 cents lower. Slaughter heifers steady to weak. Slaughter cows 50 cents to 1.00 lower. Slaughter bulls steady. Slaughter steers: Choice 2-4 1050-1395 lbs 71.25-73.00. Few high dressing 73.25. Mixed select and choice 2-3 mostly choice 68.50-70.25. Holsteins choice 2-3 1225-1515 lbs 68.0070.00. Slaughter heifers: Choice 24 950-1135 lbs 69.50-72.25. High dressing 72.75, 865-916 lbs 58.50-7025. Heiferettes: standard and select 2-3 11901330 lbs 57.75-59.00. Slaughter cows: Utility and commercial 2-4 47.50-52.50. High dressing 52.75-55.50. Low dressing 45.00-46.75. Cutter 1-2 45.50Slaughter bulls: Yield grade .1 1240-1845 lbs 63.00-67.00. Yield grade 1-2 975-1475 lbs 61.50INDIANAPOLIS (AP) - ndiana direct hog market at 70 yards and markets Tuesday. Barrows and gilts steady to 50 cents higher, demand good. US 1-2 210-250 lbs 42.50-43.50, plant delivered to 44.00. US 1-3 210260 lbs 42.00-42.75. Sows: Steady. US 1-3 300500 lbs 32.00-34.00, 500-650 lbs 33.00-36.00. INDIANAPOLIS (AP) Estimated prices Monday at Indianapolis area elevators: Corn No. 2 yellow: 1.811.95, new 1.88-2.05; January 2.03-2.18. Soybeans No. 1 yellow: 6.456.52, new 6.50-6.66; January 6.61-6.79. Wheat No. 2 soft red: 2.892.99. LOUISVILLE, Ky. (AP) Estimated receipts cattle and calves-2,000. Slaughter cows steady. Slaughter bulls steady to weak. Slaughter calves steady. Vealers untested early. Feeder steers and heifers opening steady to instances 1.00 higher. . Hogs: 500. Compared to ‘Monday’s close barrows and gilts .50 higher. US 1-3 220-250 lbs. 43.50-44.00; US 2-3 255260 lbs. 42.50-43.00; US 4 275280 lbs. 40.00-41.50; a few 280310 lbs. 38-75-39.25. Sows steady to .50 higher US 1-3 300-500 lbs. 34.00-36.50; 550-620 lbs. 36.80-38.70. Boars over 300 lbs. 34.50-35.00.

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First-place winners in the recent Putnam County Ag Day farm management game, Wayion Walton and Mark Timm, receive their awards from John O’Hair (left) and Ken Carrington (right), representing respectively, First Citizens Bank and Farm Credit Services. Those institutions sponsored the awards along with Greencastle Federal Savings Bank, Central National Bank, First National Bank of Cloverdale

Optimism firmly planted in Indiana farmers’ minds now

WEST LAFAYETTE (AP) There’s a whole lot of good feeling down on the farm as Indiana’s spring planting season begins, and that in itself marks a dramatic change from the gloomy forecasts of the not-so-distant past. The hog industry is coming off two outstanding years and com had a record crop last year. There’s bright forecasts this year for soybeans and beef. Those four products make up a 75 percent share of Indiana agriculture and they add up to another year of recovery for Hoosier farmers. “THE FEELING IS much better than it was a year ago,” Harry L. Pearson, president of the Indiana Farm Bureau, said. “The farmers have been able to pay some bills.” Even the doomsayers have taken up whistling a more upbeat tune while they till the fields. One of them is Susan Bright, a rural Centerville farm wife who runs the Rural Crisis Hotline, a referral service for farmers in financial straits. She compares the upward turn to a disease that’s finally under control. “Things are looking a little bit better for quite a while. I hope the real positive notes are correct,” said Mrs. Bright. The positive notes include a good forecast from the state’s agriculture bankers and expanding markets overseas. They also include the dollar bills hog farmers have been stuffing in their wallets after two years of prosperity that saw the price of pork hit $65 a

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and Tri-County Bank. Walton (second from left) and Timm won out over 43 participants from the four county schools. A North Putnam team of Rod Lasley, Greg Asher and Colby Strasburger was second, with South Putnam’s Artie Dwiggins third. Larry Bottorff is FFA adviser at SPHS, while Andy Maier is North Putnam vo-ag adviser (Banner-Graphic photo by Gary Goodman).

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hundredweight two years ago and stay in the ssos last year. THIS YEAR, WHEN pork prices are forecast to average around $45, producers will be “trying to figure out how to spend all their money,” said Chris Hurt, an agricultural economist al Purdue University. I That means paying off some of their debt load, upgrading their operations and perhaps investing in breeding stock. But they’re not exactly going hog wild when it comes to spending, said Mark Sigler, a commodity assistant at the Farm Bureau. “You haven’t seen the type of expansion you’d expect from the high hog prices we’ve seen the last two years,” Sigler said. After a decade of losses, Hoosier cattlemen may be ready to start making money off beef again, said Hurt. Demand has been dropping since 1975, but inventory also has dropped for six successive years. SLAUGHTER STEERS al-

ready arc selling in the low to middle s7os per hundredweight. “Finally, we’ve gotten down so low producers will be able to move • it through the marketplace at a profitable level,” Hurt said. FIVE YEARS AGO, a quarter and perhaps even a third of all Indiana farmers were in bad financial shape, but now that fraction may have dropped as low a tenth, said William D. Dobson, head of the agricultural economics department at Purdue. Farm foreclosures are down to less than 1 percent, and the bankers feel they’ve got the credit situation under control, Dobson said. A recent Purdue survey of 47 agricultural banks showed 83 percent felt loan repayments were better than a year ago, more than twice the figure (40 percent) for 1987. “I’m optimistic, but I’m moving ahead very cautiously,” said Randy Kron, who farms 900 acres of corn and soybeans north nf Evansville.

Slimmed-down pork products looking for fatter market portion

WEST LAFAYETTE (AP) That fat hog that’s come under scorn by dieticians may soon be slimming down in revolutionary fashion and challenging chicken and turkey for a larger portion of America’s dinner plate. A report released April 5 by the National Research Council recommended that farmers take some of the fat out of their animals, and at Purdue University research underway for several years may help breeders accomplish that goal. “It will make pork more competitive with poultry,” said Robert L. Thompson, Dean of Agriculture at Purdue. “It shows you don’t have to take red meat out of the diet. The consumer simply doesn’t want all that fat out there.” FOLLOWING ITS 2 1 / 2 -year study of the national food supply, the research council released a report that not only said Americans should reduce the fat, cholesterol and saturated fatty acids in their diets, but that the producer can help them do it by raising leaner animals. The government, in turn, should revise meat-grading policies to educate the consumer. Injections of growth hormones are one way to trim a pig, but another, more convenient way to raise a trimmer hog is to get compounds that promote lean growth into the feed supply. A pair of Purdue animal science professors, Scott Mills and Mac Orcutt, have been testing one such compound called a beta ademergic agonist and how it may affect cells in the animal. Mills said the compound may hold more potential for trimming fat from beef and lamb,

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April 27,1988 THE BANNERGRAPHIC

but there’s greater urgency with pork. ‘“RIGHT NOW, genetically, we have a rather fat critter. That is where the most good is going to come,” Mills said. The research began with the notion that in the early stages of lactation, a female does not deposit body fat The goal is to simulate those conditions in pork so that it produces muscle protein and eliminates fat. “I think we’re going to see much more dramatic data in the next year or so. I think we’re going to see fat cut as much as 50 percent,” Mills said. Part of that may be an illusion to the consumer, though. “REALISTICALLY, the butcher can do the same thing we’re doing. He just trims it off and throws it away,” he added. The real benefits will come through more efficient use of feed and in turning consumer attitudes around. “It’s going to save a lot on cost of production. We can lower the cost of pork, and that will be a big boost... even if it’s no more than a public perception of what we’re doing,” Mills said. He added, “A lot of the negativity associated with meat is hype.” The epinephrine-like compounds will pass through the animal rapidly, Orcutt said, and a couple days of “withdrawal” before it is shipped for slaughter may be all that’s needed to clear them from the body. THE COMPOUNDS may be ready for government approval in two years, Orcutt added.

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