The Mail-Journal, Volume 14, Number 15, Milford, Kosciusko County, 4 May 1977 — Page 12

THE MAIL-JOURNAL—Wed., May 4,1977

12

Marketing guides

WEST LAFAYETTE - Declining corn prices, erratic soybean prices, but stronger hog and slaughter cattle prices are forecast by Purdue University extension agricultural economists. Here is how they view future price prospects for major Indian* agricultural commodities: Com — The com price trend for the next two months is expected to be steadily downward. Com sales at late April price levels are suggested Renewed concern about drought is one factor which could bolster com prices during the summer. Prospects for drought are currently diminished. Com exports continue to run ahead of year earlier levels, but will likely slacken during the months ahead Total exports for the marketing year are expected to be slightly below last year's record. Feed usage is down three per cent from last year More wheat is being fed. Carryover supplies of com next October are likely to be around 800 million bushels Soybeans — Soybean prices are expected to move in wide swings as the market endeavors to ration scarce supplies As of April 22. prices were strong and the indication was for even higher prices Stocks of soybeans on April 1 were 29 per cent below last year and usage, especially exports, continues at a high rate Domestic crush also increased from February to March Old Crop bean prices responded most dramatically to these influences, but new crop prices have been pulled along Abrupt and erratic price moves are expected during May and June Selling remaining stored beans and forward pricing a part of the 1977 crop at late April price levels or above should be considered. Hogs — Hog prices (seven market average, all barrows and gilts) are expected to stay in the mid S3O per hundredweight range before rising seasonally in late spring and early summer to above S4O per hundredweight Hog slaughter may continue near first quarter levels, about 15 per cent higher than a year ago Slightly smaller beef supplies In jut u »ou» hoiu»* | TRY DQUG PILCHER ’ I 1*011TO«« | INSYRACUSE I I* Steck Mt* I AAAimrvl* *OMt* » lAAtmrwU AAAAStCw*I» | ASN>ru>* AAAStAfwU I IlmriOl AAC'iHtrvU ' oow.u iimtnu | | « IMniU cotm'l I ER »"*•'« natw-ti I •.r.i'tx::: | • ittec » takttw.u (>■_■■■ »*rv >1 ■■■ I'ttw.U | l.vv !<«•»«■«> ‘ 111 t ’ »o*k**> *«<*•> *•••-• | (*>•*>«• ■ *»• f a »«••>«* (»>*•«« < » ■ OHS A ’ WW-fMWX »■»!«> I I . OW" ‘ Ok»t » . RMH (. PI 1.4 HER SHOE STORF.J (IMS St <l*4 >»l SVAACUSC INO tLM4t«4 AtkAM WA<B4*44> f

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and rising consumer incomes will generally be offset by continued increases in pork and poultry supplies and widening farmretail margins for pork. Compared to the fourth quarter of 1976. the,farm-retail margin for pork narrowed nearly 10 cents per pound during the JanuaryXJgpch period. As a result, hog prices were higher and pork prices were lower than if margins had remained constant Retail pork prices are expected to increase into the summer months as margins widen. Slaughter Cattle — Prices for slaughter cattle are expected to rise into the mid S4O per hundredweight range during the mid May — early July period. Retail beef prices, particularly ground beef, are expected to increase during the coming two months as a result of reduced slaughter of cattle combined with stronger seasonal demand. However, consumers can expect to see attractive retail specials on selected beef cuts as the cook-out season begins Milk — Milk prices are expected to be modestly above year earlier levels for the next several months as a result of the increase in the milk price support to $9 per hundredweight There will be little if any seasonal price decline from now on Milk production is expected to continue above year earlier levels into the summer months Milk production was up 2.5 per cent in March. Milk and dairy product prices to consumers will be modestly higher than last year. Eggs — Egg prices are expected to reach their seasonal low during May to average in the 47-49 cent per dozen range (Gass I Midwest > for the month. Prices will average somewhat higher in June with the increase into fall less than usual for the season Production is expected to increase relative to a year earlier for the remainder of 1977 The recent rapid increase in feed price may moderate the production increase Two cars collide in Syracuse A two-car accident occurred at the intersection of Harrison and Main Streets. Syracuse, Saturday. April 30, at 1:15 p.m. when a 1976 Ford driven by Louise I Weaver. 718 Front Street, Syracuse, collided with a 1964 Dodge driven by Johnny M Coy. r 3 box 292 Syracuse Coy was attempting to turn left at the intersection when Weaver ran into him Damage to the Weaver car was set at SBSO There was no damage listed to the Coy auto Seven pay fines in Goshen court A total of seven Syracuse drivers were fined last week in Goshen ’ Gtv Court for traffic

violations. Daniel L. Yoder, 21, r 1, paid $46 for speeding 53 miles per hour in a 35-mjle speed zone at Main Street and College Avenue, Goshen. Arlene D. Kerstein, 19, was fined $39 for making an improper turn at Main and Clinton Streets, Goshen. Paying $39 for bumper violations were James P. Glaze, 19, r 3. Kirby J. Grubbs, 17, r 4. Brett A. Clow. 18, r 2 and Cynthia I. Sprague. 18. Clow also was fined $39 for failure to stop when leaving a private driveway in the 100 block of West Madison Street. Goshen. Finally, paying for a speeding fine was Douglas W. Johnson. 35. r 2. He was fined $34 for driving 67 in a 55-zone on US 33. two miles south of Benton.

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Safe riding rules are given for bicycle riders

Spring weather brings out thousands of winter worn people, eager for the first breath of balmy air. But, it also brings out swarms of bicyclists, creating potentially dangerous traffic situations. If due caution is not excercised by both motorists and cyclists, the results can be tragic. The Chicago Motor Gub-AAA urges all drivers to watch out for bicyclists. Motorists should give bikers as much leeway as possible when passing them on the street, and always keep an eye on what they are doing. But, safety can be increased even more if the bicycle rider is

equally cautious. Here are a few safety hints for bikers: 1. Always ride on the right side of the street, close to the curb, unless there is a special bike lane for your use. 2. Always ride single file. 3. Don’t zig-zag. Ride in a straight line so motorists will know how to pass you. 4. Stop for all stop signs and red traffic lights. Be sure intersections are clear before crossing. ■ 5. When making a left or right turn, use a hand signal to indicate which way you want to go. 6. Do not race on the streets.

Keep your bike under control at all times. 7. If you carry school books, groceries, or other items, put them in your luggage carrier. It is best to keep both hands on the handlebars at all times. 8. Be sure to have proper illumination on your bike for night riding. A good headlight on the front, a red reflector or light on the rear, and reflectors on the pedals and handlebars make the best nighttime setup. 9. Remember, traffic laws apply to bicyclists as well as motorists. Everyone thinks of changing the world, but no one thinks of changing himself. —Leo Tolstoy

Syracuse man injured in Goshen accident

A Syracuse man, Robert H. Price, 69. r 4, declined medical attention for back pain suffered in a three-car collision at 3:17 Friday afternoon at Plymouth and Indiana Avenues in Goshen. He was driver of a 1967 Oldsmobile. Drivers of the other cars were David J. Henderson. 32, Elkhart, driving a 1970 Ford, and Bradley Fry, 17, Goshen, a 1971 Chevrolet. City officers investigated the mishap which totaled $1,750. Henderson reported his southbound vehicle's brakes failed as he approached Plymouth Avenue

and he swerved left colliding with the Price car which was turning north onto Indiana Avenue. Henderson's car then hit the Fry car which was stopped on Indiana Avenue headed south. No other injuries were reported. Coming together is a beginning, keeping together is progress, working together is success. If you begin by denying yourself nothing, the world later is apt to do your denying for you.