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Show June 1974 Utah Farm Bureau News Page 5 Insurance companies hire , promote to serve better Vem Sisam bans packers from owning custom feedlots USDA Dual ownership of meat packers and custom feedlots has been ban- ned by a new regulation which will become effective on July 1, 1974. The U.S. Department of Agriculture announced that the regulation has been issued under the Packers and Stockyards Act. It contains specific language to make clear that meat packers may not own, operate or control custom feedlots, and that custom feedlot owners may not own, operate or control meat packing firms. . A custom feedlot, as defined in the regulation, is any facility which is used for the purpose of feeding livestock for the accounts of others, excluding feeding which is incidental to the sale or transfer of livestock. Packers would not be prohibited from feeding their own livestock for their own slaughter needs. New language has also been added to the original proposal to make it clear that the regulation is not intended to prevent a packer from hiring the services of a custom feedlot to fatten its own livestock for its own slaughter needs. USDA's Packers and Stockyards Administration (P&SA) said it hopes to achieve compliance with the regulation on an informal basis. Adoption of the regulations fol lowed public hearings in Des Moines, Iowa, and Phoenix, Arizona. Farm organizations (including Farm Bureau). educators, State Departments of Agriculture, state legislators, members of Congress, individual farmers and feeders, conglomerates, meat packers, and custom feedlot operators testified. Much of the testimony cited dramatic changes in the marketing system for fat cattle during the past 10 years as a prime reason for adoption of the regulation separating ownership of packers and custom feedlots. These changes have resulted in feedlots becoming the principal market centers for slaughter cattle, rather than the public markets of earlier years. P&SA officials said dual ownership presents obvious situations, and could tend to restrain and create competition monopolistic conditions if not prohibited. The new regulation is consistent with AFBF policy which reads: We support strict enforcement of Packers and Stockyards regulations which prohibit meat packers from custom feeding fat animals in yards which they control, and from selling any beef animals that are fed by a packer in his own yards or other yards to any other packer. Record growth in the Utah Farm Bureau Insurance Company and its sister corporation, Country Mutual Life, has brought about staff changes and additions to handle the increased workload efficiently, M. E. Carroll, executive vice president, has announced. Vern Sisam, formerly processing manager of Farm Bureau Insurance services, has been promoted to the newly created position of director of accounting and finance. Robert Schaaf has been employed as director of processing in a move to divide and thus speed up the handling of new policy applications and renewals, Carroll explained. Sisam has been with the Utah Farm Bureau companies since 1966. He was promoted from accountant to accounting manager and then named processing manager in 1972. In March. 1973, he was also appointed assistant treasurer for the two companies. He received his education in Salt Lake City, attending Stevens Henager Business College and the University of Utah. He, his wife, the former Janice Head and their two children live in Granger. Schaaf came with the Farm Bureau insurance companies afier 22 years as branch manager in Salt Lake City for Arnica Mutual Insurance Company. He joined them in 1952 after being conflict-of-intere- st per cent of the total U.S. need of 1,600,000 tons annually. The shortage is anticipated to last from six months to 18 months and perhaps longer. The Secretary cited a number of causes for the tight phosphorus situation: Demand for phosphorus has increased five-fol-d in the past 25 years, and production of late has not been able to keep up. Some of the phosphoric acid normally used to produce feed phosphates has been diverted to fertilizer production recently. Imports of Curacao phosphate rock have been cut in half because of more profitable markets in other countries. And recent reductions in fish meal imports are the equivalent of 60,000 tons of dicalcium phosphate. Shortages bf gas, oil, electricity, rail cars, and other transportation have also affected production. with a Bachelor of Science degree in marketing and a short period as statistical analyst He is a member of the Salt Lake City Chamber of Commerce, serving on their aviation and civic improvement committees. Two years of g growth in our insurance companies has built our workload to the point where this expansion was vital to continued good service to our policyholders and new clients, Carroll said. Were looking forward to the completion next year of the Farm Bureau agricultural and financial center in Murray to permit expansion in light of our continued growth, he added. The-$million Farm Bureau strucis ture being built at the 5300 South exit from in Murray to house the Utah Farm Bureau Federation largest general farm organization in the state, the insurance companies, and other affiliated companies. Several changes in title for other management personnel have been .made recently to standardize job titles, Carroll pointed out. Lowell Walker is now director of underwriting, Utah Farm Bureau Insurance Company; William Shelton is director of underwriting, Country Mutual Life; and Rulon Carnahan is director of claims. record-breakin- 1 1-- 15 Minerals in ORGANIC form are back! Organic minerals represent a dimension of nutrition that is badly needed in many livestock rations. Every pound of M-- F 500 contains the same amount of organic minerals metal protei nates of magnesium, iron, zinc, copper, manganese and cobalt plus iodine that is found in 500 pounds of cow's milk. And you can for less than feed your livestock this ration-build$1.00 per ton of total feed by adding the recommended one pound of M-- F 500 per ton of feed. er Send a check or money order for $49.50 with the drum of Key Minerals coupon below and a M-- F 500 will be promptly shipped to you prepaid, anywhere in the Western U.S., by motor freight. Cattlemen can ease the phosphorus shortage: Butz Secretary of Agriculture Earl L. Butz has reported that current shortage of phosphorus supplements used in livestock and poultry feed could be eased considerably if the livestock and feed industry would reduce phosphorus use to levels recommended by the National Research Council. We are confident that feeding of phosphates can be reduced to levels no higher than the current recommendations of the National Research Council of the National Acaaddemy of Sciences without any verse affect on the animals, said Secretary Butz. Further, we think this level of usage would go a long curway toward balancing out the rent shortage of phosphorus. The current shortage, the Secretary emphasized, amounts to an estimated 300,000 tons of dicalcium 20 phosphate equivalent, or about graduated from the University of Utah 50-pou- nd Metal proteinates are approved in its Official Publication, and defined by the Association paragraph 57.23. CXEV of American Feed Control Officials E10CHMS . P. O. BOX 2364 SALT LAKE CITY, UTAH D D D D D D D D D D D D D TO: Key Minerals 84110 Corporation P.O. Box 2364 Salt Lake City, Utah 84110 Enclosed Is my check or money order for $49.50. ship me a trial ment. 50-pou- nd drum of your NAME ADDRESS CITY STATE M-- F Please 500 feed supple- D D D D D D D D D D D D D |