| Show STEADIER HOG MARKETS PLANNED PLA NINE 0 hog producers and packers confer with representatives senta tives of the food administration and agricultural department and adopt new plan of regulation of the rood food administration slue luc its lt dounda I 1 in n a etc with the policy dou to consult representative ulen men in ID the agricultural industry oo on uca of to special branches of the ludu stry on october 24 thre there was va convened lu in washington a meeting of the live stock Sub subcommittee committe of the agricultural advisory board anil and the members representing the ille to consider the tt lu ilif bug bog market the conference lasted for three davs daivs and dortna this time met with the executive committee of the uty packing iii feme participating in foreign orders for or buik pio duts and with tle Lu emberd of the administration direct lug foreign pork the of the vr ere as a follows follow ilie ali buthe etli ipa in so BO baagee ba aged since the september joint conference as a to necessitate an enair lu in tue the plans plan of price babl rution fixation the lh current pac talk bus bu alarmed the holders of corn and there has hai beu a price decline of from 45 leuf to 40 cents conf per bushel the th fau that the accumulations accumulation of ion pried priced co corn rd lu the argentine argentina and south vil fil em ca would upon th the advent of perla und and liberated shipping become b av aballa all ble bl to t the Cuco pau use ba tr r at aad a great deal of un oil the part of corn holders ibis outline decline has na spread fear among wine swine grown growers that a similar aillar il reduction in tb the prices price of hox hogs would naturally follow more over the ati tower lower range of ceru pric would if inc incorporated in a la IS tol te 1 ra tio obviously result in a falling price for alve hogs to in view ale of th the lounged conditions condition wine swine producers anticipated kowt howo prices aud and as a a result rushed thell hoga bogs to market in large numbers and n 1 thin ebli has ba added to and n aggravated tb the decline the tb information of the th department of indicates indicate that th the up ply of hoc bogs has ha increased about a 8 per cent while the tb highest eld tl mat caf don does not axed 15 per cent lu la creased cral production product lou over OTT last lait yo r on n the th other hand baud ibe arrival of digs during the lle last la three abr weeks week in the th seven ITO great bus bua beta been 27 per cent iron last lar year during tile period th the unusually heavy marketing of the available supply apply in the face fac of the receipts some om have not the price agreed last la month oh liu we tb ciner hand band many of f albo packer have paid over ever the tb price to them to in an endeavor to maintain the tn agreed price the ill re suit cult in any eve avent ut has beta been a fail failure U to the october price basis determined upon a at t th the septem september her cou coil terenca mod and undertaken by the pack ors ra another factor contributing to the th break tn in during the month has ha heen been the th influenza epidemic it bus ba sharply curtailed consumption IO n of boik products and temporarily de creased the labor taff staff of ta the packers pue kers bout about 25 2 pr cent the of of pork products for october corn con I 1 pared with about pounds in ad october a year ago aud the export orders by the food administration for amount to OW pounds pound a as get ed with the leser leer exports of for november 1917 rhe increased demands of tb the s are continuing and are in thero elTe proof of the net Dec density fealty SItY for the large product production lon for which the food adain admin ckel the th increase ln crea in ex port demands appears t to h be cupl sufficient to tykp up the increase in hog bug product lu liu but unfavorable mar ket conditions condl tlona existing to in october afford po do fair index of the me aggregate apply and demand it must b be evident that the th koor k mout obort hortage aze in tat fat 2 in the central empires and neutral countr los would immediately won upon peace result in ad 1 I demand to pork products prod uita which n top of the heavy to the allies would tend materially to aner 60 tt the american exports in as ai no of supplies upp llen alf of the united beate it socias afia probable chat bat the present prospective supplies would bp b to met this world demand with the return to peace go 80 far as a it 1 is pol possible bl to interpret this fact it ap pours pan that there should t even a stronger tr demand for pork product after the tb war and ther therefore eforo any als alarm rut of hog bog producers as aa to the effect of peace la is unwarranted by tb the outlook in the light of circumstances tt lc is the conclusion conc lulon of the coa conference ference that attempts attempt a to hold the price of hogi hog to the th price 0 of corn com may work out to the disadvantage of pork producers it Is 1 the conclusion that any luter interpretation pr of the formula should hould he b a broad gauged policy applied over a long period it Is 1 the opinion of the conference that ta in substitution of the evious lout plane of the he eve uv stock subcommittee toe of the kirri arl cultural advisory board together n ith the pec lally invited swine win reprints should accept tbt tb invitation of the to nod food administration to join with the th administration and the th packers in determining th tb prie at which con trolled strolled export orders order are to be placed alas will be ba regularly don done 71 the la in fluent fluence of thew thee will be directed to th of tb the common ob len ill 0 the I 1 i iceal ice of live bogs bog PO as to cur car as a far it 1 iv fall mums to tbt ala product and the th of gf an n adequate future supply tb thee eve foreign orders tire bre 41 upon the basis bal of ct cot vt of bogs to the packers packer As A the result of long negotiations between this body and the pack Pac kerro Commit committed teg representing the to 46 to 50 50 packers participating in foreign or jr ders together with tb the allied buyers all under the chairmanship of tbt tb food administration the fon following owing has been bea given by the th packers la IR of ftc the th vu we purt part of ur the food with rard to th tb o of pork products product covered la in the th at t cached it Is 1 agreed that the th packers in these tap orders order will derhake not dot to pur chae so hogs bog for leu less than the following agreed mini minimum murus fur for the month of november that to ti A dully minimum of 1750 per hundred pounds pound on average of packers packed drones droe excluding throw etim out throw outs to be defined ap an pigs under pounds stags tag bars thin own and skips alp further that no BO hogs of any kind hall be b bought except at lef leas than 1650 per hundred pounds the average of droves to be construed as f the average of the total sales in th the market of all bog for a given day all the above to be based on chicago we agree that a committee bau dball ba d by the food it to check the dally daily operations lu in the th various markets with a view to super vision llalon and demont of the carrying out of the above the ibe ability of the packers packer to iury carry out arrangement will depend OD DID there being a normal marL marketing eting of hop hog batted based upon the proportionate in creatie over oer the of lost last year the increase in production appears appe arii to be a maximum of about 15 per cent and we ran can handle uch an increase lc creage it the producers of hoga bogs should as ac y they be have in the past few weeks pro pre maturely market hogs in such In ing numbers over the above it in en beyond the ability of the ens em to maintain these and alid therefore we mum have the co opera aln of the producer himself to main tula tain ihme results it Is a phydell for the capacity of the packing houses to handle a over flood of hogs and to find fina a market markel for the output I 1 ahe he packers a are re acx tous to to operatic the producers in maintaining a of price and to see ee that producers produce ra receive a fair price for their products signed B E WILSON chairman Pa jackera Pac kera eLers committee aho plan embodied above wax adopt ed d by the conference the food administrator has ha appointed a committee comprising air me u E chairman of the pack ere era committee vr nr earett blown prex president ident of the L ax ix change majur major roy hoy of the food ad mr lir loula louis D hall of th bureau of bearl ets to undertake uj supervision of tile the execution of th plan in the tb various marl marlett mar etl colmia fltka m men are asked tu operate cooperate co Is ia tarrying out nut the plau plan embodied in packers agreement it inest ut bt be ovi vf ailt nt that offers by men ti cb tae bell 11 hops hogs below the minimum est betat ito bed above to li dot fair either to eibl producer or the participating packer mr brown has hai undertaken andert e n or ct ba bebau hau akl of the M era u la a the th states state that they will loyalty loyally cuppon the th plan it Is I 1 by the confere noo the th ehlt Is now new P plan 1911 bad as a it ls Is a basis bala will brite boter result to the tb producer than aran age ag price pric for the tb mouth month it does doe de M limit top prices price and should hould narrow the margins Dc euary to country buy bul era er in more vart abl ma merkt it li Is bel bellid lyd that the tb plan sho hould uld work oat t clou to 18 average arg dala pro product ducr rz of the country will contribute to their own inett by not flooding the th market for it must bp b P evident that if an excessive over per of hogs hog to 1 marketed tu in kajy one mull month th price stabilization and cou m trot tro cannot and it la ia aerts ill that producers prod themselves themi elvea cn can bute but materially to the efforts or of 1 conferences conference if they will do their r nn 8 p eting to la as normal a way as poss lb the ne whole situation as listing existing at prent doin demand ands a frank and assurance aura nr fron from ibe conferees con free icer esentad namely list very pod sibe effort will bo b mad maa to maintain a live hog lorle with production sot costs and reasonable tiding avlue in exec atin of the dealt ed d policy of the tha food to us u try ancy agoney in its if control to acure curt justich to the farmer abo tb methods adapted for november represent the bett beat ot of I 1 torf forts of the th conference concurred in IB by abs tbs th food blob cud and the th 1 Ily subcommittee of the agricultural advisory board bogett together 1 er with special wine swine membris and t the bee representatives of the it to improve in the present unsatisfactory bitu lation at ion which h ic h has unfortunately resulted j because of the injection of uncontrollable troll able factors e ask ack the producer to with ut us in a most moist difficult task the members of the conference were ere producers li C stuart elk garden va chairman agricultural ad leory board W M mcfadden phi rago ago ill III A sykes ida grove la ia john joh 11 evvard ames la ia J 11 mer lle stok stock commission for kanan sag s J 0 brown monon ind E C brown president chicago livestock exchanges exchange N 11 II gentry sedalla sedalia mo john grattan Broon broomfield ifield colo eu gene funk bloomington III daae I 1 lincoln aberdeen S D C W hunt logan la ia C E U yancey W R dod son eon food administration II fl eibert etbert hoover F 8 snyder major E 4 roy lloy G H row poa ell department of agriculture loule louis D hall F R marshall the packers present and others othera sharing in foreign orders ordera were represented by the elected packers committee those represented vi viere ere packers armour co chicago I 1 III cudahy Ia packing cling co chicago III morris co chicago III swift co chicago HL wilson co chicago III john agar oo co chicago III armstrong packing co dallas tex boyd dunham co chicago III brennan packing co Ch chicago calago lago III cincinnati abattoir co cincinnati 0 cleveland provisions co cleveland 0 cudahy bros co cudahy win J dold packing co buffalo N Y X dunlevy packing co pittsburg pa je J E decker sons mason city I 1 la evansville packing co evans evana alu ILI ind east side packing on co east st louis IU hammond ammond II standish Stand lah co detroit alch 0 A hormel co austin minn home packing ice co terre haute ind independent packing co chicago IU ill indianapolis abattoir co indianapolis ind international Pro provision co brooklyn N Y interstate packing co winona monr iowa packing co des olnes la in powers begg co jacksonville 9 dingan co indianapolis ind krey packing co st louis mo lake I 1 I 1 orle erie provision co cleveland 0 lay tom loo co milwaukee wl wis oscar itayem mayer as bro sedgwick and beethoven streets chicago ial J T mcmillan co cc st paul minn hart chicago nl J T morrell co ott ottumwa la nuckolls packing co pueblo colo ogden packing and provision co ogden utah ohio provision co cleveland 0 parker webb aco detroit mich pittsburg packing and PrOT provision co pittsburg pa rath packing oo co waterloo la ia roberts oaks oak Cb trago TIL robe hone bros now new york tork city W C Q routh co logans logan port lad ind st louls louis ind packing co st louis mo sinclair go co T LL codar cedar rapids la ia Tau co detroit mich theurer orton provision oo 00 cleveland 0 wilson provision co peoria int ill western packing rod and provision co chicago III charles V elff packing co 1 1 I kan W S S ll let 11 our job department stint I 1 ran too un some letterheads |
