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Show I 4 THE LEADER-TH- E GARLAND TIMES, February 14, 1974, Page 3B Local Beef Growers Heer Report On Sugar Ac? Negotiation Approximately 85 local grow, from the Korthern llah Area met Friday in their annual beet growers meeting, sponsor-e- d by the lUh-IdaSugar Company. Hosting the affair er ho ere .orman Carver, district manager, and Gary Sorensen. agriculture superintendent for the Itah District of Uah-Uaho Sugar Company. Special guest at the meeting as Paul Holmgren. Bear River City. Utah, president of the National Growers Sugarbeet Federation, who spoke about his recent experiences in Washington. D. C where representatives of every phase of the U. S. sugar industry have been meeting to work out the details relating to the renewal of the U.S. Sugar Act which expires in December. The U.S. Dept. of Agriculture and the administration are advocating discontinuance of the act and the removal of all restrictions and import quotas. Holmgren maintained however. iLandbanCi George a sen. Set Tuesday P. Bloxham. presid- five-sta- The Berkeley Land Bank makes long term farm loans to farmers and ranchers In Arizona, California, Hawaii, Nevada, and Utah through 34 local Land Bank associations. The system acquires its lending funds through the sale of bonds to the investing public. Mr. Bloxham said, "The record $240,367,105 of new money loaned is a 60 percent increase over 1972 and refects the rising demand for long term capital required by farmers and ranchers in theirefforts to produce sufficient quantities of farm products to satisfy world needs and to improve the balance of payments and to fight Inflation. As a result, the Berkeley Land Bank's total outstanding has risen to over $912 million with a total of 17,333 loans as of December 31, 1973." In his sum.mry. Mr. Blox sugar market. Prices for sugar, he said, have been closely controlled both by the sugar act and by the Cost of Living Council. There has been very little change in the domestic sugar market until last September when Phase IV of the Economic Stabilization Act went into ef- This released some of the controls on sugar prices, and since the jrld sugar market was already in a tight supply situation, the domestic price has shot upward rapidly. "The basis price for refined sugar in early September was $12.05," Peterson said, "On September 10th. the price advanced to $13.02; by the end of the year it had risen to $13.80; and by the end of January Has up to $15.90; and just four days later it rose another 90 cents." He went on to describe the world sugar market which he said has now risen to more than $18.50 a hundred for raw sugar. The reason, he explained, is simply one of supply and demand. For fect. five out of the last six years, world production of sugar has fallen behind world consump- tion. 'Nobody knows where the prices will go," Peterson exclaimed; "but even at the present market conditions the resulting value of sugarbeets makes them very competitive with almost any other crop. If conditions continue, these sugarbeets might well be worth $30.00 per ton." Other topics relating to sugarbeet culture were discussed by company personnel and guests from Llah State These included: Far-r- e 1 Francom. research agron- ham noted, "The Land Bank made 2. 61 5 loans during the year 27 percent more than 1972, " and added that "the total dollars loaned were alrmst as much as the two previous years combined." t I'll I Field-ma- n ion of sugarbeets. (J Dob Adams discussed ways and means of obtaining an op- agronimie research for discussed insect control and showed slides of the most com-minsects involved in sugar-be- et I Fieldman culture. U Burton Webb, gave an evaluation of the secondary but important crop of sugarbeet tops. At current prices for feed and fertilizer, he said, sugarbeet tops can add considerably to the total returns from subartoeets from $20 to $30 per acre when plowed down as fertilizer, to as high as $240 per acre when converted to silage and fed to beef cattle. M timum stand of sugarbeets. Fieldman Reed Balls spoke of lavor-savithe time-saviand economic advantages of mechanical and electronic thinning ng, of sugarbeets. ng Dr. James Ev- ans, research agronomist. Itah State IMversity. discussed the most recent research on weed control w ith visual charts showing the effects of various chemical herbicides on the most commwi weeds in this area. Ronald C. Johnson, manager of Uii-vers- lty. omist V QUALITY Control; speaking Dr. D. W. Jam?s, professor of soils, Itah State IWversity, with research and findings in the measurement and determ'nation of proper levels of nitrogen and phosphorus fertilizers for the most efficient and profitable product SILVEI CO-O- P SILVER t I Sugar Company, on Nematode obi commao'ty on unnobl Out to op eW- - yoo o.,ngt on .999 pu, i,i.r 10 ot-- to lOOot. Sot and I Cl. Mdo!iiOt US PROVIDE THE in ate Latest Information on wheat and feed grains will be given at a grain conference in the Utah State University Center, Tuesday, February 19, according to Earl G. Fuhriman, Tremonton president, Utah Grain Growers Association. The conference begins at 10 a.m. with Dr. Wade G. Dewey and Dr. Rulon S. Albrechtsen, professors of plant science, USU, explaining new Grain varieties of wheat and spring grains. be P. will Gordon discussed by marketing Cragun Man-H- i ent of the Federal Land Bank of Berkeley, reported in a year-e- nd summary that the Land B ink loined over $240 million to farmers and ranchers in its te area during 1973, marking the first time in the history of the Berkeley Bank that it surpassed the $200 million mark in a single year. I feel confident that the act will be renewed. ki what what was probably the highlight of the meeting. Gene Peterson, general agriculture superintendent for the sugar company, discussed the current economics of sugarbeet charted production. Using figures and graphs of the most recent market quotations of both raw and refined sugar and comparing them to the past Mr. Peterson described what he called a "frantic situation" in the Grain Convene 2 PaGGGG MnOlioGi that the sugar act has worted very well for die growers, the consumers and the entire country for the past forty years. And although it is a very complicated piece of legislation, it is probably one of the most successful from an economic standpoint of all agricultural legislation. "We are taking a hard look at the Act," Holmgren said. We know it has shortcomings but it has always served us well and can still do it. In spite of the opposition "SILVER LINING" 1 Troy oz. for your family's future $1.00 above Spot Qualltw Stlwar Ca-w- w 43739th M., Oflden, Utah Call 394-770- 4 of General Mills, Ogden. Weather modification will be explained by Joel E. Fletcher of the Utah Water Research Laboratory. Snow removal, snow mold control and the role of tillage will be discussed by Rex F. Nielsen, associate professor of soil science and biometeorology. Louis A. Jensen will give pointers on controlling costly weeds in grain. the coming year. Mr. Bloxham said, "1974 promises to be an extremely interesting and challenging year for our Bank. We expect to continue to serve Western agriculture with sound credit as we have done this past year and predict that ouroutstanding loan voIuith will surpass one billion dollars by July." In looking toward Before returning home Thurs-- a day they visited In KaysvUle with two daughters, Mrs. Mel Ward and Mrs. Bengt Jonsson. Tremonton-Garlan- d The Feb. 4, where they attended a Bridge club mot at the home of The Tremonton -- Garland LitMrs. Perce Watkins Wednesday erary Club met at the home of bridal shower for their daughter-in-law, Mrs. Susan Eldred-g- e evening. They spent the evenFrancessa Summers WednesAnderson.. It was held at ing playing cards and visiting. day night Mrs. Sophie Taylor gave a very Interesting book the home of a teacher Mrs. Refreshments were served by Mrs. Watkins. " Ilse Wightman. review on "The Greatest SalesMr. man In The World," by Og and Mrs. Douglas i Mandino. A story of the Holy Coombs was In Salt for the Land which was. enjoyed by Young Home makers Convent1 ion held at the Ramada Inn in I I fourteen members. LOVE YOU Mrs. Vergie Anderson and Salt Lake. I I Mr. and Mrs. Henry Brown daughters, Pamela and Verg-ale- e, DIANNA I Journeyed to Salt Lake journeyed to Eden Wednesday to visit Mrs. Kathrvn Stallings. Garland Glimpses i" Carlson Glass it Paint & PREMIUM WALL FINISHES AND ENAMELS UASHINGTON Couldn't Tell A LielH Neither tan we... Knew are Our prices three principals Long & Short Sleeves CHOPPED DOWN. 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