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Show THE MID VALE (Utah) SENTINEL Page Seven which spontaneously tends to bring production and distribution together when they get out of proper relationship. On the status of government farm programs as a device for Friday, July 17, 1953 Record Grain Supplies Make Storage Pay With latest estimates of total wheat supplies at the end of harvest boosted to about 1,700,000,000 bushels and total corn supplies up-e- d to about 3,800.000,000 bushels, the good business advantages of storage are spotlighted, State Production and Marketing Administration Chairman J. Vera Hopkin said today. The large supplies indicated by this month's Department of Agriculture crop report emphasize the seed for adequate storage for farm crops. With storage facilities available, farmers are in a position to spread out their marketing and take advantage of any price increases later in the year. According to the chairman, increases in prices for grain crops etored and sold later in the year, as contrasted with sales at harvest time, have run from 25 to 50 cents a bushel in recent years. Satisfactory bins, he explains, can be built or bought at costs ranging from about 35 to 50 cents per bushel of capacity. Furthermore, farmers can borrow up to 80 per cent of the cost of the structures with 4 years to pay at 4 per cent interest He suggests that farmers consult their banker or PMA office regarding storage facility loans. On-Far- on-far- CCC Reports Inventories Nearly 357 million bushels of wheat, 273 million bushels of corn, 2 million bales of cotton and a little more than 205 million pounds of tobacco were under Commodity Credit Corporation price support loans on April 30, 1953, the U. S. Department of Agriculture reports. The loans outstanding on these and other crops totaled $1,909,361,-67- 8 with wheat, corn, cotton and tobacco accounting for all but $173,788,379 of the total. Wheat loans amounted to $779,881,629, cotton corn loans $425,829,458, $306,561,422 and tobacco $223,300, 790. "Other loans" included $57,. 924,054 on wool. Commodities in CCC inventory on April 30 included corn, wheat, cotton, cottonseed oil, cotton lint-ercottonseed meal, butter, linseed oil, field seeds, dried milk, cheese, dry edible beans, peanuts, gum rosin, wool, oats, barley, soybeans, grain sorghums, rice, rye, tobacco, gum turpentine, olive oil and honey. The cost of these commodities totaled $1,226,231,873 of which corn accounted for approximately $409 milion, wheat $314 million, cottonseed oil $115 million, butter $86 million, and linseed oil $55 million. Losses in price support operations for the past ten months of the current fiscal year totaled Losses for the fiscal year ending June 30, 1952 totaled $67,- s, ment insures a continued strong Drought Conference Held in Washington demand for beef. Farmers with Problems resulting from acute pasture and feed should be slow to drought in the Southwest and re- sell good cows and other cattle cord high June temperatures in wider areas were discussed at a that would normally came to' marconference of representatives of ket at later dates. Consumers want bringing this relationship closer, the livestock industry, the farm he said: "Even though present credit field, and the retail food farm programs have not yet dem- industry, called recently by Seconstrated their ability adequately retary of Agriculture Ezra Taft to relate supply and demand for Benson. farm products, they do, however, The drought made its appear provide a good foundation on ance over 3 years ago, and is now which to build for the future. The seriously affecting rangeland and job is now to move forward from pastures, particularly in parts of where we are and build the effecTexas, Oklahoma, Kansas, Colora tive kind of farm programs we do, and adjoining States. It has really need. We now have a tre- produced an acute situation espec- mendous wealth of experience to ially for lovestock farmers and draw on experience that was not ranchers. . available in the early thirties." In announcing the conference, Secretary Benson said that there rSANDY CITY BANK CCC Wheat Sales Halted is general agreement that emerSandy, Utah Except in N. W. gency measures should be fully MIDVALE BRANCH Production and Marketing Com considered. He added that "The Midvale, Utah Member FOIC modity unices nave Deen instruct-- Nation is well stocked with feedj ed to discontinue domestic or ex- reserves, and record-higemploy port sales of storable wheat from Commodity Credit Corporation stocks until further notice, the U.S. Department of Agriculture has announced. Sales will continue from rrA m North Pacific ports as needed to meet current export requirements until new crop commercial wheat is available. MACARONI The action was taken in view of the great increase in regular comAND mercial supplies of wheat resulting from the 1953 wheat harvest now CHEESE under way. PMA Commodity Offices still have authority to exchange wheat of a Both in the one given quality or location for wheat of a different quality or location, TENDER MACARONI AND KRAFT GRATED or to dispose of wheat that has deFOR FINE CHEESE FLAVOR teriorated or is otherwise beef in large supplies and depend- from the entire drought area. able markets are ahead." Local conferences are also being Phone, mail or bring your news held by the Secretary in north items to The Sentinel Anything of west Texas with representatives local interest will be appreciated. PERCIVAL JONES AM" by Danny If II I (&9SZEE j 1 JUMrSt i i j s package I tiiMiiv runiMi f J "I heard that you might paint your house today and just wanted tolet you know that the MIDVALE FLOOR COVERINGS ic the place to get your paint." PAINT - PAPER - GLAMORENE KENWAX - KEN CLEANER GOLD SEAL and QUACKER RUGS - 9x12 YD. GOODS ALL TYPES OF FLOOR COVERINGS 9x12 RUGS - CARPETS - ALL TYPES OF INLAID OUR FRIENDLY SERVICE WILL FLOOR YOU Midvale Floor Coverings ) 60 No. Main St. Midvale Phone Mid. 1110 0. Livestock Numbers Suggest Continuing Need for Feed Whatever adjustments may be 352,000. needed in crop acerage in the near future, live stock trends indicate a Fair Farm Price continuing strong demand for feed. Aids A reasonable farm price stability This, in the opinion of J. Vern Hop-kiChairman of the Utah Produc- with a fair level of income is not tion and Marketing Administration only important to agriculture, but Committee, is the conclusion that to to the entire national economy, may be drawn from a recent U.S. John H. Davis, Director of Com Department of Agriculture report modity Marketing and Adjustmant and President of the Commodity on livestock trends. The report indicates that, based Credit Corporation of USDA, reon past cycles, the current upswing cently told the 54th Annual Conin cattle numbers which started in vention of the National Association 1949 still has some time to go. In of Retail Grocers at Chicago. "When farmers have money they the five similar cycles since 1880 each upswing has continued from help to provide a market for pro6 to 8 years. If the current cycle ducts and services of more farmers runs 6 years, cattle numbers will This in turn helps maintain em reach a peak in 1955. ployment and payrolls in towns The report shows that in the and cities and makes it possible past 80 years the trend in cattle for these urban people to be good numbers has been upward, from customers for products produced around 30 million head in 1870 to by farmers." nearly 94 million head on January . He Minted out that agriculture, most other types of busi j unlike 1 of this year. Even though hog numbers are ness nas no auiomaiic regulator currently down somewhat, this is tebetween i production1 anda i distribu: a more than offest by the increase lion, in uie case oi rami wuusuica in cattle. And this, as the chair- the flow of output can be stepped man interprets it, means a contin- up or slowed down at will because uing increase in the need for feed production in these industries is a with emphasis on pasture, range, physlncal or mechanical process concentrates and fattening grains. which is controllable by man. BeHe suggests that the livestock sit- cause farm production is a biologuation may well be an important ical process that cannot be greatly consideration in production adjust-me- accelerated or retarded in a short time and is dependent upon weathplans for the immediate er, there is no automatic force HERE'S SPECfAL GREATS ANOTHER Non-Farme- - , JL ft f f am Mont Ig. H' CORN JI m I S LETTUCE Special Six., White Rose S. n.? Makes Your Car Safe As Can Be! 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