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Show fil BUREAU AND SUGAR CO. OFFICIALS REACH AGREEMENT ON PRICE OF BEE1S FOR 1921 I oflrbli of the Utah SUto Farm bu rau and the Utah-Idaho Sugar com-mbv com-mbv Friday concluded an agreement oTthe price bantu of tho 1921 sugar beet contracts, which for tho first doe In Utah will mako provision for MrmnlB on both the bnslB of tho nrice received by tho manufacturers (or the sugar and the sugar content 0( the beets Brown, by tho farmers. SThe agreement vai reached after so than a week of negotiation be-twten be-twten the sugar company, repreacn-Utlvei repreacn-Utlvei and the sugar beet committee of the state farm bureau. At the present price of sucar net to tie refiner of $7.90 per hundred-pound hundred-pound bag the farmers would rccelvo $9.04 per ton for beets, as compared ulth the $12 minimum of last year. a D. McKay, president of the farm bureau, declared his satisfaction with the price basis of tho contract, as did the Utah-Idaho oulclals who took part is the negotiations. Conditional upon acceptance of tho same contract by the Amalgamated Sugar Company and the smaller companies In the state, u seems likely, tho settlement of tho price basis of tho contract will affect af-fect about 15,000 formers who last' year grew 112,700 acres of- sugar tects. Urging at f MM. Tho price scale Is started basin;; tbe price of sugar at $5 per bag. At this price the farmers will rccelvo 95.50 per ton for their beets. This minimum figure of $5.50 per ton will he paid to tho farmers as In previous years on November 15 and December IS for deliveries of tho previous month. mon-th. The balance, it any, of tho amount to be paid for tho beets, depending on the price of sugar for the year October. 1921, to October, 1922, will be paid February 1, June 1 and October Oc-tober 1, 1922. In addition the farmers will be able ab-le to buy their beet pulp at 80 cents per ton Instead of $1.25, which they ipitd last year. Other details of tho crntract, embracing a number of foa-turei, foa-turei, remain to bo Bottled by committees com-mittees of the company and of tho tamers, and detlnlto nnd final acceptance ac-ceptance of tho entlro contract will be dependent upon nn accoptablo determination de-termination of tho points yet to bo decided. It Is anticipated by both the farmers far-mers and the manufacturers that theso other questions will bo mutual-'y mutual-'y agreed upon without dimculty. Final Payment Inferred. Tho basing of the price to be paid for beets on tho average price of segar for the year Is a feature new to I'lah beet contracts and one that necessitates ne-cessitates the postponement of flual puyment to tho farmers well beyond the period of past years. In the contract provisions offered by the sugar company It is stipulated that the "first and second subsequent settlements, February 1, 1922, nnd June 1, 1922, will be 80 per cent of the full balanco due on each date on that proportion of all bccUi received from each grower as tho total sugar rold to that date bears to the total sugar su-gar produced. Tho price agreement reached Friday starts with sugar selling at $5 per sack for beets with a sugar content eif from 14 per cent to 18 per cent, nnd carries the prices for beets progressively pro-gressively up to the point where sugar su-gar might sell at $15 per sack, at which point tho farmer getting a 1C r.ci cent sugar content would rccelvo S17.22 ncr ton for bin beets. Last year the avcrngo sugar content con-tent of beets received by the Utah-Idaho Utah-Idaho company was 1G.02 per cent The yield per aero In the state was 11.57 tons per acre. Tho sugar company was represented represent-ed In tho negotiations by W. 11. Wnt-tiK, Wnt-tiK, managing director; Stephen 11. levo, sales manager and member of the executive committee; Merrill Nib-Icy, Nib-Icy, assistant genera! manager, and Mark Austin, general agricultural superintendents. Tho sugar beet subcommittee sub-committee of the state farm bureau was composed of J. It Bous, chairman; chair-man; Ephralm Dcrgcson, Joseph F. Skinner, David N. Deal 'and John B. Durton. Iltct Price Scale. The following table shows In detail tho price agreement reached. Tho quotations quo-tations In dollars aro the prices at which sugar may sell, tho percentage columns Indicate tho sugar content nnd the figures set opposite the percentage per-centage columns and below the sugar prices show the net price per ton of beets the farmers will receive, based on both sugar content and tho price the manufacturers rcelvo for sugar: 1'ct. sugar In beets $5.00 $5.50. $fi.00 $0.50 $7.00 $7.f.U H.O B.50 5.50 5.50 6.80 fi.50 7.20 14.5 5.r,0 5.50 5.50 C.025 fi.75 7.47 15.0 G.50 5.50 5.50 C.54 7.17 7.75 15.5 C.50 5.60 5.75 fi.71 7.1S 8.07 10.0 6.50 6.50 COO 7.00 7.80 K.40 1C5 5.60 6,50 (i.25 7.28 8.10 S.72 17.0 5.60 6.C5 (i.60 7.57 8.40 9.05 17.5 5.50 5.87 fi.75 7.85 8.71 9.37 118 0 5.50 f,.10 7.00 8.13 9.02 Jl-70 I " $8.00 $8.50 $9.00 $9.50 " $U)ii'0 14.0 7.90 8.10 8.88 9.3S 9.87 , 14.5 8.20 8.71 9.22 9.73 10.25 15.0 8.60 9.02 9.54 10.08 10.112 1 ..' 8.85 9.39 9.94 10.49 11.05 l'i.0 ii.20 9.75 10.33 10.90 11.48 10 5 t).65 10.13 10.72 1132 11.92 1 170 9.90 10.61 11.13 11.75 12.27 17.5 10.26 10.8S 11.62 12.10 12.S1 ' IJJJL-.v 10.B0 11.20 11.92 I2.5S 13.25 110.60 $"U.00 $11.50 $12.uii" $12.50 14.0 10.3(J 10.85 11.35 11.81 12.34 14 5 ,.... 10.83 11.35 11.87 12.38 12.90 15.0 11.15 11.0S 12.21 12.74 13.27 15 i 11.00 12.16 12.71 13.20 13.81 100 ,,,.. 12.05 12.03 13.20 13.77 14.35 10.6 12 62 13.12 13.72 14.32 14.91 17.0 12.98 13.G0 ' 14.22 14.84 15.40 17.5 13.45 14.09 14.73' 15.37 10.01 KO... 13.91 14.57 15.23 1590 1050 '" $13.00 $13.50 $14,00 $14.50l5.00 14.0 12.83 13,32 13.82 11.31 14.80 11.5..- 13.42 13.93 11.45 14.90 16.48 15.0 13.81 14.34 14.87 15.40 15.93 15.6 H.3(j 14.92 15.47 10.02 10.67 10.0 14.93 15.50 10.07 10.05 17.22 10.6 15.51 ifi.io 1G.70 17.30 17.89 17.0 10,08 10.70 17.32 17.94 18.55 17.5 10,05 17.29 17.93 18.67 19.21 18.0 17,22 17 88 18.65 19.21 19.87 |