| Show bet growers and factory JU reach meach accord on contracts Contract sy t expect large 1932 acreage gunnison annison un nison sugar co offers minimum for acres HOLD MEETINGS one of the most encouraging business indications that has taken el i place locally in many months is the announcement that beet growers and manufacturers have reached a satisfactory agreement for the 1932 season this fact dispels the persistent but unfounded rumor that the gunnison sugar co was not going to offer contracts for this year which would have been a serious disaster indeed owing to the fact that beets have constituted the chief cash crop for or this valley recently and there is every prospect that there will be an ample water supply for irrigation this year both growers and manufacturers are hopeful that with the agreement reached the biggest beet acreage will be planted this year that this section has ever known one encouraging sign is the fact that the united states secretary of agriculture has agreed to make loans to beet growers of a ma maximum a i of 12 an acre on the 1932 after two weeks of negotiating between representatives of sugar manufacturers and the beet growers associations of both utah and idaho an agreement was reached on a straight participating contract whereby the price to be paid to the growers will be based upon three factors sugar content sugar extraction and the price of the manufactured sugar product this means in effect that the farmers will be given as nearly as it is possible to compute 50 per cent of the sugar extracted from their own beets and the price per ton to be paid for beets will be based or on i the price the sugar companies receive for the sugar this 60 50 50 participating contract is what the growers here have been working toward for the past 20 years assuming a sugar extra extraction action of pounds from a ton of beets which is an average for some of tile the utah and idaho districts the farmer fanner will receive the returns from 50 per cent of this or pounds of refined sugar if this sugar sells for 4 cents per pound his return for beets would be approximately per ton if the sugar manufacturer received 6 cents per pound for sugar the price of beets would be around per ton harvey ross manager of the gunnison sugar co sat in with ith the committees throughout their deliberations until this contract was agreed upon and then he explained that he was fearful that this sort of a contract would not obtain for his factory the required acreage to warrant a successful campaign and that he would make an initial payment of per ton minimum for beets if the farmers would grow at least acres of beets this year this is the only company that would make a guarantee at all and mr ross deserves the thanks and cooperation of everyone in the matter A meeting of the officials of the gunnison sugar co and all the directors of the moroni gunnison and south sevier beet growers associations met last monday night at the office of the gunnison sugar co after hearing a report of the growers committee and the factory management it was decided to hold a meeting in each local district when the contract will be explained ml and the growers urged to i sign contracts at that time I 1 order to eliminate any unnecessary expense cp ense in getting cn contracts tracts we are partners in this business and we must pull together if the beet industry is to survive stated dan peterson president of f the sou south ali sevier beet growers association in an interview with the reaper this week the various meetings to be held are scheduled lei as follows central and annabella thursday march 10 at 2 p m sigurd and venice thursday march 10 at 8 p in elsinore friday march 11 at 2 p m richfield and glenwood saturday march 12 at 8 p m it is vitally ii important that the farmers turn out in in full force at these meetings and contract for a large acreage one prominent business man made the statement to the editor recently that the drought last ast summer hurt this community far worse than the general depression and added that if there lia had d been plenty of water for the beets there would have been no serious depression here |
