Illinois News Index

McHenry Plaindealer (McHenry, IL), 29 Jun 1961, p. 9

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^iursd?y. June 29,1981 ; • • • ? • • CATTLE FEEDERS PRODUCE STEAK FOR LOW VROFIT . We hope that the farmers who produced those juicy st^iks for today's dinners loved .tlTiXr work. They received little financial reward for their efforts. , Recent market prices for choice steers were mostly $24 a hundred pounds compared with $27.50 a year before and With $29.25 two years ago. Prices have been depressed by heavy sales of cattle out of Jeedlots and off wheat pastures, and by a weak consumer demand because of the business recession. There may be no quick recovery from present price levels. Supplies of be^f and competitive meats are expected to continue above year-before levels, while no real business boom is in sight to stimulate demand for the more expensive grades and cuts. Rattle feeders will remember that the April report of cattle on feed showed 5 percent more cattle in feedlojs this year than last. A slightly larger share of them were headed for market in the April-May-June quarter this year than in 1960. Competition from broilers will be at a record level. Production is up 15 to 20 percent from last year. No cutback is irt* sight for at least 90 days. The pork picture does not provide much encouragement for cattlemen. For nearly a year now the output of pork has been running less than 12 months earlier. But from now on. supplies may, be 5 to 8 percent larger than they were a year before. 4^The lower prices for cattle this year were forecast last fall. At that time we expressed the opinion that prices would average $1 to $2 a hundred pounds lower in 1961 than in 3960. In 1960 the monthly average prices for choice steers at Chicago ranged from a high of $28.08 in March to a low of $24.80 in September. The high tjkis year was in January, at $27.42. In the first four months of this year prices averaged $26.08, or $1.17 lower than a year before. In the last eight months of last year, the average price of choice steers at Chicago was $25.88. If prices are $1 or $2 lower this year, the average for the remainder of , this year will, be in the to $25 bracket. A low monthly average of less than $24 may be- recorded. THE McHENRY PLAINDEALER There is some basis for expecting prices to improve in the last half of this year. The 7 percent reduction last winter in the official estimates of cattle numbers may give ranchers and farmers increased optimism. They may hold a few more cows and heifers to enlarge breeding herds. This action could mildly restrict marketings for slaughter during the last half of this year and in 1962. On the other side of the balance, the southwestern range states f^om Texas to Utah and California report serious drouth areas. If this drouth persists or worsens, substantial numbers of cattle will have to be moved to market or to other areas. This might become an important market price factor by midsummer. Page Nine Many farmers' are asking about prospects for market prices for 1961 crop corn. The answer seems to depend largely on the extent to which farmers participate in the new feed-grain program. If a large share of farmers sign up, corn prices seem likely to rise to within about 10 cents of the support level. I., only a small share of farmers participate, prices may range around 80 to 90 cents a hushel. Firrt, suppose that farmer participation is high, say 50 percent in the seven leading corn states. Non-participating farmers would produce only about 2,500 million bushels of corn. This would be about 1,000 million bushels less than the quantity that will be needed for feed, industry and export. This amount would have to come from CCC stocks ana from farms that participate in the program. The CCC will seil enough corn to make up part of the deficit. It will be ^uthotized to sell about half as much corn as would have been produced on the diverted acres, say 140 million bushels. The CCC could take over the export market j and sell around 2~Q million j bushels more. Finally, it will ! sell corn that is in poor con- I dition. The Secretary thus has con- i siderable leeway in selling CCC j corn. We may recall, however, I that Congress recently turned , down a request for permission j to make general sales of corn i at less than 105 percent of the j support price. CCC if facials will keep this in mind when making their sales plans. We believe that sales from CCC stocks would not be enuugh^ to' meet market demands with prices as low as $1.00 a b'ishel. The additional corn needed would have to be drawn from farmers who could get price support loans. If half of the farmers in the seven leading corn states participate in the program, they will have over 1,100 million bushels eligible for price support. This is twice as much as has even been put under i-rice support in any previous year. Farmers will take out price support loans until the market price rises so close to the support level that there is little or no advantage in taking the price support. The market price will tend to stabilize at that level. This may be around 10 cents below the support level. Now suppose that participation in the feed-grain program is low, say only 25 percent in the seven leading states. Production on non-participating farms would provide around 3.200 million bushels of corn. This would be only about 300 million bushels less than probable domestic and export needs. Sales from CCC stocks and from "overran" production on participating farms could easily make up the difference. Market prices might then remain well below the support level, perhaps below $1.00 8 bushel. Farmers are going big for the feed-grain program. They have signed up to idle about 24 percent of their corn and grain sorghum land. What will lie the results? The acreage retired may be less than the acreage signed up. The signup involved only a sort of option to divert com and sorghum grain land to non-productive uses. Some farmers will decide not to participate. Others will retire less than the maximum number of acres listed. But the dropout seems likely to be fairly small. Suppose that at least 20 percent of the corn acreage is retired. This would not mean that production would be reduced 20 percent. There are several reasons: (1) The retired acreage will be the lower yielding land. (2) Some nonparticipating farmers will increase their corn acreages. (3) Some farmers, whether or not they participate, will use more fertilizer and adopt other yielding boosting practices. Farmers harvested about 83 million acres of corn in each of the two years since acreage allotments were dropped. If the> harvest 20 percent less this fall, they will be taking corn from 66.2 million acres. Average yield on the harvested acres (which will be better - than average land) seems likely to be two bushels higher than the 53-bushel average posted last year. That GIFT! SA A beautiful Muscogee towel set can be your FREE GIFT when you open an account for $100.00 or more or add this amount to your present account. In a smart gift box this gracious set will make a most useful addition to your home or a very special gift. (Set is available in popular pastel shades.) Offer begins June 26th and ends July 15, 1961 . . . only one gift per account. All deposits made thru July 15th will earn dividends from July 1st. 4_ On Regular /0 Savinqs Accts. 4 '/if< On Investment 0 Savers® Accts. Our .Services - ^Jo M 'ur yervtcei 1. Traveler's Checks 2. Money Orders 3. Regular Savings Accounts 4. Investment Savings Accounts OU • • • 5. Xmas Saving Accounts 6. Home Mortgages 7. Home Improvement Loans 8. U.S. Gov't Savings Bonds Aw^ have always been ACCESSIBLE . upon your request. UTY . .. YOUR SAVINGS . WITHDRAWABLE AT ONCE MCHENRY SAVINGS A N D L O A N A S S O C I A T I O N %. J!>M Jv 3611 W. Elm St. McHenry, 111. would produce about 3,640 million bushels. Disappearance (domestic use and export) totaled about 4,000 million bushels last year and seems likely to rUn to 4,100 million bushels this marketing year. We know that disapjiearance varies with price changes; more corn is used when the price is low. Disappearance increased by one-third (1.000 million bushels) when the price was reduced from about $1.50 in the early 1950s to $1.12 in 1959-60. The "price this year may average about $1.03. counting the grain "sold" to Uncle Sam at the support level of $1.06. We. might guess that disappearance of com in the 1961- 62 marketing year. will, total around 4,000 million bushels. Increases in numbers of livestock and poultry to be fed may be largely offset by a reduction in use on account of the price increase. In this case the 1961 crop would be about 360 million bushels short of needs. CCC sales of corn would make up the difference. Actual sales of CCC corn Will probably exceed 360 million bushels. But farmers will have around 1.000 million bushels of new coj-n eligible for price support. Most of them will not sell at prices much below the support level. The more corn the CCC sells, the more farmers will put under price support. Thus the market price seems likely to lise to near the support level. Let s make some more guesses: If our carry-over this fall is 2,000 million bushels and if the crop is around 3,640 million as we expect, out total supply for 1961-62 will be 5.640 million bushels. Subtract 4.000 million for use and export, and we would still have 1,640 million bushels for carry-over on Oct. 1, 1962. That would be more corn than we carried over in any year before last fall. L. H. Simerl Department of Agricultural Economics DROWNING IS BIG DANGER OF SUMMER SEASON The new Federal Interstate Highway System now under construction will connect 12 of our state capitols, and 90 per cent of our cities with a population of 5,000. Drowning victims are not by a long sight just little children or showoff teenagers. And most victims are not swimming in the water when they fall prov to a killer that takes roughly 6.400 lives a year. The National Safety Council pointed to those frequently twisted facts as two of the misconcept ions many persons have about drownings. Reason the Chicago-based safety organization, created in 1913 to prevent accidents of all kinds, is trying to dispel such misconceptions. "So no one will be lulled by false facts into thinking -- over the Fourth of July holiday or any time in the year -- that because he's in the prime of life, or just walking near water, he is in no danger of drowning." explained R a 1 p h Kuhli, NSC director of public ' safety. Kuhli said many grown persons nearly 1,500 25-44 years of age alone -- drown each year. Four out of five victims are males. And only about 2,400 of the year's 6,400 drownings happen to persons swimming or playing in the water. The safety man's observations came as the nation was busy preparing for Fourth of July fun. The holiday, which falls on Tuesday this year, will last four clays for some persons, one day for others. If. despite all your precautions over the holiday, a water ! emereoncy should arise, what j does Kuhli recommend you do? - Throw a person struggling in tho water anything that will float - a board, branch, largo thermos jug. Or. hold something out to him tin oar, branch, end of a piece of rope, even a sweat shirt.' Post way to help make sure such emergencies don't occur? "By learning to swim," Kuhli believes. "Even if you're mid- 1 die-age, you're certainly not ' past danger from drowning -- | and neither is it too late for j you to learn to swim," he said. j Americans earn about one billion doll are each day of the A born swimmer! That's what everyone is saying about our "Neo-Classic" swimsheath by Jantzen. Silky light Helanca nylon fits like a second skin, makes you wonder how you ever wore anything else. And flattering? Come let our mirrors tell. Deep v-neckline, shaped from withinbyexclusiveFrenchBracups. 10-18 $19.95 just wear a smile and 5"TORE for MEN 1245 N. Green Sit. Phone EV 5-0047 Open Daily 8 a.m. to 6 p.m. Friday 8 a.m. to 9 p.m. Sunday 9 a.m. 'til 12 noon USE THE FREE GREEN STREET PARKING AREA V.F.W. Auxiliary News By Connie Thomas Betty Clark Daisy Smith was re-elected guard of the Fifth district auxiliary at the meeting held in Joliet recenfly. Daisy Smith. Marylou Miller, Gen Bradley, Grace Dobyns, Wilma Aylward and Betty Clark were present from our auxiliary. George and Gert Barbian. Tom and Wilma Aylward, Elizabeth Thompson, Judy Diedrich and Kathy Fuhler entertained at the last Downey party. Please keep in mind that the next party is scheduled for Wednesday, June 21. Wilma further reported that our post and auxiliary will he in charge of the merry-go-round at the Downey carnival. Please contact Wilma at EVergreen 5- 1631 for details. Florence Tussey was named "sunshine" chairman. Please call her at EV 5-1555 and let her know about any cards that should be sent out on tiehalf of the auxiliary. Josephine Hanson was welcomed into the auxiliary as a transfer member. Many of the girls participated in the Civil Defense program, and others helped with the high school prom breakfast. Ann Getner, Connie Thomas and Betty Clark comprise the refreshment committee for the next meeting, June 12. MILK PRICES Dairy farmers shipping to the Chicago Order 41 market received a minimurh of $3.72 per cwt. for base milk and $3.13 per cwt. for excess milk delivered in May to plants within the 55- to 70-mile price basing zone, Harry L. Edwards, director of marketing, Pure Milk association, reported this week. The prices reported fcy Edwards are for milk of 3.5 percent butterfat test. The differential for each one-tenth of 1 percent of butterfat above or below 3.5 percent is 7.3 cents per cwt. The Senator Says By State Senator Robert McClory The jelly bean bill should not be passed by the Illinois General Assembly. One may ask, "But what is the. jelly bean bill?" The jelly bean bill is known as Senate Bill No. 326 and would require each piece of candy (including each jelly bean) to be individually wrapped. If the bill should become law, a violator would be subject to a fine of not less than $50.00, nor more than $500.00 for each offense. The manufacturers and retailers of jelly beans are justifiably concerned. Indeed, they aver that it is not economically possible to wrap each and every jelly bean. The measure, if enacted, would undoubtedly bring the demise of the jelly bean in Illinois. On the other hand, it is doubtful that children would be willing to forego their periodic binge of jelly beans, and we might expect these trademarks of young children to be bootlegged in Illinois -- or smuggled across the state line from Wisconsin, where there is no pending restrictions oiv the jelly bean trade. The confectioners' opposition to the wrapping of individual jelly beans is logical For one thing, jelly beans are small and difficult to wrap. They are colorful, and unless wrapped in cellophane, the attraction of their many colors would he lost. Jelly beans are customarily sold by. the bag, or in bulk by the ounce. They are purchased by the handful, consumed by the mouthful and stored in small boys' pockets, pencil boxes, under pillows, in school desks, and in nests prepared by Easter bunnies. Children don't want to pay for wrappers on jelly beans, and they don't want to miss the sensation of sticky fingers that comes from unwrapped jelly beans. The National Confectioner's association has come out strongly against Senate Bill No. 236. This organization has informed the members of the legislature that Illinois is the largest candy producing state in the nation, and that none of the other fifty states requires jelly beans to be wrapped. as the sponsors, Senators William Lyons and William Grindle. propose in Senate Bill No. 326. No question of public health appears to be involved. Indeed, if children should omit to remove the wrappers, more tummy aches might result from eating jelly beans with wrappers, than from the added quantity of jelly beans which a penny's worth might purchase. Members of t^General Assembly must rally to the defense of our small children and save the jelly bean (unwrapped i for this generation, and the generations of youngsters yet to come. The jelly bean is as much an American institution as chewing gum and hamburgers. But the jelly bean is threatened by Senate Bill No. 236. The bill should not pass. TB ASSOCIATION i HOLDS TUBERCULIN TESTING CLINIC The McHenry County Tuberculosis association is sponsoring its next monthly tuberculin skin testing clinic for food handlers on Monday, July 3, from 2 to 5 p.m., in the courthouse annex. Many establishments in the county are now qualified to be awarded a certificate, which I states that all employees have been given the tulierculin skin I test. These certificates, which ; can l>e displayed as evidence of j an effort for better health for : the community, will be presentjed in the near future. j There is no substitute for j money in the bank. Save at McHenry State Bank. 6-29 7-6-61 Read The Want Ads ' x ' > J; W A; v ^ , j M ! •> .- V',v! \ f ' vJf, , ^' , . proudly announces the appointment of CHAS. HERDRICH & 1014 N. River Road Ph. EV 5-0016 s as distributor of MILLER HIGH LIFE to the people of McHenry, Illinois TASTE... this truly fine premium beer brewed in the greet Milwaukee. A HSSs7 ErOwStg Wk

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