Hope Star from Hope, Arkansas on August 15, 1974 · Page 12
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Hope Star from Hope, Arkansas · Page 12

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Hope, Arkansas
Issue Date:
Thursday, August 15, 1974
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Page 12
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Twelve (ARK.) SfAK Thursday. August 15, 19t4 HNE-HMF OF ALL INSECT DAMAGE TO U.S. CROPS IS CAUSED BY PESTS NOT NKTIVi * TO THIS COUNTRY! * $X>M£ 6,000 CROP- DAMAGING INSECT SPECIES NOT NOW IN THE U.S. ^> THRIVE IMCOONTRieS > WHOSE ECOLOGY IS SIMILAR TO OURS,... "TyL^-rS-x To PROTECT OUR FOOD AND FIBER SUPPLY AGAINST THESE ALIEN INVADERS, FEDERAL INSPECTORS KEEP A CONSTANT BORDER WATCH... IN RECENT YEARS, THEYVE INTERCEPTED A DANGEROUS PEST EVERY 12 MINUTES 'ROUND THE CLOCK* FmHA to guarantee emergency loans for livestock and poultry Financial assistance to lives Lock and poultry producers under the Emergency Livestock Credit Act will become available next week through a new loan guarantee authority of the Farmers Home Administration (FmHA), a rural credit service of the U.S. Department of Agriculture. Robert L. Hankins, FmHA State director, said the agency will be prepared to implement the recently-enacted law by guaranteeing up to 80 per cent of possible loss on loans made by legally organized lenders to livestock ,and poultry producers. . AI ., V Under trfmt-'bPthe act, the loan guarantee program will be in effect through July 25,1975. It may be extended for six months beyond that date if the Secretary of Agriculture determines that it is needed to help the livestock industry obtain sufficient credit. The law calls for loans to be made by banks or other legally organized lenders. Mr. Hankins said producers are urged to make applications to, and -.omplete loan arrangements with lending institutions. The lender in turn will ask FmHA for a loan guarantee if one is required. The lender will process the application, close the loan and service it. The maximum loan to any single borrower that can be assisted by an FmHA guarantee is $250,000. Loans will be repayable in three years, although renewal for two years may be authorized. Interest rates are determined between borrower and lender. Hankins said the agency is authorized to guarantee up to 80 per cent of loss a lender may incur on loans to bonafide farmers and ranchers who breed, raise, fatten or market beef and dairy cattle, hogs, sheep, goats, chickens and turkeys. A majority of the borrower's income must come from the operation, and a major portion of the borrower's time must be devoted to the livestock or poultry production. In the case of a corporation or partnership, assistance can be extended only when the majority partners or stockholders are primarily engaged in the livestock or poultry production. FmHA guarantees will be made only when the bonafide farmer or rancher cannot obtain financing without a guarantee. Loans may not be used to expand operations. Hankins said the county FmHA office serving the area where the borrower's livestock or poultry operations are conducted will handle requests from lenders for guarantees, or supply information on the loan guarantee program. The FmHA office serving Hempstead County is located at 104 Federal Building, Hope. Winter grazing can mean added income The rise in prices for corn, inilo, protein supplements, and other cattle feed ingre.'lants has drastically altered feeding practices in cattle feedlots and may offer Arkansas cattlemen a source for added income this fall, says Cayce B. Smith, county Extension agent - A.nriculture. The growth in large, commercial feedlots and subsequent demand for cattle to fill those lots, caused feedlot yens for several years to turn .j feeding calves rather than yearling cattle. Feeding a 400- iwunel or 500-pound calf to an 1100-pound slaughter weight required the cattle be in the lot a fairly long penod of time, and consume a considerable amount of grain, but grain was fairly cheap. Now, with feed grain prices higher, a feedlot cannot afford such a long feeding period. It requires almost twice as much grain to finish a 400-pound calf to slaughter weight in the feedlot as it does to finish an 800-pound steer. Therefore, a feeder steer placed on feed at 800 to 900 pounds is most desirable in the present feed price situation. The weight from weaning at 400 pounds to an 800-pound steer ready for feeding will probably be put on with high quality forage, a good low-cost substitute for feed grain where an animal is being grown out and not being finished for slaughter. Many cattle producers in Hempstead county have land suitable for growing rye and rye grass or wheat and rye grass pasture, either in cultivated feilds, or seeded in permanent pasture sod. Rather than sell calves this fall, producers can graze them through the winter and easily add 300 to 400 pounds before selling early next summer. Expenses required to graze calves this winter will probably make the cost of putting on 300 pounds gain about 30c per pound, much cheaper than the 60c to 80c per pound cost of grain in the feedlot with corn at $4 to $5 per bushel. It looks like calves will not bring much over $100 a head this fall, add on $90 required to graze that calf through the winter, and you have less than $200 per head in steers weighing 700 pounds. The present market for a 700-pound steer is nearly $250. If you are interested in a winter grazing program for your calves, stop by the county Extension agent's office for more detail. Land preparation needs to begin now. Reduced feed harvest will tighten dairy profit squeeze By DON KENDALL AP Farm Writer WASHINGTON (AP) - Reduced prospects for 1974 harvests of corn and other livestock feed will put further squeezes on dairy farm profits and may force another round of cutbacks in milking herds. The Agriculture Department already has predicted milk production this year will decline about 1.5 per cent from 1973. It dropped 3.6 per cent last year to 115.6 billion pounds. Dairy farmer representatives have warned USDA that even larger reductions may occur unless government price supports for milk are increased from their present levels. So far, at least Agriculture Secretary Earl L. Butz has rejected this proposal. The department's crop report on Monday showed that the corn crop will be about 4.97 billion bushels, much smaller than earlier expected and 12 per cent below the 1973 harvest. Soybean output also will be down from previous indications. Both are prime ingredients for dairy rations. Thus, it appears whatever relief from rising costs dairy producers might have expected a few months ago has been wiped out by drought and indications that feed expenses will continue high through the coming year. That means further tightening of profits. Meantime, in another report: USDA says total milk output in July was nearly 10.06 billion pounds. Although down seasonally from June, it was slightly more than milk output in July 1973. It was, the report said, the first time U.S. milk production had increased from a year earlier in any month since September 1972. Production had dropped each month from a year earlier since then. But the report also included figures illustrating how the rising price of feed is affecting dairy farmers. In July, it said, the milk-feed ration nationally averaged 1.28 compared with 1.37 in June and 1.35 in July last year. The figure expresses in pounds the amount of feed ration equal in value to one pound of milk sold by farmers. Thus, a higher figure means the value of a pound of milk buys more feed. In July, the report showed, the average cost of one pound of dairy ration was $5.89 compared with $5.59 in June and $4.88 a year earlier. The value of 100 pounds of milk sold by farmers was $7.55 in July, compared with $7.65 in June and $6.57 in July 1973. The 1.28 ratio in July, accord- ing to USDA records, was the lowest for the indicator in any month since August of last year when it was 1.26. For all of 1973 it averaged 1.47 pounds. It had averaged 1.73 for all of 1972, reaching a high monthly mark of 1.82 in January that year. Officials said the July analysis showed 11,139,000 milk cows on farms during the month, down 10,000 from June and two per cent below a year earlier. However, milk production per cow, 90? pounds on the average, was up 20 pounds from July last year. In June it was 942. —Obey all traffic laws. Convention chairmen ore named LITTLE ROCK (AP) -Jerry Watkins of El Dorado, general counsel for Murphy Oil Corp., will be chairman of the Platform Committee of the Democratic State Convention Sept. 13-14 at Hot Springs. The members of the three standing committees of the convention were announced Wednesday by the Democratic State Committee. The members were chosen by a steering committee selected by David H. Pryor, the Democratic gubernatorial nominee. Christopher Barrier, a Little Rock lawyer, will chair the Rules Committee, while Ann Henry, a Fayetteville lawyer Season's Savings on Fresh Fruits & Vegetables During A&P's Produce Sale Pricos Good thru Sal., Aug.17/1974 will be in charge of the Credentials Committee. Mrs. Henry is the wife of state Sen. Morriss Henry. The . 23-member Platform Committee includes five members with union connections and one black. —He a courteous driver. Wo r*Mtv« the tight lo limit quont!t!<i». weo Where Economy Originates PLUMS FIRST OF SEASON ITALIAN PRUNE 3 89c PASCAL CELERY CALIFORNIA STALK EA. 29c RUSSET POTATOES U.S. No. 1 CALIFORNIA PEACHES OR BARTLETT PEARS YOUR CHOICE LB. 39c r CHUCK ROAST "SUPER-RIGHT" QUALITY HEAVY BEEF BONELESS ^t^fc LB. ™ 09 PORK CHOPS QUARTER LOIN SLICED INTO CHOPS 99* "Super-Right" Quality Heavy Bee I i: t. "5uper-Righr"'Quality Heavy Beet Chuck Steaks 6 -"".', .u $1 29 Chopped Sirloin . . .» $1 29 GRAPES CALIFORNIA SEEDLESS LB. 39* California Melon Honeydew Brown Mushrooms Cali(ornio Caiornio o <t i Artichokes .............. 3 »,* I BUFFET HAMS "SUPER-RIGHT" BONELESS FULLY COOKED HALVES $ 1 *9 LB. i FRYERS FRESH WHOLE FRYERS U.S.D.A. GRADE A Cut-up Fryers LB 45 ? LB. 39* 'Super-Right" Quality Heavy Bet?f Ct'nte? Cid ? flonc Chuck Steaks...?. *~»r..»;:. > b $ 1 ° 9 Beef Sausage '4 69< alb Black Hawk or Smoky Maple Sliced Bacon £$129 SKINLESS A&P FRANKS ALL BEEF REGULAR PKG. PKG. Beef Liver 89$ U 5 D A Impeded Fieih f rolled Frying Chicken Breast '£ Fried Fishsticks "£ 58$ FRYER QUARTERS U.S.D.A. INSPECTED CUT FROM GRADE A FRYERS DARK & LIGHT MEAT LB. 49* A&P Bologrui Supr. Right SpxrrJ lu.uhr, . Lunch Meats^Vs 1 !?'.' 1 .".:. '^9 Allgood Brand Sliced Bacon Cap n lohn'\ with Noodk-t Tuna Casserole ............. 2 p." 69$ TENDER FLUFF LONG GRAIN RICE CAKE MIXES DUNCAN MINES LAYER 4VHI PKGS. ^^ 4^^ HELLMANN'S MAYONNAISE FOLGER'S VACUUM COFFEE ALL GRINDS $09 WITH COUPON WITH COUPON 32-OZ •«•-••••« JAR | ^1 IB 99* DETERGENT 10? OFF LABEL w^^^ ^Ijf H^W JI^F , A&P REFRIGERATED ORANGE JUICE LIQUID BLEACH CLOROX MACARONI & CHEESE KRAFT DINNERS BACK TO SCHOOL i Hole 10ft » 9 Filler Paper ^ 55$ Wirebeuixt IQVf « 8 Composition Book. 'Yd 49$ fobPet II » S'tt Typing Paper 2-53C Kralt Deluxe Slices American Cheese. Balh Soap Zest 6c °" cn ? Baii Krall Hall Moon Longhorn Cheese ...... C / T V Bronze Deodorant . Right Guard.'::.?: ..... 2 - * I 19 Red Toothpaste A&P Vacuum Wlth Cou P° n Below ' ' B .p | Corn Oil Mazola Margarine. . 91" C With Coupon Below W»rebound *ifh Pour Ant Colon 12 • 9 JANi PARKgR BAKiRY WHITE & WHEAT BROWN & SERVE 1-tB. .PKG. 45$ *M***t»ttttti VALUABLE COUPON VALUABLE COUPON WITH THIS COUPON YOU CAN BUY | | WITH THIS COUPON YOU CAN BUY | Folger's Coffee I I Hellmann's Mayonnaise I Construction Paper M »« 49$ p^oppi* r opp «d *-? „ ,o« co ^ Cinnamon Rolls,..,, ©IMC All w 5Vv BrpwnN , Setve 39<; Clovtrltaf Rdh....."S42< Delicious 49^Appb P1&.,.,. ; .. 2 %:83^ WITH THIS COUPON YOU CAN BUY 09 J * Good Ihrw Sqi Aug 17. 1974 32-Oz Joi Limit on* coupon p*r family Coaq thru Sqi Aug 17 1974 I I .1 \ 1 I WITH THIS COUPON YOU CAN BUY Mazola Margarine Corn Oil J J All Grinds 'C49< on* coupon par family 1 | ,h,«Sal A U3 17 1974 iPil | ,< V I II A&P Vacuum Coffee I Quarters I i-i Co Limit one coupon par family Good lh'M Sat Aug 17. 1974 "$105 i -an • 1

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