All farm families should fe«l a* s«cur« as the Lehr Reese family, Mt. Cory, Ohio. The dairy- pork operation, backed up by field crops eon- sistina of corn, soybeans, hay and sorghum- sudan silage, is stabilized for present and future by a well planned insurance program. Ronald, David, Kathie and Jana join in on a look at the books. FARMERS I NEED Millions of Reasons why you should use AMITROL-T One spray application before seed maturity kills CANADA THISTLE and WHITETOP and STOPS PRODUCTION of VIABLE SEED. it costs so little to get effective control of Canada thistle, whitetop, leafy spurge and other tough perennials with Amitrol-T. Will not sterilize soil or affect succeeding crops. Amitrol-T is a liquid concentrate-no agitation after initial mixing. Non-flammable, non-volatile, non-toxic to humans and animals when label directions are followed. If you prefer a soluble powder, Weedazol* will give the same excellent results at the same ow price per gallon of finished spray-a quarter's worth kills a couple hundred square •aet of solid stand. See your farm supply dealer today. A PROFESSOR at nearby Findlay College told me the other day that a college education today runs about $10,000. That's $40,000—in the case of our family with four children—and you just don't pick that kind of money out of thin air. My wife and I especially want to make certain that our four children will be able to get a college education if they want it. "For that reason and also financial protection of my family, I'm one farmer that has a substantial insurance program." Those words were uttered by Lehr J. Reese, prominent young farmer of the Hancock County, Ohio area. Now, what about the Reese farming operation? "We were given one cow as a wedding present right after we were married. We've built the herd from that one foundation cow. Now the herd is averaging over 9,000 pounds milk and 450 pounds fat and we're milking 30 cows. A few years ago when we were milking only 10 cows, the herd averaged 350 pounds of fat and 6,000 pounds milk. We've done a lot of breeding, testing, culling and our next goal is 10,000 pounds milk and 500 pounds fat." This is right up there for Jerseys. "We handle our herd for economical production—we don't push for high records made at high costs. We aim to make the most milk at the lowest possible feed cost. Our cows make their records on a 1-6 grain feeding—although we increase the grain if roughage is of lower quality. Our cows represent four generations of artificial breeding. We're also participating in an A.I. Young Sire Project—to prove new bulls under regular farm conditions and by artificial breeding." Mr. Reese pointed out that their farm is now a one-man operation, but it's planned for expansion if the boys want to farm. Lehr recently bought and started paying for another 83 acres to add to the 225 acres the family owns. They also farm 62 rented acres. Their basic crops are com, hay, soybeans with some sorghum-sudan hybrid used for silage this year. They use continuous corn in some fields, rotations on others. This year, Reese applied his three-point formula and decided to get into hog production. He has 100 hogs on feed now in an old barn that was carefully remodeled. He poured a sloped concrete floor so that he will be able to install a liquid manure system later. He uses self-feeders on a platform at one end of the bam, Reese will soon convert a chicken house and start farrowing his own pigs. "You have to look ahead 20 years when you make a change, or you'll be behind," he says. This hog feeding layout was installed at minimum expense, but is one of the best and most practical to be found. Reese used advice from Ohio .State University Extension engineers. He plans the farrowing unit to be just big enough to keep the feeding structure filled to capacity. The Reese family lives in the old family home that has been changed considerably by adding a large kitchen and family room. Mrs. Reese wanted a large kitchen, so they designed this room to serve both purposes. They used electric heat so they didn't have to change the existing heating system used in the older part of the house. Eight years ago Reese was named the Outstanding Young Farmer for his area. He bought the second bulk tank in the county and is now milking 30 Jerseys in a parlor that he built himself from ideas he secured from the county agent. "My life insurance policy will make sure the money is available—regardless of what happens to me. or the farm. The means I had figured out before just weren't adequate. Life insurance protects the family if anything happens to me. "Retirement benefits were a secondary consideration when I decided to increase my life insurance. But this insurance money will be available anytime I want to borrow on it. "It also guarantees that .the farm will be free and clear if I die. After the 15 years I've spent building up the land, buildings and livestock, I've made sure that the family •would have a choice. For example, they could keep the Jersey herd intact or sell it—but they wouldn't be forced to sell anything for lack of money." Now let's get back to the security business. "This newest policy will insure a college education for the children and it will also be a source of capital for farm expansion, if we need it," said Reese. "Our total outlay for this $55,000 of insurance is $1,036 a year (for 1964). Subtract the last dividends which figured out to $180 and that leaves a net of $856 that we actually paid out The increase in cash value last year was $625 (and it'll go higher each year from now on). So, we really paid only $231 for $55,000 worth of insurance protection last year. "My dad borrowed money on his insurance to keep this farm in the family. "So I've always had an idea that insurance was a good thing. But I didn't realize all the things it could do and how important a, good agent could be in helping plan a farm family's financial future. "Our insurance agent laid out a complete program that showed all the insurance we already had, social security, and other benefits like the VA money that my family is eligible for because I was in the army during World War II. He recently called our attention to some new rulings from the Veteran's Administration. With this all listed, we have a better picture of our financial future than we ever had before. "Before I make any changes in my fanning business, I look at three things: practicality, economy, and labor-saving. This insurance plan fills all of those conditions. It's the most practical way to provide for the future; it's economical because the net cost is low and the cash savings with NML are higher; it's labor-saving because our trained agent worked with us in setting it up. "Our plan is laid out so that I can add to it if conditions change. "Here are some other real dollar savings for a farmer who has a sound and adequate life insurance program like our agent figured out for us. I don't need to take out insurance when I take out a PGA loan—my insurance is more than adequate protection that assures the loan will be paid if something happens to me. This saves on the cost of operating money. "With my present insurance, I'm in a much better bargaining position for any money I borrow for farm operation or expansion. I file a yearly statement with Production Credit and this insurance shows up there, for example. Insurance is a sound basis for anything we decide to do here on the farm." Mrs. Reese added some comments: "I certainly feel more at ease about the future now. It relieves my mind. Even though I can teach—my education is one type of insurance —that isn't enough with four children. We've talked about lots of other plans to, insure their future, but this certainly is much better than anything else. "I don't mean that we're going to force the children to go to college—but we want them to have the opportunity. That's their decision to make." The insurance Reese added after the insurance agent worked out their program was a convertible protection policy providing $37,500 of insurance. This policy has a permanent insurance value of $15,000 with a $22,500, 20- year term rider, NE CRACKERS THE RECLOSABLE STACK PACK KEEPS PREMIUM SALTINES CRISP TO THE VERY, VERY LAST CRACKER! THE STACK PACK OPENS EASILY... SERVES YOU CRACKERS ONE BY ONE RECLOSES TO SEAL OUT MOISTURE ( .,,/> A'"' < PREMll CRACl Snapping crisp with soup... or cheese... or jams ...PREMIUM SALTINE CRACKERS stay crisp 'cause you can reclose the STACK PACK!
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