MORE MaNEY FOR 



1 



GRAIN 



county, April 18. He succeeds George 

 Besore who resigned to become man- 

 ager of the Williamsfield Farmers Co- 

 operative Association in Knox county. 



Lensberg A Real Co-op 



Illinois Grain Corporation recently 

 assisted the Lenzburg Farmers Coopera- 

 tive Grain Company (St. Clair county) 

 in reorganizing under the Illinois Agri- 

 cultural Cooperative Act (1923). 



Acting on authority given by written 

 consent of shareholders, Chas. H. 

 Schneider, president and Geo. E. Hanft, 

 secretary, signed the new Articles of 

 Incorporation prepared by the Legal 

 Department of Illinois Grain Corpora- 

 tion. Jerome Prediger is manager of 

 the Lenzburg Company. 



Brimfield Grotvs 



Brimfield Elevator Company (Peoria 

 county) recently held a meeting to 

 stimulate greater interest and to extend 

 ownership more generally among the 

 producers of the community. 



The Peoria County Farm Bureau sup- 

 ported the movement by urging attend- 

 ance of every Farm Bureau member of 

 that community. Thirty-six shares of 

 stock were pledged at the meeting. 



A committee appointed for the pur- 

 pose, immediately went out in the com- 

 munity and secured an additional 

 pledge of sixty-eight shares, thus bring- 

 ing in many new members. The com- 

 pany is a member of Illinois Grain Cor- 

 poration. Clinton L. Day is president. 

 The new manager recently employed is 

 C. B. Kornmeyer. 



Wheat Cleaning Co-op 



Edwards and Wabash County Farm 

 Bureaus are organizing a cooperative to 

 operate a wheat cleaning machine. The 

 Farm Bureaus are putting up the capital 

 which it hopes to retire through cleaning 

 fees over a four year period. Similar ma- 

 chines are in of)eration in Monroe, Ran- 

 dolph, Macoupin and other counties. 



Stanley £. Hagen started work as 



sales manager of the Cooperative Grain 

 and Supply Company of Serena, LaSalle 



Wheat Crop Insurance 



Bert Vandervliet represented the lAA at a 

 meeting in Omaha, April 19 and 20, where 

 the national wheat crop insurance program 

 was discussed by Secretary Wallace and others. 

 The plan will be administered by the Federal 

 Crop Insurance Corporation. Locally the pro- 

 gram will be administered largely by those in 

 charge of the soil conservation program. 



The plan is designed to cover all tosses 

 from unavoidable causes such as drought, 

 flood, hail, wind, tornado, insect pests, and 

 plant diseases. The first policies will cover 

 the 1959 harvest. The premiums a farmer 

 pays and crop loss settlements will be figured 

 in terms of bushels of wheat. The Federal 

 Crop Insurance Corporation will hold its re- 

 serves in actual wheat. The plan provides for 

 a guarantee to the farmer against fluctuations 

 in yield, not in price. Wheat crops may be 

 insured for either 50% or 75% of the average 

 yield. The cost of the insurance figured in 

 terms of bushels will vary from approximately 

 the market value of i/i to 2% bushels of 

 wheat per acre, dependent upon the 10 year 

 average yield of the individual farm and the 

 county average where the farm is located. 



LIVESTOCK 



Think It Over 



Who owns the livestock marketing 

 facilities used by farmers today? 



Ans. All but a small part are owned 

 by private interests. Although farm- 

 ers have paid many times over in the 

 form of commissions and other ex- 

 penses for the marketing system which 

 they use, they own but a very small 

 part of the machine. They have spent 

 millions of dollars in transportation 

 costs, yardage, feed and commission. 

 More than $206,000,000 of livestock 

 was marketed by Illinois farmers alone 

 last year. The cooperative program 

 offers them an opportunity to control 

 the service for which they pay. 



Why is the cooperative system of 

 marketing livestock any better than the 

 old way? 



Ans. The more volume a seller con- 



trols, the more he has to say about the 

 price. In the cooperative program the 

 livestock producers build and manage 

 their own marketing agencies. They 

 have a voice in the determination of 

 market receipts, marketing methods, 

 marketing costs and marketing prac- 

 tices. All of these things affect the 

 net price which the producer gets for 

 his product, and the service he gets 

 for his money. Private marketing 

 agencies are primarily interested in 

 their own income or net earnings. They 

 get a commission regardless of the 

 price the farmer receives. 



Bushnell Producers 



The Bushnell Producers Commission 

 Association, McDonough county was re- 

 cently incorporated under the state co- 

 operative act of Illinois with the follow- 

 ing directors; Harvey Herndon, Chas. 

 J. Webb, Henry L. Combs, Fred E. Hern- 

 don, W. J. Edie, Wendell Stickle, Ralph 

 E. Wilson, H. B. Smith, Walter Zettle. 

 The new cooperative has applied to the 

 Packers and Stockyards Administration 

 for a license to operate as a marketing 

 agency. They will be required also to 

 post a bond. i 



Nearly 700 of the Illinois farmers 



who annually produce more than $50,- 

 000,000 worth of hogs attended Swine 

 Growers Day at the U. of I. College 

 of Agriculture, March 31. Latest re- 

 sults of experiments in handling sows 

 and litters for maximum returns were 

 discussed. { 



MILK 



Kockford Dairymen 



Eight hundred farmers and their 

 wives attended the Mid- West Dairy- 

 mens Company annual meeting at 

 Rockford, March 22. Manager Lang- 

 holf reported the Association sold 50,- 

 748,504 lbs. of milk for $956,141.40 

 last year. This was 4.93% less than 

 was sold the year preceding. The aver- 

 age weighted price for 35% milk last 



; • L A. A. RECORD 



