enactment of any law directed toward 

 the impro\cnicnt of agricultural conili- 

 tions through interference with the law 

 ol supply and demand if and when in- 

 dustrial business and labor leaders of 

 America will agree to the repeal of all 

 laws that have resulted in artificial stand- 

 ards tor otJKTS and the removal of the 

 many monopolies of every kind and 

 cliaratter that arc known to exist. How- 

 ever, so long as \\ays and means are de- 

 veloped and maintained to keep indus- 

 trial prices and the standard of wages 

 far above that which would otherwise 

 exist under the free operation of the 

 law of supply and demand, American 

 agriculture will have no other pleasure 

 tlian to continue aggressively and I hope 

 in a more determined manner, to seek tlie 

 necessary assistance of C'lovernmcnl to 

 keep agriculture on a plane of euuality 

 with other groups. 



Should We Ignore? 



"I know of no group of citi/ens who 

 have a wiiler inHuence in their respective 

 communities, or who should better Linder- 

 stand the serious etfecf upon price levels 

 of tarm products and farm values that 

 results from excessive supphes, than do 

 the bankers of this State and Nation. 

 Should we ignore, or should we face the 

 fact that on April 1 this year, government 

 reports show, there was piled up on the 

 farms of the N.ition l.or.^.oooooo bush 

 els of corn and lO.OOO.OOO bushels in 

 terminal elevators. Keep in mind this 

 is the result of only one year of normal 

 weather without acreage adjustment. This 

 is close to sOO.oOO.dOO bushels in excess 

 of our normal i.irry-over and r><)(),()()().()00 

 bushels more than the previous year. 



"I ilo not hesitate to predict tliat un- 

 less the acreage planted to corn this year 

 is very materially reduced anil normal 

 weather conditions follow, that the price 

 of this important grain will be reduced 

 approximately lO''; before late fall and 

 the price is now only about two thirds 

 ot its rightful exchange value. 



"Fvcry informed student of .igriculture 

 knows that the price of corn each year 

 largely determines the volume and there- 

 fore, the price of hogs in suci ceding 

 periods, and they also know that the 

 price o( cattle is largely influenceil bv 

 the priie of hogs. 



lUis now being predicted by market 

 K<1ys^sts i.onnected with the Hoaril of 

 Tradcj as well as tlie Crop Reporting 

 .Service of the Lnited St.ites Department 

 of Agriculture th.it unless adverse con- 

 ditions occur between now and harvest. 

 the wheat crop of the country will ap- 

 proximate 1. 1 OO.OOO.OOO bushels. If this 

 occurs, together with the carry-over of 

 last year's crops, there will be enough 

 wheat in the United States to meet all 

 normal requirements of the country for 

 two years 



AT PRODUCERS CREAMERY, CARBONDALE 

 Left, Mrs. Jesse Klein, Williamson county samples a sprig oi wild onion which oiten 

 gets into milk and cream this time oi year. How to get the {lavoi out oi butter is the 

 creameryman's toughest problem. 



Nineteen Rural young people irom Williamson, lackson, Union counties were on 

 the tour arranged by Frank Gingrich oi the lAA. The young iolks above are sampling 

 Prairie Farms butter. The Stringtown Clod Hoppers 5-piece orchestra iurnished music 

 at noon. Harry W. Day conducted a four through the Fruit Exchange Building. 



Look at the Facts 



With these conditions facing us and 

 their probable effect if not controlled. 

 I ask you. my friends, should we sit 

 idly by and listen to the cries of the op- 

 position and do nothing, or should we 

 proceed .iggressively despite such opposi- 

 tion, look facts sc|uarely in the f.ice. take 

 advantage of our opportunities before it 

 is too late and cooperate in securing the 

 necessary adjustment which any soundlv 

 operated business would seek. Onlv bv 

 such cooperation can farmers feel assured 

 that the surplu.ses already .iccumulated 

 will find their way to market during the 

 late summer, fall and winter, without 

 serious etTecl upon the price levels of this 

 basic grain. 



"It is too Lite to do much about wheat 

 sinte wheat was largely planted long 

 before the enactment of the Agricultural 

 Adjustment Att of I'H.S. However, 

 shouki corn producers show a wide- 

 spread interest in and cooperate with the 

 Agricultural Adjustment Act of UHS, 

 I firmly believe it will be a comparatively 

 easy m.itter to secure from Government 

 the needed assistance for storing and 

 controlling to a large extent, the oncom- 

 ing surplus of wheat, and thus assist 

 in maintaining higher price levels ^lian 

 would otherw ise exist. 



If corn farmers, who in many cases 

 art also wheat farmers, display indif- 

 ference or opposition to the corn adjust- 

 ment program, will the Government be 

 justified in believing that wheat farmers 

 would make the necessary adjustment in 

 next years wheat acreage so as to make 

 feasible a substantial loan on this year's 



Wheal I II K lira 11 c*** 



Wheat crop insurance sponsored by 

 the Federal Crop Insurance Corpora- 

 tion will be offered Illinois farmers at 

 either 75 or "^O per cent of the aver- 

 age yield established for their farms. 



Premiums payable in advance of the 

 seeding of the 19.^9 crop will be pay- 

 able in bushels of wheat or the cash 

 cijiiivalent of the wheat at the time 

 premium is paid. Any losses, likewise, 

 will be paid in wheat or its cash equiva- 

 lent at the time the loss is paid. 



Premium rates will vary depending 

 on the county and individual farm. In 

 Illinois the basic county loss figure per 

 acre for ""S per cent insurance varies from 

 .'i to .6 of a bushel in such counties as 

 Morgan, Massac, Menard and McDon- 

 ough up to 2.2 and 2.S bushels in such 

 counties as Cook, DuP.ige, Kane, Kendall 

 and LaSalle. For 50 per cent insur- 

 ance the basic county loss figure varies 

 from .1 bu. per acre in Menard and 

 Massac counties up to l.i bushels in 

 Kendall county. In determining the 

 premium rate for each farm the aver- 

 .ige county loss figure is used along 

 with the six-year average loss for each 

 farm. The two figures are averaged 

 to get the figure rate. 



The program will be administered 

 under the direction of the soil conser- 

 vation committees, and protects the in- 

 sured against the usual hazards of 

 weather, disease, and insect damage. 



:rop.- 



Chas. M. Hunter, Abingdon, is super- 

 visor of the wheat crop insurance pro- 

 gram for Illinois. 



10 



I. A. A. RECORD 



