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RECORD 



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Number 10 



OCTOBER, 1934 



Volume 12 



i! r< III « • 



A-' 



1935 



orn 



-H 



og Program 



•TRADE WINDS 



Here Are Some of the Principal Provisions Being Considered 



SIX point crop adjustment and 

 storage program for corn and 

 hog producers in 1935 was 

 recommended by Mid-West Farm Bureau 

 leaders at a recent conference in Chi- 

 cago with officials representing the Ag- 

 ricultural Adjustment Administration. 

 The recommendations were favorably 

 received. Similar conferences have been 

 or will be held with farm groups in other 

 sections of the country. ; ' :i^ / 



i.; The program, which at this writing is 

 receiving favorable consideration, would 

 provide for: '''' t7?''/'''r'----:- '^^■•''^■■■y-w^'^''' <■•'''■ '■'. 

 . 1, A one-year corn-hog adjustment 

 plan (for 1935 only) with a reduc- 

 . tion of corn acreage similar to that 

 of 1934 using the same base for 

 each farmer. Readjustments 

 would be allowed where land has 

 • been transferred, c 



Pay contract signers two-thirds as 

 much per acre for contract or idle 

 ground as they will receive under 

 the 1934 agreement. 

 Allow use of contracted acres for 

 any purpose other than the pro- 

 duction of grain. 

 ^o limit on production of hogs but 



2. 



». 



:\ V pay contract signers $1 per head 

 /^ on the domestic allotment of hogs 

 to each producer. 



5. Finance program by a processing 

 i tax of 10c per bu. on corn and a 



: processing tax of $1 per cwt. on 

 hogs from Nov. 1, 1935 to Nov. 1, 

 1936 or an alternative plan of re- 

 ; ducing the present tax of $2.25 to 



$1.50 on Nov. 1, 1934 and continu- 

 ing at this rate until Nov. 1, 1936. 

 (Consideration is being given to levy- 

 ing compensating taxes on other com- 

 modities benefiting by the grain acreage 

 control program so as to make possible 

 a lowering of the tax on hogs.) 



6. Make loans on corn up to 75% of 

 the parity price level to contract 

 signers, s---. ■ ' ^-. v::--- ^^: ^ ■■ ■■-.•■■: 



The object of the program for 1935 is 

 to safeguard present price levels for 

 corn, hogs, and other grains and livestock 

 and to re-establish parity prices for 

 such basic crops as have not yet reached 

 that level. ; >^-:.;^ %"-:■'■■. r-. , '..■■.■..^.■■■■■■.: .y.- ■ 



While Farm Bureau leaders more than 

 two months ago recommended in a con- 

 ference with AAA officials at Washing- 

 ton a simplified one-contract per farm 



/fecfiiciion 



grain acreage adjustment program for 

 1935, the planning division of the AAA 

 points out two serious obstacles to 

 achievement of such a desirable situation 

 next year. One is that the wheat ad- 

 justment program still has another year 

 to run. The other is a legal department 

 decision holding that benefit payments 

 must be made to producers of the com- 

 modity on which a processing tax is 

 levied. This would complicate distribu- 

 tion of revenues if processing taxes, to 

 pay for grain acreage reduction, were 

 spread over a number of commodities. 



Administration planners advised that 

 a one-contract system per farm to con- 

 trol acreage was both desirable and 

 sound and would be effective as a perma- 

 (Continued on page 4, Col. 1) 



3 -^ 



. ' > 



The new home for the Intematicnal Livestock Exposition at the Chfca^o Stock Yards is going forward to rapid completion. It will h© r»eady in time 

 for its 35th anniversary this year, December 1-8, says Manager B. H. Heide. 



On each side of the amphitheater will be a huge two-story building for housing exhibits. Each ef the wings measures 165 x 810 feet. The north wing will 

 have a direct connection with the Stock Yard Inn, now being remodeled. The entire ehow will be housed under one roof. Fireproof construction throughout 

 including a concrete roof, and sky-light ventilators mechanically operated, are part of the new construction. .:.?-'- ■''■■'■■■:;■ y/\ -^i . '■^-rr--. 



I'ubl'shed monthly by the Illinois Agricultural Association at 165 So. Main Street, Sponcer, Inrl. Editorial OfflceB, 608 So. Dearborn St., Chicago, 111. Entered 

 88 fiprond flass mattor at post office, Spencer, Ind. Acceptance for mailing at special rates of postage provided in Section 412. Act of Feb. 28, 1925, 

 liiithoriBed Oc^ 27y 1925. Address all commnnlcations for publication to Editorial Offleefi, Illinois Agricultural Associntlon Record, 608 So. Dearborn St., Chlcsgo. 



