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American Agriculturist, October 6,1923 
233 
Protect Your Milk Check 
G. L. F. Emergency Dairy is Distinctly a Fighting Ration 
In conference with manufacturers of some 
of the necessary ingredients, it has been repeat¬ 
edly stated that dairymen are able to pay the 
increased cost of these ingredients because they 
are receiving a better price for their milk. 
Our answer to this is that you should not be 
compelled to do so and 
that we are not serving 
your interests if we permit 
such injustice when previous 
years have brought small 
milk returns, and especially 
so when other basic ingredi¬ 
ents are available at reason¬ 
able prices. 
Why Feed Prices 
Advanced 
At no time since the Pool 
opened have prices on the 
chief ingredients been at a 
level which would permit pur¬ 
chases that would establish a 
fair relative price as compared 
to last year’s bookings. 
Short selling of wheat feeds 
has been prevalent. Many feed 
manufacturers came out with flat season prices 
which would not permit replacement, but antici¬ 
pated seasonal declines which did not occur. 
Early buying was urged and considerably stimu¬ 
lated. On top of this came a very dry season 
and poor pasturage, which further increased the 
demand o 
Cash corn, because of scarcity, became very 
high. Gluten manufacturers reported light pro¬ 
duction and flour mills which sold and antici¬ 
pated production on the basis of sixty-five to 
seventy-five percent of capacity worked at only 
about thirty-three percent during August, and are 
still operating on the lightest seasonal produc¬ 
tion known for years. 
Basic supplies are plentiful and cheap. Cur¬ 
rent quotations of September 20, 1923 as com¬ 
pared with September 20, 1922 reveal North¬ 
western bran prices $10.00 higher, local bran 
$9.50 higher, and Chicago September wheat almost 
six cents lower. Still, in many places in this State, 
farmers are receiving less than $33.00 per ton for 
milling wheat and paying close to $40.00 for bran. 
Gluten feed is approximately 
$17.00 higher today and $3.00 
higher than the highest price 
of the 1922-1923 feeding sea¬ 
son, while corn, its basic com¬ 
modity, is less than $7.50 per 
ton higher. Hominy is about 
$8.00 higher or more closely 
in line with the highest cash 
corn values. Cottonseed meal 
is about $8.25 higher and oil 
meal out of Northwestern 
mills about $14.00 higher. 
With crops of wheat, corn, 
oats, barley, cotton and flax 
generally better than the ten 
year average and many of 
the crops far in excess of 
last year’s production, it 
would scarcely seem justice 
to you or the carrying out of 
your trust, to in any way 
contribute to further arti¬ 
ficial Stimulation by attempt¬ 
ing to cover your require¬ 
ments on the Milk Maker 
and Exchange Dairy formu¬ 
lae, even were the supplies of ingredients avail¬ 
able at the existing levels. 
Substitute G. L. F. Emergency Dairy 
The price on G. L. F. Emergency Dairy is 
reasonable for season shipment. It is but $1.75 
a ton higher than the low summer price on Ex¬ 
change Dairy. All who ordered on the feed pool 
are protected by the price on this ration against 
higher markets. If prices work lower they will 
be immediately reflected in the cost of Milk 
Maker and Exchange Dairy. The thing to do is 
to use the Emergency Dairy Ration. When lower 
prices come you can go back to Milk Maker and 
Exchange Dairy if you so desire. 
Professor Savage’s 
Endorsement 
JN offering EMERGENCY DAIRY as 
■* a substitute for the tried and 
well known Milk Maker and Ex¬ 
change Dairy, the G. L. F. is to 
be commended. The substitution 
i will make it advantageous to wait 
until the markets adjust them¬ 
selves on the ingredients which go 
into the original rations. EMER¬ 
GENCY DAIRY is highly digestible, 
uses only the finest quality high- 
protein ingredients and over-runs 
its guaranteed analysis sufficient 
to make it a real substitute for 
Milk Maker as well as Exchange 
Dairy. It will give very satis¬ 
factory results. 
/ hope that those who have 
ordered in the Feed Pool will co¬ 
operate with the G. L. F. in its 
fight for reasonable prices on 
public formula dairy rations. 
COOPERATIVE G.LF. EXCHANGE, INC. 
Feed Department Buffalo, N. Y. 
