The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1918-12-13
STFlDIE6 nOC Markets PLANNED
Hoo Producers and Packers Confer With Repre-.
sentatives Of the Food Administration and
Agricultural Department and Adopt
New Plan Of Regulation.

lJJJ6Ut dJt0 NuVps
Regulation.
Food Administration since ~ fOundA-
he agricultural Industry on o~ccaston&
10 industry, ON October 24 there wAt
the Lave Stock Subcommittee Of rs
members representing the swfAf
hog market.
n. and during this time met with ~
3 arms participating in foreign orders
}. OF the Food Administrator 0irsAtne
we're a. fOllOws:
producer and the insurance of an a6s-
Quate future supply.
These foreign orders are places
upon the basis Of cost Of hogs to o.
packers.
As the result Of long negotiations
between this body and the Packer6
Committee, representing the As to %
V0AACbC R0I tiNAR0lsh h Oh<8 -
ders, together with the Allied buyerx
all under the Chairmanship of tn
Food Administration, the following uA-
dertaking has been given by the pack
ers:
In view of the undertakings on TIL,
part Of the Food Administration wiz
regard to the c0-Ordinated purchases.
of pork products, covered In the st.
tached, IT is agreed that the packera
participating In these orders will un-
dertake not to purchase hogs for len
than the following agreed minimizing
for The month Of November, that Ia 3
daily minimum of $3.50 per hundred
pounds On average Of packers droveA,
excluding thrOw-Outs. "ThrOw-OutS'
to be defined as pigs under 100
pounds, stngs, bOars, thin sOws n
skips. Further that no hogs Of any
kind shall be bought, except throw
outs. at less than $3.50 per hundred
pounds. The average of packers
droves to be construed as the average
Of the total sales in the market of ali
IoSS lot Il given uHN. AL iHC uOOSc
to be based on Chicago.
We agree that a committee shall be
appointed by the Food Administration
to check the daily operations In the
various markets with a view TO super
vision and demonstration of the carry
Ing out of The above.
The -abIlltyof the packers to carry
out this arrangement Will depend On
| there being a normal marketing a
hogs based upon the proportionate IN
crease over the receipts OF last year.
| The Increase IL production uppears t.
be a maximum Of about Is per cent
and we gan handle such an increase
II the producers o. hogs should, as
they have I'm the past few weeks, pre-
maturcly market hogs IN such increas-
ing numbers over the above IL Is en-
tirely beyond the ability Of The pack
ers to maintain these minimurAS, %
therefore we must have the co-Opera-
ton of the producer himself to main
tain these results. II is a physician
| impossibility for the capacity of the
packing houses TO handle a similaS
Over-fOod of hogs and 10 find a market
for the output. The packers are anx-
ious to cooperate with the producers
in maintaining q Sterilization of price
and to see that producers receive q
fair price for their products.
(Signed) THOS. r. WILSON.
Chairman Packers Committee.
The plan embodied above was adopt.
ed by the conference.
The Food Administrator has appoint
ed a committee, comprising Mr.. ThOm
as E. Wilson, chairman Of the Pack
ers' Committee; Mr.. Everett Brown
president of the Chicago Livestock Ex-
change; Major Roy Of the Food Ad-
ministration. Mr.. Louis D. Hall Of the
Bureau of Markets, to undertake the
supervision Of the execution of the
plan in the various markets. Commh-
sion men are asked to cooperate IN
carrying out the plan embodied In the
packers agreement. 1t must be owl
dent that offers by commission men to
sell hogs below the minimum estah-
! lished above is not fair, either to the
producer or the participating packers.
Mr.. Brown has undertaken on behalf
of the commission men In the United
| States that they will leyallys support
the plan.
It is believed BY the conference that
this new plan, based as It is upon q
positive minimum basis, will bring bet
fer results to the producer than aver
age prices for the month. 1t does not
limit top prices and should narrow
the margins necessary to country buy
ers In more variable markets. 1t is
believed that the plan should work cut
close to $18 average.
Swine producers of the country viii
contribute to their W interest by
not flooding the market, for 1t must be
evident that If an excessive owe per-
centage of hogs II marketed In any
one month price stabilization and COR
troll cannot succeed, and 1t Is certain
that producers themselves car contrd-
butte materially to the efforts of<the
-.-zOoo1 20 %ho~ will ID thn;r pGcs2r