The citizen. [volume] (Berea, Ky.) 1899-1958, 1918-11-21
STEADIER HOG MARKET
Continued from Page six)

Continued from Page six)
port demands appears to be amply
sufficient to take up the increase in
hog production, but unfavorable mar
ket conditions existing In October af-
ford no fair index of the aggregate
supply and demand.
1t must be evident that the enor-
nous shortage In fats In the Central
Empires and neutral countries would
Immediately upon peace result In ad-
ditional demands for pork products
which. on top Of the heavy shipments
TO the Allies, would tend materially
to increase the American exports, in
asmuch as no considerable reservoir of
supplies exists outside Of the United
States. II seems probable that the
present prospective supplies would be
Inadequate TO meet this world demand
with the return to peace. SO far as II
Is possible to interpret this fact. II ap-
pears that there should be even a
stronger demand for pork products
after the war. and therefore any alarm
Of hog producers as to the effect of
peace is unwarranted by the outlook.
In the light Of these circumstances
Il IL the conclusion Of the conference
that attempts to hold the price of hogs
TO the price OF corn may work out to
the disadvantage of pork producers.
II In the conclusion that any interpre-
tation Of the formula should be a
broad gagged policy applied over a
long period. II is the opinion of the
conference that In substitution OF the
previous plans of sterilization the
Live Stock Subcommittee Of the Agri-
cultural Advisory Board, together with
the specially invited swine representa-
tives, should accept the invitation Of
the Food Administration TO join with
the Administration and the packers In
determining the prices at which con-
trolled export orders are to be placed.
This will be regularly done. The in
fiuence of these orders will be directed
to the maintenance Of the common OBJ
ject-namely. the sterilization of the
price of live hogs so as to secure as far
~ 1t u possible fair returns to the
producer and the insurance OF an sde-
quate future supply.
These foreign orders are placed
upon the basis of cost Of hogs to the
packers.
AS the result of long negotiations
between this body and the Packers
Committee, representing the As to 80
packers participating In foreign or
ders, together with the Allied buyers,
all under the Craftsmanship Of the
rood Administration, the following I'M
dertaking has been given by the pack
ers:
In view of the undertakings on the
part OF the Food Administration with
regard TO the co-ordinated purchases
OF pork products, covered in the at
Nched, IL is agreed that the packers
participating In these orders will un-
dertake not TO purchase hogs for less
than the following agreed minimums
for the month Of November, that is a
daily minimum OF $3.50 per hundred
pounds on average OF packers droves,
excluding throw-outs. Throw outs"
TO be defined as pigs under 1870
pounds, stays. boars, thin sows and
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 all
hogs for given day. All the above
10 be based on Chicago.
We agree that committee shall be
appointed by the Food Administration
10 check the daily operations In the
various markets with view TO super
vision and demonstration OF the carry
ing out Of the above.
The ability Of the packers TO carry
out this arrangement will depend on
there being normal marketing OF
hogs based upon the proportiOnate in
crease over the receipts OF last year.
The increase In production appears To
be a maximum Of about IS per cent
and we can handle such an Increase.
IL the producers OF hogs should. as
they have In the past few weeks. pre-.
maturely market hogs in such increas
ing numbers over the above Il is en-
tirely beyond the ability of the pack,
ers 10 maintain these minimums. and
therefore we must have the cO-opera-
ton OF the producer himself TO main
tain these results. II is a physical
impossibility for the capacity OF the
packing houses. TO handle a similar