The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1918-12-19

| producer and the insurance OF an ade-
quate future supply
These foreign orders are placed
upon the basis of cost of hogs to the
packers.
AS the result of Ions negotiations
between this body and the Packers
committee, representing the 40 to 80
packers participating In foreign or
ders, together with the Allied BUYERS
all under the Craftsmanship of the
Food 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-ordnated purchases
of pork products, covered In the at
tached, it is agreed that the packers
participating In these orders will I'M
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 throwouts. "Throw-outs"
to be defined as pigs under 100
pounds, stays, boars, thin sows and
sklps. Further that no hogs OF any
kind shall be bought except throw
outs at less than $1650 per hundred
pounds. The average of packers
droves to he construed MS the average
of the total sales in the market of all
hogs for given day. All the above
to be based on Chicago.
We agree that IA committee shall be
appointed by the Food Administration
to check the daily operations I'm the
various markets with a 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 IA 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.
If 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 Ii is en-
tirely beyond the ability of the pack
therefore we must have the co-Opera-
ton of the producer himself to main
tain these results. 1t is a physical
impossibility for the capacity of the
packing houses to handle a similar
over-flood of hogs and to find market
for the output. The packers are anX-
ious to cooperate with the producers
in maintaining sterilization of price
and to see that producers receive a
fair price for their products.
(Signed) THOS. e. WILSON,
Chairman Packers Committee.
The plan embodied above was adopt.
; ed by the conference.
|, The Food Administrator has appoint
ed committee, comprising Mr.. Thorn
as E. Wilson, chairman of the Pack
ers' Committee; Mr.. Everett Brown,
president of the Chicago Livestock Ex-
change; Major Roy of the Food Adj
mnistration, Mr.. Louis ID. Hall of the
Bureau of Markets, to undertake the
supervision of the execution of the
sion men are asked to cooperate in
carrying out the plan embodied in the
packers agreement. 1t must be evi
dent that offers by commission men &c
! sell hogs below the minimum estnh
lshed above is not fair, either to the
: producer or the participating packers
Mr. Brown has undertaken on behalf
Of the commission men I'm the United
States that they will Loyalty support
r the plan.
! 1t is believed by the conference that
r this new plan, based as it is upon u
, positive minimum basis, will bring bet
4 ter results To the producer than aver
I age prices for the month. 1t does not
+ limit top prices and should narrow
q the margins necessary to country buy
: ers in more variable markets. II J.,
4 believed that the plan should work GU
f close to S1S average.
Swine producers of the country vii
: contribute to their own interest by
@ not flooding the market, for it must h'
, evident that if an excessive over per
u centage Of hogs is marketed in Hn,
, one month price stahiliZatiOn and 'oa
= troll cannot succeed, ard it is cerlai
n that producers themselves can coutFi
n butte materially to the efforts of til,
. conferences If they will do their mark
@ citing In as normal way as possible.
e The whole situation as existing a
l. present demands frank and cxpl:ci
h assurance from the conferees repre-
/ namely, tfat every possible
f effort will he made 10 maintain a liv
h hog price commensurate with swim
n production costs and reasonable sell
l. ing values in execution of the declaf
/ ed policy of the Food Administration
J. to use every agency in Its control 4
Il secure justice TO the farmer
} The stabilization methods adopte
= for November represent the best II
+ forts OF he conference. connurred 4
e by the Food Adlrilna.ratiUL AID H.