The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1918-11-15

The conclusions OF the conference
The entire marketing situation has
so CHARGED since the September JOINT
conference as to necessitate an ehtire
alteration in the plans of price stabi-
Ii ation. The current peace talk mas
l. rued the holders OF corn, and there
MS been price decline or from %
..nts 10 20 cents per bushel. Inc ract
ihoi the Accommodations OF low prlced
.orn i'm the Argentine ana South AIT
"a would, upon the advent OF peo''
and liberated shipping, become avail
abe TO the European marker mas crc
81 4, preat deal Of apprehension ON
he nrt of corn holders. This deciiie
h;,s spread fear among swine growers
thar similar reduction In the prices
of hogs would naturally follow. More
over. tile lower range Of corn prices
would. IL Incorporated In l3-to-i r"-
10. obviously result In continuously
Milling price for live hogs, In View
NJ these changed conditions many
swine producers anticipated lower
,-iccs and as result rushed thelr
.ocs 10 market I'm large numbers, ana
mis- overshipmcnt has added TO ana
AGGRAVATED the decline.
The information OF the Department
Of Agriculture indicates that the sup
plv OF hogs has increased about y per
cent. while the highest unofficial esti-
mnte does not exceed Is per cent in
creascA production over last year On
The other hand. the arrival or hHSs
during the Inst three weeks In the
seven great markets has been y per
con, more than last year, during the
/ corresponding period, demonstrating
| the unusually heavy marketing or the
available supply. III the face or the
excessive receipts some packers have
not maintained the price agreed ias'
month. on the other hand, many
Of the hackers have paid over the
nrice offered TO them ia an endeavo'
IN maintain the agreed price. The re
suIt I'm any event has been a failure
RI maintain the October price DuSs
determined upon 1T the September con
ferenre and undertaken by the pack
ers. Another fac,or conirihutlhE e
the break IN prices during the hohti
has been The Influenza epid'iaic; l
has shsrply curtailed consumption o
pork products and temporarily de
creosed the labor staff OF he packer
about - per cent.
The exports of l300oa.0e0 pound
Of pork products for October com
pared with about 5s,O0 60 pound
In October a year ago. ara IN
evport orders placeable by the Foo
Administration for ..oN ef'beT. amour
TO 10 100000 pounds asf CONTRAST
cd VIII the lesser exports o
oSor0 60 for November. 1917. Tn
Increased dpl.nndS OF the allies ar
continuing. end are In thepiSelve
nroof az the necessity for tile larg
nroduction for which the Food Admir-
istration asked The increase In e'
e.r. demnnGs appears 10 be ampl
. /, ...,,cient 10 take up the increase
hog production. but unfavoruhle ma
ket conditions existing IL October q
ford no fair index OF the aggregal
/, supply and demand.
I, II must be evident that the emo
!, nous shortage In fats In the Centr'
Fmpires and neutral countries woCI
Immediately upon peace result In a
; ditional demands for pork produc
: which. on top OF the heavy shipmen
q to the Allies. would tend material
!, 70 increase the American exports, /
.sm,icb ms no considerable reservoir
sunnlies exists outside of tie Unit
]. states II seems probable that q
nresent prospective supplies would
inadeouate 10 meet this world demar
with the return Ia peace So FAR as
In possible To interpret THIS i1ct. II
n.srs that there should be even
stronger Gemnnd for pork produC
after the war and therefore any alaI
: NJ hog producers as TO the elect
. .sce IS rnwarranted by the outlook
!; In the light OF these circumsian'
n In the conclusion OF the cohi'ieH
I! that attempts 70 hold the price OF no
. 70 the price OF corn may work our
: IN. disadvantage OF pork produce
-: 7, IL the conclusion that my interp
or tst,op OF .he formula should De
IN broad gagged policy applied over
az long period. II is the opinion OF
IN conference that in substitution OF
Ne previous plans of stabilization
=, live Stock subcommittee or the Az
to- cultural Advisory Board. together
nc, the specially invked swine represen
nd uves. should accept the invitation
in ~. Food Administration to join W
ely ,he Administrators and the packers
0. determining the prices at which c
md trolled export orders Are to be piac
IL This will Be regularly done. The
auence of these orders VIII be direc
IN, a. IN. maintenance Of the common
and iect-namely, the stAbffinAfion OF
but us,os OF I'VE hogs SO as to secure as
ind :. - possible fair returns -