The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1919-01-31

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 long negotiations
between this body and the Packers
Committee, representing the 45 to so
packers participating In foreign Or
ders. together with the Allied buyers.
all under the Craftsmanship Of the
Food Administration. the following un-
dertaking has been given by the pack
ers:
In view Of the undertakings on the
part of the Food Administration with
egard to the co-ordinated purchases
OF pork products. covered In the at
Nched, 1t is agreed that the packers
participating In these orders will un-
dertake not TO purchase hogs for less
n a he following agreed minImums
for the month OF November, that Is a
daily minimum of SIT. so per hundred
pounds on average OF packers droves,
excluding thrOw-outs. "ThrOw-outs'
to be defined a. pigs under 100
pounds, stays, bears, thin sows and
skips, Further, that no hogs of any
kind shall be bought, except throw
outs, at less than Sl6.5O per hundred
pounds. The average Of packers
drOves to be construed rs the average
Of the total sales in the market Of all
hogs for o given day. All the above
to be based on Chicago.
We agree that a committee shall he
appointed by the Food Administration
70 check the daily operations In the
various markets with 81 view TO super
vision and demonstration Of the carry
Ing out Of the above.
The ability Of the packers 20 carry
out this arrangement will depend on
there being a normal marketing OF
hogs based upon the prOpOrtioDate in
crease over the receipts OF last year.
The increase in production appears to
be q maximum OF about Is per cent.
and we can handle such an increase.
II the producers OF hogs should. az
| they have In the past few weeks, pre-
matRrely market hogs In such incrcas-
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. 1t is a physical
impossibillty for the capacity Of the
| packing houses TO handle q similar
over.food of hogs and to find 4 market
for the output. The packers are anx-
ious to cooperate with the producers
In maintaining q stabiIization Of price
and to see that producers receive a fMIr
price for their products.
{Signed) TflOS. +. WILSON,
Chairrpan Packers Committee.
The plan embodied above was adopt
ed by the conference.
The Food Administrator has appoint
ed Il committee. comprising Mr.. ThOplas
E. Wilson, chairman of the Pack
ers' Committee; Mr.. Everett Brown,
president OF the Chicago Livestock FIX
change: Major Roy Of the Food Adj
ministration, Mr.. Louis d. Hall Of the
Bureau of Markets, to undertake the
supervision of the execution of the
plan in the various markets. Commits
sion men are asked to cooperate in
carrying out The plan embodied i'm the
packers agreement. II must be evil
dent th~at.OfTers by commission men to
sell hogs below the minimum cstab-
lished above is not fair, either to The
producer or the participating packers.
NJ. D.o,,n hoe ,n1nrtalrnn ON hGhnJf
of the commission men in the Cnil1d
States that they will loyalty support
the plan.
1t Is believed by the conference that
I this new plan, based as 1t is upon a
positive minimum basis, will bring bet
ter results TO the producer tina aver
age prices for the month. II 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 out
close TO SIS average.
Swine producers of the country Will
contribute TO their own interest by
not flooding the market. for ii must Toe
evident that II an excessive over per
centage OF hogs Is marketed In. any
one month price stubiliZafion and con
troll cannot succeed, anil II is certain
that producers themselves can contr'.
butte materially 10 the efforts of the
conferences if they will do their mark.
citing IN as normal a way as possible.
i The whole situation as existing NJ
present demands n frank and explicit
= assurance from the conferees repre-
:. sented-namely, that every possible
effort will be made to maintain a live
hog price commensurate with swine
production costs and reasonable sell
ing values In execution OF the declared
policy Of the Food administrator
to use every agency in It's control to
secure Justice to the farmer.
:. The Sterilization methods adopted
/. for November represent the best ef
; forts If the conference, concurred III
nv ti,a Eaod Administrator and tbS