Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1922-07-05
FARMERS SHOVE
MARKET UPWARDS
Hogs Higher At South st. Paul Than
Other Western Points Co operation
Is Called Reason u
BY Farm Bureau -News Serr,y,7i,

%* By Farm Bureau~News Service
! Something has happened to the hog
market at South st. Paul. 1t has &C:
quired the habit of being higher than
other western markets.
In fact, according to j. r. Reed
president Of the Minnesota Farm Blu.
reau federation, the prices paid for
! hogs this year at the South st. Paul
market are more nearly equal to Chi.
cago prices than they have been for
many long years. Never is long
time, but Mr.. Reed, who has been rails
ing and marketing livestock most Of
his life, and watching market reports
at the same time, believes that Min
nesota farmers marketing hogs at
South St. Paul never before have re-
ceived prices that were so high in com
[parison with the prevailing prices on
the Chicago market. 81.
Market statistics this year consist
emily show South St. Paul hog prices
ranging higher than the prices at
Sioux City and Omaha Mr.. Reed
said. 7. s
Experienced statesmen on the South
st. Paul market have been wondering
about it. They couldn't see why the
South St. Paul hog market was rum
ing so close to the price level of the
Chicago market. But when you in
vestigate market statistics, it isn't
hard to find out what has happened
to the hog market at South st. Paul.
1T can be explained in one word
cooperation.
':There is new element in market
ing livestock at. South st. Paul today.
The farmers of Minnesota, co-operat-
ing to some extent with farmers in
Wisconsin,, North Dakota and South
Dakota, are marketing nearly one
third Of all their livestock through
their own terminal agency.
"In the first five months of this
year, the Central Cooperative Com
mission association handled 5,S49 car
loads Of livestock. The whole market
handled only 23,OS7 cars. !
I'm the first five months of this
year, the farmers own agency handled
292, 746 hogs.
''The farmers were sending more
than % per cent Of the South st. Paul
hog supply through one channel, their
own company. Their own company,
owned and controlled by farmers, has
only two purposes: one is to handle
livestock efficiently and reduce. market
ing expense, the other is to obtain
the full market value for the farmers
product. .5:es z,..s. ~ Is ~. 49,
''The buyers of hogs cannot ignore
the farmers agency when it controls
fourth or third of the whole avail
able supply Of hogs. We know posi-
lively that the influence Of the Cen
trail Cooperative Commission associa-
ton has served to stabilize the mar
ket. We know that it has kept hogs
up to their full market value when
buyers were ready to let the price
drop. - -. - Is 81
"Official government reports of hog
prices, based on bulk sales on the Chi
cago, Omaha, Sioux City and South
st. Paul markets show conclusively
that the hog market at South st. Paul
is consistently higher this year than
the other western markets.
!; 1--WE farmers have argued that co
operative marketing not only would
reduce the cost Of marketing but also
would stabilize prices and tend to give
: the producer the full market value O!
:, his product. Now We, are seeing posi-
tive proof that this is true 4. 5..
''The Central Cooperative Commits
| sion association has saved livestock
shippers more than $4,000 in the sur
plus it has set aside after paying al
! it's expenses for the first ten months
Of it's life It has saved the shippers
lat least another $4,000 by reducing
commission charges and literally fore
ing private. companies to cut .theil
!, charges too. 5, .ss =.
J But these savings are small and al
most insignificant in comparison witt
i the great achievement of stabilizin;
I. the market, and putting the Mime
sofa terminal more nearly on a leve
with the Chicago market than eve
before. Cooperation of local shipping
associations all over the northwest ha!
made this achievement possible e b,
putting a large volume of business ii
the hands of the cooperative market
ing agency. The! whole northwest will
reap the benefit, HIS
i'nFMhNn ami lNeIcTU