The Farmville herald. (Farmville, Va.) 1957-current, 1958-09-09
Corn

Corn
This week viii probably see the
end Of the unusual demand tor early
new corn and the prices that 10
with ii.
Corn prices, held up BY Ok
tremely short supplies Of old corn
in Virginia. dropped back III some
markets last week. IS corn BEGAN
to roll in Eastern corn counties.
Next week. prices probably will
drop back further to a more nor
nal harvest low Of about a nickel
over December futures. which stood
last week at slI8.
II the market you sell in is still
paying better than Sl35 this week
better harvest and sell. even if
moisture is high
# Your market has already ad-
pusted below this point It will PROB
ably pay to leave corn III the field
until it sets dlier. # Your farming
operations viii permit
II You are IN i commercial com
county and within Your allotment.
better get some farm storage ready
Support price if you are eligible
VIII be sl5l basis L S. No. 3 Re
member there is 20 support for
noncompliance corn this year.
Support in Honcommercial coun-
ties is only Sll3. 70 storage prob
ably VII not pay il YOU can har-
vest soon.
The nation has the second largest
corn crop on record. ana Virginia
farmers IN all areas are reporting
record Yields and a crop g per cent
above the Short crop last year five
per cent above the 10 year average
High yields will probably reduce
acreage cut Tor silage. and increase
grain supplies even more
Virginia corn prices last week
RANGED from SIP al Wlconlico
Church through 81 36 at Richmond.
sl35 70 Sl4o in Norfolk % sl.65
at Rockingham IN the Valley
Hogs
Il looks Ike last weeks STRENGTH
in beg prices is a temporary hest
tation III the usual downward SEA
sonal trend
This year 5 hog p~ice pattern has
been following along like last years
except that the summer peak and
the fall decline came a little earlier
Confusing The picture are a very
light supply Of hogs coming to
market IN Virginia on the one hand
and q heavy supply in the Midwest
on the ether
But the national picture sets the
trend and national slaughter for
the past five weeks has been run
ming seven to eight per cent above
last year.
In August, Iowa hog growers re-
ported intentions to market rec
ord supply III September. four per
cent above last year and 30 per
cent above their flve-year average.
Hogs in Richmond brought $40. IS
to $40 p last week. and Virginia
auctions averaged 5000. In Chi
cag0 hogs we're $3.50 to $40. 30.
Indianapolis S2025 to $40 80 a a
Baltimore top S2l.75 to S22. On the
whole, prices were up 35 10 50
cents.
Sweet Potatoes
II looks Ike the prospects are
Slim for any strengthening Of sweet
potato prices right away.
Harvesting il Virginia is now
underway, and growers on the
Shore are receiving $500 to 81. Is a
bushel for packed out Nemagolds.
Nemagolds under the quality label
have been bringing 25 cents quality
premium. but demand is relatively
SLOW for sweet potatoes and sales
have been light.
Cannery sweets this week brought
Sl.00 to 81 10 a bushel.
Virginia has increased its acreage
Of sweet potatoes IL per cent over
last year and production is up IA
per cent OF this, the Eastern Shore
is producing 90 per cent. For the
nation-sweet potato crops are
down one per cent from last year,
but New Jersey. Maryland. Louis
ana. and Texas have bigger crops
this year along with Virginia.
Barley
You stand to get better price
for barley if you, can sell before
the nnW cr0il nf corr, Gil. | h y