The Farmville herald. (Farmville, Va.) 1957-current, 1959-09-29

Corn
Don't look for any price en-
enlargement on corn until the UNI
usually heavy harvest load eases
up
Favorable weather conditions
havef made harvesting with h e
picker shelter move along rapidly
this year. This has resulted in a
current over supply on Virginia
markets in a great many cases.
BY all means, look at the loan
,, program advantages before you
rush your corn to market. T h e
loan rate Of Sl23 for number three
corn with a maximum of 20A2 per
cent moisture is still available re-
gardless of the county you are in
The nations corn crop is up pro-
ductionWise by five per cent from
the last estimate on August |. Pro-
duction is now slated to run 1882
COO .0c0 bushels that's Is per cent
overs the previous record of last
year and s. per cent above the ten
year average.
In Virginia last week number two
yellow shell corn was being de-
livered to buyers in Norfolk at ST 04
to 81 o. in the Northern Neck area
at Sl0l to Sl03. Richmond-Peter
burg 81 09 Piedmont area S1.l5 to
81 % and IN the Shenandoah Val
ley 81 % to 81 80
SoybeanS
There S not much possibility of
price strengthening in the next few
weeks, but all indications point to
a poSt-harvest price rise later in
the year
If YOU are planning HARVESTED
market movements of your beans
this season. it would be wise to
look into the alternate storage pos
SlbllitY il may make YOU some
money The possibilities look better
than they have for any Of the past
several seasons
1t looks like production will fall
short Of meeting the estimated de-
mand for both export and domestic
markets The two year drought in
the far east Is cutting supplies and
giving a boost to export demand
Latest estimate on the w. S Pro
dGction shows 532 $50 900 bushels
which is seven per cent below last
year.
And Virginia crop prospects are
running four per cent less than a
year ago due mainly to lower pros
poets for late planted beans
Some limited movement Of the
early varieties OF Soybeans has al /
ready begun IN Virginia Buyers in /
the Norfolk area are paying 100 to
81 o. a bushel last week Richmond
buyers were paying slal
Virginia support this year is 81 80 |
a bushel and for the nation Sl85
Feeder Calves
50 far. feeder calf prices are
lower this vear-the steers
are about So below last wear and .
heifers So lower And if YOU re in
teres.ed in feeding this year. you
should look at this heifer price right
now
The fan calf sales got underway
last week. and demand was good +
with receipts going about 80 per
cent heavier than last year
Good choice and fancy steer
calves in the 350-5oo pound range
sold for s3l 10 s36 with several
lot at s37 to s37 US. Weights Of
500 TO $50 pounds brought s29 to
S3l.
The good. choice and fancy heif- !
e.s calves $50 to 500 pounds we're /
largely s26 to s29 IS. Heavier weight (
and medium grades sold mostly 500 /
to S27
Yearlin~s
Yearlngs in the four graded sales
sold about 30 cents lower than the /
previous week sales Good choice |
and fancy grade steers weighing I
700 to geo pounds We're brinoino
mostly s25 to s27 with lighter
weights topping around SRI Medium I
grades were about 81 below these
prices. Better grades Of steers over
900 pounds were mostly S24 to S25. /