$3.48. At 90 per cent of parity th< national support price of 3.5 pet cent milk. Dec. 15, was $3.18 pet cwt. New support prices will be an notineed April 1 as requited bv 1 law. The effect on fluid milk pro pincers will be indirect and wil vary according to markets, Mr Morgan says. The most immediatf effect will be n lower surplus . price, thus causing the averagt price to be lower. Fluid milt prices are slower than other farrr : prices in moving up or down. In the last three months, then lias been a slight weakening o demand in' some fluid markets Preliminary reports indicate thai ; in some markets sales have level ed off and in others are off 1 oi I 2 per cent from a yeai ago. At th< same time production is up meaning an increase in surplus Indications are that the last prici ; increase tended to bring about : : cut in fluid milk sales in souu markets. i Mr. Morgan says with manu facturing prices near support leve and Class 1 prices at their preseiv level, the premium tor Grade / milk over manufactured milk wil be unusually high. This will in
58.3%Friday, January 30, 1953 — The Farmville herald and farmer-leader · Page 12
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“$3.48. At 90 per cent of parity th< national.” Farmville Herald, January 1953.
“$3.48. At 90 per cent of parity th< national.” Farmville Herald, Jan 1953.
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58.30% mean segment confidence