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Ada Weekly News in Ada, Oklahoma

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Newspaper

Ada Weekly News

Location

Ada, Oklahoma, United States of America

Date

Apr 15, 1976

Page

1

Taiwan becomes major U.S. grain customer for five year pact

Taiwan and U S grain companies signed a five year deal to buy 10.2 million metric tons of grain and soybeans by 1981. Officials expect purchases to rise, with Taiwan viewing grain as a buyer’s market but seeking stability.

Washington Republic of China Taiwan U.S Soviet Union Russia Y.T. Wong Board of Foreign Trade Ministry of Economic Affairs Wong United States

Feedlots prosper as grain-fed beef rises

AP Farm Writer reports grain-fed beef output reached a two year high while lean nonfed beef supply contracts from record levels. Prices for fed cattle show potential bottoming as March gains hint at rising market sentiment amid easing feed costs and stableJanuary February hog prices around 47 to 49 dollars per hundred.

Washington USDA Slaugh

World cotton outlook appears bright for 1976 77 gains

Government analysts say world cotton production should rise in 1976 77 to ease last season’s short supply. U S output is expected to grow as farmers shift from soybeans to cotton due to favorable prices. France remains a major exporter and importer of U S farm goods as U S sales to France total 412 million dollars last year.

Don Kendall Washington U.S International Cotton Advisory Committee Agriculture Department France Department Foreign Agricultural Service

U S forecasts record grain crop amid weather and planting

USDA officials in Washington express optimism for a bumper 1976 grain harvest despite drought in the Southwest and late spring planting. Assistant Secretary Bell predicts a higher corn output than 1975, while winter wheat losses from drought influence revised projections and April reports will update acreage and yields for major crops. The government also raises the honey support price to 29.4 cents to aid beekeepers.

Washington Agriculture Department United States Great Plains USDA Richard E. Bell Southwest Bell San Diego Calif U.S Department

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