Europe drought may help U.S. farmers
Western Europe’s drought boosts 1976 grain imports to a record with about 32 million metric tons, lifting U.S. corn demand and signaling possible higher prices as a larger U.S. crop expectation emerges. Japan remains the top buyer of U.S. corn at about six million tons.
MENTIONED IN THIS ARTICLE
Washington
Europe
Agriculture Department
USDA
Western
Department
U.S
Bell
Japan
Peanut totals in good shape for May 31
U S Department of Agriculture reports commercially held peanut stocks at 1.39 billion pounds as of May 31, up two percent from a year ago. May milling rose 25 percent, while shelled peanut output fell 10 percent. Crush for oil jumped, exceeding 129 million pounds, more than tripling year earlier use.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Crop Reporting Board
Kansas Wheat Crop Ranks Third Largest On Record
Kansas farmers finish harvests showing the 1976 crop as the third largest on record. Officials and growers note the season defied forecasts amid winter droughts insect invasions May freezes and hailstorms. Earl Hayes of the Kansas Association of Wheat Growers Moe Johnson of the Crop and Livestock Reporting Service cite forecasting difficulties and surprising yields.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Kansas
Earl Hayes
The
Kansas Association of Wheat Growers
Moe Johnson
Kansas Crop and Livestock Reporting Service
Plans for 1977 farm programs amid possible stockpiles
The Agriculture Department drafts 1977 production plans as harvests lag. If 1976 results align with USDA projections, large wheat and corn reserves could form. Officials weigh whether to reimpose acreage set asides and how programs adapt as winter wheat planting approaches.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Credit plan expands U.S. farm exports to $4.4 billion over 20 years
The CCC export credit program financed about $621 million in commodities in the year ending June 30, lifting total exports to $4.4 billion since inception. Top users include South Korea, Poland, Pakistan, Indonesia, and the UK, with 25 countries participating.
MENTIONED IN THIS ARTICLE
U.S
Europe
Washington
Agriculture Department
Department
Commodity Credit Corporation
CCC
Food For Peace
South Korea
Poland
Pakistan
Indonesia
Philippines
Peru
United Kingdom
Morocco
Greece
Cattle Industry Slump May Last Through 1978
Economists warn the U S cattle industry may remain weak into fall 1978 as demand and supply shift. Feeder cattle face losses over 100 per head while cow slaughter affects prices. ground beef and away from home meals rise in share.
MENTIONED IN THIS ARTICLE
Houston Ward
Outlook
Oklahoma State University Extension Service
United States
Ward
Also Mentioned on This Page
Richard E. Bell
Usda International
Asia
Western Europe
Soviet Union
Spain
Portugal
Australia
Foreign Agricultural Service
Hayes
Salisbury
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