Meat Supplies to Dip in 1975 Despite Beef Record
David H. Stroud of the National Live Stock and Meat Board says red meat production will fall in 1975 from 1974 levels due to a 17 percent drop in pork, with per capita carcass-weight availability totaling 36.4 billion pounds. Beef leads with 119.5 pounds, pork 54.8, veal 4.1, and lamb 2.0 per person, though retail weight would be lower. He notes beef consumption may set a record while pork per capita remains at a 40 year low.
MENTIONED IN THIS ARTICLE
David H. Stroud
National Live Stock and Meat Board
Meat Board
Stroud
Richard E. Bell
Senate Commerce Committee
Soviet Union
Europe
Bell
Washington
Agriculture Department
Rural banks gain FHA backing for business loans
The Farmers Home Administration under the Agriculture Department issues rules to ease rural bank financing of business and industrial projects. Under the Rural Development Act of 1972, the FHA guarantees up to 90 percent of loans and allows lenders to sell or assign guaranteed portions to investors, expanding access via private markets while preserving government backing on defaults. Since 1974, commitments reached 1,155 projects totaling 635.7 million, with default rates under 1 percent.
MENTIONED IN THIS ARTICLE
Washington
Farmers Home Administration
Agriculture Department
Congress
Weekly publication shifted to Wednesday for Christmas
Reminder that the weekly issue will appear on Wednesday next week due to the Christmas holiday. Writers must submit their correspondence by Tuesday at noon to meet the early date, or late submissions will wait until the following week.
Cattle industry shows signs of recovery in feedlots
USDA livestock experts report a rebound in feedlot activity after 20 months of losses as large grain crops and record exports push feed costs down. Ranchers still face calf losses from cow inventories, but a firmer feeder market may emerge within a year amid improving grain economics.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
George Hoffman
USDA
Economic Research Service
Hoffman
Farm Index
Texas cattlemen sue to stop USDA brucellosis action
The Texas and Southwestern Cattle Raisers Association filed in federal court to block USDA funding cuts and a quarantine on Texas cattle. The suit names Agriculture Secretary Earl Butz and officials of the Animal and Plant Health Inspection Service and seeks a declaratory judgment and injunction.
MENTIONED IN THIS ARTICLE
Paul Becton
Texas
USDA
Hilman G. Moore
Richmond
Fort Worth
Farm exports on target for 1975 76 growing year
The Agriculture Department reports July October exports at 6.8 billion dollars up 10 percent from last year with total 1975 76 exports projected at 22.7 billion dollars. Wheat soybeans and cotton led gains while rice oil meal and tobacco fell.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Economic Research Service
United States
Soviet Union
Also Mentioned on This Page
Home Administration
Usda Agency
India
John B. Parker Jr
Parker
Bryan Moser
Oklahoma Wildlife Conservation Commission
Moser
Sequoyah County
Delaware
Okmulgee
Caddo
Cherokee
Adair
Atoka
Pittsburg
Pushmataha
McCurtain
Texas Cattlemen
Oklahoma
Duty Rowe
Oklahoma Cattlemen’s Association
Lawton
Oklahoma Crop and Livestock Reporting Service
Rowe
P. O
Oklahoma City
Okla
Environmental Protection Agency
Moore
EPA
TSCRA
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