Experts Predict Soybean Prices to Fall on Record Harvest
Government experts say a 17 percent rise in spring planting could yield a 1.5 to 1.7 billion bushel soybean crop, possibly driving farm prices to 5 to 6 dollars per bushel for 1977 78. Despite weather, exports, especially to the USSR and Japan, support demand. 1976 77 farm price is seen at 7.32 with 810 million bushels domestic use and 570 million exported.
MENTIONED IN THIS ARTICLE
Washington
Chicago
Brazil
Agriculture Department
Outlook Board
Europe
Ussr
Japan
Watkins Talks Beef Import Reform With Bergland
Congressman Watkins described a meeting with Secretary Bergland on low cattle prices and foreign beef imports. Bergland agreed to form producer consumer group to revise import laws and move quickly to solutions.
MENTIONED IN THIS ARTICLE
Bergland
Watkins
Gressman Watkins
May imports fall sharp as coffee hits farm trade balance
Washington reports agricultural imports in May declined nearly 12 percent to under 1.26 billion dollars led by a drop in green coffee bean shipments. Officials say new farm trade projections arrive next month and the August 19 release will detail 1976-77 exports and imports.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
U.S
Fertilizer Usage Up Sharply in 1976 77 Season
The Fertilizer Institute reports farmers used substantially more fertilizer this year than in 1976. May shipments rose 10 percent from the prior year, and the first 11 months of the 1976 77 season show a 7 percent larger disappearance from producer inventories, indicating higher usage.
MENTIONED IN THIS ARTICLE
Washington
The
Fertilizer Institute
World cattle counts fall while US fruit intake rises in 1976
Global cattle inventories declined for a second straight year led by the United States and Canada with 4 percent drops, as drought and low beef prices reduce herds. US per capita fruit consumption rose to 221.9 pounds in 1976, the highest since 1946, while Australia and New Zealand also reported herd declines.
MENTIONED IN THIS ARTICLE
Agriculture Department
Washington
United States
Department
Foreign Agricultural Service
Canada
Australia
New Zealand
U.S
Moscow
Land Values Drive Farm Worth Higher in USDA Review
USDA analysis shows average U.S. farm assets rose to 230.5 billion on Jan 1 from 2016, led by real estate gains. Liabilities rose to 37.0 billion, keeping debt to asset at about 16 percent. Total farm assets nationwide reached a record 634.3 billion, largely in real estate valued at 461.3 billion.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Economic Research Service
U.S
Usda Agency
Grasshopper Invasion Prompts OSU Entomologist Warnings
OSU extension entomologists report a grasshopper surge across the state. They urge control on lawns gardens and ornamentals with Le vin Malathion Diazinon and caution on crop use with Sevin Malathion Diazinon Toxaphene or Parathion. Adults are tougher to stop. spray around gardens and lawns with Toxaphene where not grazed by cattle.
MENTIONED IN THIS ARTICLE
Osu
Coppock
Also Mentioned on This Page
Oklahoma
Northwest
Southwest
Ada Gardener
Wright
S. Stockton
Soviet Union
Ned Biffle
Ada
Bermuda
Biffle
Freddy Squires
Stan Coppock
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