Palm Oil Competes With Soybeans In Global Markets
The Agriculture Department says foreign palm oil remains a major rival to American soybeans and that prices are unlikely to move much through 1979. A high protein soybean demand could offset some oil price drops, keeping soybean prices near 4.30 to 4.85 per bushel over the period.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Economic Research Service
Malaysia
Indonesia
U.S
Earl
Home prices rise at 22 percent annual rate
The Federal Home Loan Bank Board reports new home prices surged to a 22 percent annual pace, with February median at 43000 and up from 38000 a year earlier. The analysis warns rising prices could limit first time buyers and threaten housing industry revival despite higher construction.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
Savings and Loan
Idabel Area Hit Hard By Storms
Severe thunderstorms in McCurtain County Oklahoma with winds near 100 mph demolished five mobile homes and blew roofs off two houses. No injuries were reported as power lines and debris blocked roads until crews cleared them. Broken Bow reported three trailer homes destroyed by the same storm system.
MENTIONED IN THIS ARTICLE
Idabel
Okla
McCurtain County
Oklahoma
McCurtain
Sheriff's Office
Broken Bow
Oklahoma Highway Patrol
Beef prices rise while pork stays steady say USDA figures
Preliminary USDA data show beef prices climbing at supermarkets to about 1.39 per pound in April from 1.35 in March, with may rise toward 1.43 by month end. Pork prices eased to under 1.37 but edged up late April, as beef price trends influence meat costs and larger broiler and pork supplies loom midyear.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Expansion in livestock production tied to record grain harvests
Government experts say a second consecutive large grain harvest could spur expansion in meat milk and poultry output and help ease consumer food prices. USDA projects 1976 wheat around two billion bushels with a strong spring crop and a 6.0 to 6.7 billion bushel corn yield possible, potentially lowering farm grain prices by fall and boosting livestock feeding.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
U.S
Department
USDA
Great Plains
Kansas
Colorado
New Mexico
Oklahoma
Texas
March U S meat and dairy output hits records
Agriculture data show March yields for meat at a record 3.51 billion pounds with beef at 2.32 billion pounds. Pork rose 12 percent year over year to about 1.1 billion pounds while butter and cheese also posted gains though overall dairy lagged last year.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Crop Reporting Board
Also Mentioned on This Page
Donna Carter
Ross High School
Dino Martinez
Wesbanco Co
Oklahoma City
Martinez’ Company
Miss Carter
Martinez
Don Cook
L. Butz
Congress
Butz
United States
Agriculture
Earl L. Butz
Agricultural Stabilization and Conservation Service
Washington, D.C
Soil Conservation Service
J. Don Cook
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