Beef prices rising for farmers may lift consumer beef
USDA analysts project live cattle prices may climb by late spring or summer as producers hold more cattle on pasture. Retail beef prices rose in April to 1.42 a pound, aided by a smaller farm to retail spread, while live cattle markets and hog production shift. Officials predict overall meat prices to edge higher this year with pork remaining strong.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
George Hoffman
Department
Economic Research Service
Omaha
USDA
Egg Lays Hit Record May 1 As Hens Continue Output
The Agriculture Department reports May 1 egg laying rate at 65.1 per 100 layers, a record for that date, with 270.1 million hens in the flock, down 1 percent from a year ago. Lamb prices rise as U.S. sheep production declines. beef and pork supplies forecast for June.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
San Angelo
Tex
Fertilizer prices dip as supplies rise for 1976 planting
The Agriculture Department reports fertilizer price indexes down 19 percent from a year earlier by mid April, with anhydrous ammonia averaging 191 a ton on April 15. Dropping costs follow 1973-75 spikes, aided by higher production and easing foreign demand, encouraging more use on crops if weather cooperates. By May 16, corn planting reached 79 percent, well above last year, while spring wheat progress varied by state.
MENTIONED IN THIS ARTICLE
Agriculture Department
Farm machinery costs rise on two year span
The Agriculture Department notes large tractors rose from about 14500 dollars in 1974 to 20900 dollars in 1974 amid a 44 percent jump over two years. Similar increases affected combines and other implements as demand outpaced supply during the inflationary period.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
White House
Council On Wage and Price Stability
U.S
Grain Talks With USSR Likely To Focus On Information Exchange
Agriculture Secretary Earl L. Butz said U.S. Soviet talks planned for early next week will center on information about grain stocks and the long term pact. The agreement calls for six to eight million metric tons yearly for five years starting Oct. 1 with potential increases if needed. The Soviet delegation includes EX PORT KHLEB chief Victor Pershig and deputy minister Boris Gordeyev.
MENTIONED IN THIS ARTICLE
Washington
Earl L. Butz
U.S
Butz
United States
Russia
Associated Press
Victor I. Pershig
Port-Khleb
Boris Gordeyev
Soviet Union
Feed grains use to rebound slowly amid rising livestock output
Agriculture Department projections say total feed grain consumption will not regain former peak levels for a couple of years despite higher livestock output and a potential record corn crop. Domestic feed use rose to 156.2 million tons in 1972-73, then fell to 115 million tons as prices and herd dynamics shifted.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Economic Research Service
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