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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jul 03, 1974
Page
15
Shirley Thornburg invites relatives and neighbors to a large Fourth of July gathering at Quail Roost Farm in Thornburg. Guests will bring basket lunches, swim, and enjoy games. Recipes include Sweet Potato Bake and Kathryn Treadway Pork and Bean Salad.
The article traces how cattle producers like Bill Frank in Colorado and Florida ranchers face slumping prices, rising costs, and debt as market dynamics shift. It notes discussions in Congress on loan programs, trucker strikes, and a wide squeeze from feed, grain, and pasture costs while processors and retailers profit, with industry players like Kentfield, Farr, Montfort, and Pantry Pride impacting the supply chain.
The American National Cattlemen's Association says members have lost over 1 billion dollars since September due to falling livestock prices. Perry Meyer, a Bancroft Nebraska banker, told a recent congressional meeting that the impact is widespread among producers like Frank and Kentfield.
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