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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Aug 15, 1973
Page
5
Washington reports show record crops yet short of demand as U S exports and prices surge. Agriculture officials note continued high grain prices amid large Soviet purchases and global shortages. Farmers face higher costs while consumers see rising bread and food prices nationwide.
The Agriculture Department warned food prices may rise 18 to 22 percent this year amid grain shortages. Officials expect Americans to spend about 135 billion on food, up from 125 billion last year, with real impacts on meat dairy and eggs as demand shifts to substitutes.
In Honolulu, scientists report a carnivorous inchworm found in Hawaii. Steve Montgomery, a University of Hawaii entomology student, discovered the first known predatory caterpillar and notes it could become beneficial if crops are affected, after further study.
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