Cattle Profits Around the Bend by Al Swegle
Cattlemen face price pressure with potential year start losses if slaughter rates stay flat. Finney notes a possible fall price bottom as supply balances, while the feeding sector breaks even at cow costs. Grain price shifts unlikely to help profits. grain sales and Soviet buying impact noted. ANCA and USDA beef grading debate lingers after court halting plan. federal rulings due in October. Bicentennial note recalls 1776 diary remark on town movement and plague-like street closures.
MENTIONED IN THIS ARTICLE
Finney
Cattle Industry Hits Breakeven Forecast for 1977 Says Finney
Farm News reports cattle leaver Wray Finney, 45, stating beef cow slaughter up 45 percent from last year and that the beef industry could reach breakeven next year with profitable levels likely in 1977. Finney, first vice-president of the American National Cattlemen’s Assn, notes experts once expected a return to profits only by 1978.
MENTIONED IN THIS ARTICLE
Wray Finney
the Gazette
Finney
American National Cattlemen's Assn
Penny Power Dream Squashed by Rising Electric Rates
The Linn County Rural Electric Cooperative warns that penny a kilowatt electricity is unlikely as costs rise with energy prices. Manager Jack Hicks cites coal and petroleum price links, noting current rates around three cents per kWh and a likely jump to four cents within years. The ice storm’s impact, plus 30 employees serving 1,000 more customers, shows the cooperative absorbing costs without widespread rate increases.
MENTIONED IN THIS ARTICLE
Jack Hicks
Linn County Rural Electric Cooperative
Hicks
Linn
Tinn Rural Electric
Lounsberry Denounces Select Label on Ungraded Beef
Iowa official Robert Lounsberry criticized the use of ungraded meat labeled as select, saying it harms beef producers while consumers pay near choice prices. He noted only about a third of meat today is graded choice and farmers face losses of 85 to 120 dollars per 1000 pound steer.
MENTIONED IN THIS ARTICLE
Des Moenes
Robert Lounsberry
Lounsberry
Southeast Asian Farmers To Iowa Resettled
About 500 Southeast Asian farmers, mainly Thai Dam livestock producers, will be resettled in Iowa after a U.S. relocation plan. Iowa officials, led by Gov. Robert D. Ray, expect first arrivals in a month or more from a refugee camp along the Mekong. The move, financed by the Indochina Resettlement Act, aims to place farmers in rural Iowa communities.
MENTIONED IN THIS ARTICLE
Des Moines
UPI
Iowa
Laos
Robert D. Ray
U.S. State Department
United States
Mekong
Thailand
U.S
Coleen Shearer
Iowa Employment,security Commission
Indochina
Shearer
Towa
Silage Demonstration Friday Near Vinton
A silage harvesting demonstration at the Leroy Biebelkorn farm near Vinton begins at 1 30 p m with three extension specialists speaking on harvesting high quality corn silage growing corn for silage and operating choppers The event includes demonstrations of five brands of silage chopping equipment by four Benton county implement firms at 2 30 p m followed by a discussion
MENTIONED IN THIS ARTICLE
Vinton
Leroy Biebelkorn
Highway 218
Mitch Geasler
Long State University
Jerry Gogan
Cedar Rapids Ares
George Ayres
ISU
Benton County
Also Mentioned on This Page
Fred Richmond
D-N.y
Grave City
Minn
Minnesota
Richmond
Bronx
Rick Nolan
D-Minn
By al Swegle
US Agriculture Department
Lowa
ANCA
USDA
Omaha
Peter Shenkirk
New York
Wray
Farm News
Penny
Imienards
Hitchen
Ceel
Tre Dorset
Sor
EEE
Rene Budweiser
Kimg OF
Bioard
Che
16Th Ave
W Colonial Bakers
ANT
Johnson’s
Graciou Lyi Rad
Amy Doram
Renards Coskuoy Lumber
Avenua
Cedar Rapids
Qury
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