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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 27, 1976
Page
4
Iowa State extension economist Gene Futrell notes retail pork prices lagged recent declines, boosting margins for middlemen. He cites packer to retailer markups climbing from 28-30 cents earlier to 47 cents in November and December, pushing overall pork margins higher than in 1974, 1973, and 1972.
An economist notes margins from farm to retail have widened since last fall, keeping retail pork prices high and squeezing hog producers. He cites variable farm and store costs, interrelated meat sector margins, and delayed retail price adjustments, warning of concern for hay and pork industries as farm prices fall below record highs.
A 15 page report by a scientific advisory council questions EPA cancer risk arguments used to ban several pesticides including DDT and Heptachlor. The council says tumor causation is not equivalent to cancer risk and warns against overgeneralizing animal test results.
State Sen. Joan Ore outlines two refund methods for farmers under a recent law. They may claim the refund as a credit on the state income tax by canceling permits or file invoices within 90 days of purchase for a cash-like refund, with deadlines for calendar-year filers set as January 31, 1976.
A chaotic OCR of farm auctions lists numerous close out sales and public auctions with times mainly at 12:30 p.m. and 1:30 p.m. It mentions buyers and sellers such as Robi Smith Glint Wagen Frausnholtz and Orva McAtee, with locations like West Liberty Brandon Monticello Center Point and Williamsburg.
Iowa State University agronomist Meeline Chink and Wayne Dietz from Northeast Iowa will discuss corn fertilizer management in Fayette. Topics include nutrient needs, application methods, economics, soil test recommendations, and corn cost.
The USPS unveils the third Bicentennial series embossed envelope honoring the American farmer. Following the seafaring tradition and homemaker issues, the farmer envelope debuts March 15 in New Orleans during the 74th National Farmers Union convention.
ANCA reports 1975 cow slaughter at 1.6 million head, up 4 percent from 1974 and signaling a reversal in the cyclical cattle herd buildup. Jan 1 cattle inventory approx 131.8 million. November slaughter at 1.2 million, December projected 1.3 million, both above prior projections.
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