Export monitoring blamed for slump in soybean prices
Alan Hudson and Merlyn Groot led a press conference calling for immediate removal of export restrictions. They cited a $150 million drop in international soybean trade last quarter and said government action devalued farmers’ holdings by at least $1.2 billion, about $3000 per farmer.
MENTIONED IN THIS ARTICLE
Hudson
Alan
Merlyn Groot
Mansun
Iowa Soybean Assn
American Soybean Assn
Groot
Export controls spark soybean price drop and trade fears
Ralph Jackson of the American Soybean Assn. and others criticize Ford admin options to curb grain sales to the Soviet bloc. They warn export monitoring raises prices and creates a psychological barrier, reducing U.S. soybean share in Western Europe and inviting further restrictions.
MENTIONED IN THIS ARTICLE
Ford
Soviet
Russia
Groot
Ralph Jackson
American Soybean Assn
Iron Curtain
Jackson
Ihe
The Great Cheese Sale at Illinois State Fairground
An elderly couple checks their bargain purchase after a National Farmers Organization cheese sale at the Illinois State fairground in Springfield. About 40,000 pounds were offered from a truck with a $6 price for a five pound block, drawing a long line hours before the scheduled start.
MENTIONED IN THIS ARTICLE
National Farmers Organization
Springfield
NFC
Farmers Discuss Cutting Back on Corn Production
Farmers in the corn belt urge a 20 percent reduction in corn planting and production citing high costs and fertilizer shortages. The National Corn Growers Assn based in Boone supports curtailment unless the government raises the loan level to $2.40 per bushel. Local growers across Iowa including Vinson Perkins and Les Mitchell argue higher input costs and falling prices require scaled back acreage.
MENTIONED IN THIS ARTICLE
Boone
Les Mitchell
Akron
National Corn Growers Assn
Walter Gaeppinger
Iowa
Vinson Perkins
Perkins
Coming Farm Auctions Near Coggan to Stanwood
Advertised farm sale notes from The Gazette Farm Pages list multiple near term auctions. Items include machine livestock dairy cattle beef cattle hay and feed with locations and times spanning Coggan Hopkinton Delhi Urbana Urbana West Branch Stanwood and surrounding routes. Specifics include buyers Donald Knapp Harold Eilers Max Dolmage Delbert Albin Sands and Sands Leroy Cuppy Harry Hegarty with close out sale times from morning to early afternoon and various farm goods.
MENTIONED IN THIS ARTICLE
Johnie Fulmer
Urbana
Delhi
Leroy Cuppy
West Branch
Angus
Harry Hegarty
Stanwood
China Cancels U.S. Wheat Orders Amid Low Demand
A Memphis trading firm says China canceled about two thirds of U.S. wheat contracts set for shipment from February through September 1976. The cuts total roughly 600000 metric tons as officials cite a strong harvest and possible plant disease concerns affecting Pacific Northwest wheat.
MENTIONED IN THIS ARTICLE
China
U.S
Washington
Cook Industries Inc
William E. Barksdale
Cook
Agriculture Department
Richard FE. Bell
Pacific Northwest
Also Mentioned on This Page
The
Cedar Rapids
Tues
By al Swegle
Rarm News
Corn Growers Assn
Carson
Mitchell
Donald Knapp
Coggan
David Thomson
West Liberty
Vinton
Mach
Lawrence Janasen
Newhall
Sat
Goode
Harold Sperllage
Central City
Ervin Kim
Rich Etscheidt
Bill Hungerford
Iowa City
Sth Ave
Jess Faychlar
Blue Cross
Blue Shield
Wrogislarad
Robert J. Sedenka
Benton and
Linn Counties
Lloyd Schaufenbuel
Des Moines
Sioux City
Johnson County
Bert Vincent
Donns and
Cedar Counties
Edward A. Schlatter
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