Study links rising farming costs to calls for price supports
Washington economists warn production expenses per acre for major crops may rise 18 to 26 percent in 1980, with total costs varying by crop and location. The Agriculture Department notes fuel, fertilizer, and interest impacts push costs higher, especially for corn and wheat, pressuring calls for higher loan rates to protect farmers.
MENTIONED IN THIS ARTICLE
Washington
Carter Administration
White House
Agriculture
Bob Bergland
Walter F. Mondale
Stuart E. Eizenstat
Bergland
Congress
Agriculture Department
Mondale
Eizenstat
U.S
USDA
Economics, Statistics and Cooperatives Service
Livestock Prices Seen Rising This Summer
Des Moines Iowa expert forecast a summer rebound in livestock prices with hogs bottoming out and cattle prices improving moderately. ISU extension economist Gene Futrell expects choice steers to average 66 to 69 dollars per hundredweight July to September, rising to the low 70s by early 1981, while feedlots adjust placements and slaughter declines. Wilson Foods CEO Ken Griggy notes demand weakness but sees light at the end of the tunnel as supply tightens.
MENTIONED IN THIS ARTICLE
Des Moines
Wilson Foods
Ated
Futrell
Iowa
Wilson
Griggy
Farm Roundup FFA district judging crowns Lincoln champs
Lincoln School of Stanwood dominated the district Future Farmers of America judging at Kirkwood Community College farm with Teree Thomson topping 50 contestants and Craig Smith taking second in individuals. The Lincoln team also won with Thomson Smith and Brian Jackson. Solon, Fairfield, Muscatine, and Mid-Prairie followed. State contest at Iowa State Fair in August looms.
MENTIONED IN THIS ARTICLE
Lincoln School
Stanwood
Future Farmers of America
Kirkwood Community College
Teree Thomson
Gary Thomson
Craig Smith
Thomson
Smith
Joana Henke
Muscatine
Scott Erickson
Soviet harvest outlook improves after poor weather
The Agriculture Department’s Foreign Agricultural Service estimates the 1980 Soviet grain output at 190 to 220 million metric tons, rebounding from 1979’s 179 million. A prior forecast ranged 190 to 230 million and the target is 235 million.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
Agriculture Department
Department
Foreign Agricultural Service
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Target
Ft . Sioux City
Dubuque
Highway 149
Rapids
Hampton Village
St Louis
Medallion Center
Dallas
Iowa State University Extension
Gene Futrell
Ken Griggy
Wilson Foods Corp
Wilsons
Cedar Rapids
Cherokee
Clarinda
Westdale Mall
First Avenue S.E
Lindale Mall
FFA
Iowa Agricultural Department
Humboldt
Wright
Hardin County
Robert Lounsberry
Lounsberry
Fred Morgan
Square Deal Insurance Co
Ames
UPI
Tim Baughman
Denison
Ed Knupp
Vinton
Doug Larsen
Underwood
Dawn Nelson
Atlantic
Clark A. Smith
Fairfield
Lori Stakey
Stratford
Bernie Tobin
New Market
Hope Truckenmiller
Sibley
Iowa State University
Hilton Colosium
National Club Congress
Chicago