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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 15, 1966
Page
9
The USDA reports the U S cattle industry is in a seventh cyclical downturn since the 1880s with 1965 ending seven years of buildup. Cattle on farms declined after a 1964 high of 107.6 million. if current slaughter trends persist, inventories could fall by about three million head by next January.
Rex Conn says the $30 hog market era ended as receipts rise and prices ease toward normal ranges. He notes many farmers had no hogs to sell at peak prices, but current prices in the mid twenties remain favorable. Demand from a booming economy and high employment should keep production expanding without disastrous price drops.
Linn Co-Op Oil Company schedules its annual meeting for Thursday at 10 am in the Armar ballroom Marion. Dinner at noon precedes an open house in the new facilities at 325 South Thirty-fifth Street Marion. Principal speaker is Ernest T. Lindsey from Kansas City Missouri senior assistant manager of the Consumers Cooperative Association.
The Agriculture Department says pork prices will ease in the second half of 1966 due to higher hog slaughter and growing rowerings. Prices may fall further if poultry output rises, while tighter beef supplies could limit the decline. Overall livestock prices were favorable to producers in 1966.
Hamp shire owned by William Lenhart of Tama won the carcass division in the Tama county swine show. The animal weighed 228 pounds and had a 30 inch carcass length, 6.20 square inch loin eye, and .88 inch backfat. Results from the heavy weight division included third place for Lenhart’s Hampshire. other top pigs listed with players from Gladbrook Garwin Buckingham. New Johnson County Swine Producers officers were named John P. Wall president Paul Sladek vice president and Richard Oberman secretary treasurer.
Rep. Neal Smith argues for a government financed soybean reserve to protect markets and prevent substitutions. The plan would release diverted conservation land to grow beans and buy them into a reserve sold at 2.90 per bushel, despite current rules against soybeans on diverted acreage. In Iowa City, a weed and insect control clinic will be held Friday at the county fairgrounds Montgomery hall from 10 a.m. to 3 p.m.
The West Union Chamber of Commerce plans a four breed district dairy show on July 1g at the Fayette County Fairground. Breeds to be shown include Jersey Guernsey Ayrshire and Milking Shorthorn.
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