Harvard economist urges subsidy to shift farmers to other work
Harvard economist Hendrik Houthakker proposes transitional acreage payments to persuade marginal farmers to seek jobs elsewhere. The plan aims to end subsidies as agriculture adjusts to a broader economy and return to a free market with minimal price disruption. He notes no subsidies for new farmers and stresses honest messaging about limited farming futures.
MENTIONED IN THIS ARTICLE
Washington
Harvard University
Hendrik
Houthakker
U.S
American Enterprise Institute For Public Policy Research
Farm income seen little change in 1968 outlook
Daly forecasts 1968 U S net farm income near 1967 level at about 14.75 billion dollars with a possible one billion dollar gain in gross income offset by higher production costs. He notes large 1967 supplies kept prices down and that livestock and poultry output may set records again while retailers expect modest food price rises.
MENTIONED IN THIS ARTICLE
Washington
United States
Rex F. Daly
US. Department of Agriculture
Department
Daly
USDA Says Tight Money To Continue Into 1968
The Agriculture Department says tight money will persist into 1968 with adequate funds for farmer loans. Short term credit demand rose in 1967 and will likely increase, while real estate loans fell due to higher rates and stricter lending. Life-insurance loan supply may shrink, and central money markets are expected to tighten further. Town farms reporting chickens dropped from 73 percent in 1955 to 32 percent in 1966.
MENTIONED IN THIS ARTICLE
Daly
Washington
UPN
Agriculture Department
Department
U S fertilizer use rises 8 percent nationwide
Farmers and gardeners used 8 percent more fertilizer in the crop year ending June 30 than the previous year. Total usage reached 37.1 million tons on cropland pasture and other acreage, up from 34.4 million. The Great Plains saw the largest gains with Illinois leading states and California second.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Great Plains
California
Northeast Iowa chemical dealers meet in Decorah
Agricultural chemicals dealers in northeast Town plan a meeting on November 36 at 6 45 p m in the Decorah Legion hall.
MENTIONED IN THIS ARTICLE
Sdecorah
Decorah
Upcoming Farm Auctions Staged Across Several Iowa Towns
A series of farm sales listed for November and December includes Holsteins dairy cattle machinery and grain at addresses near Dundee Independence and Coggon with multiple executors and bidders. Notable auctions feature Shorthorns Guernseys and 4H club calves plus livestock hay straw and farm tools.
MENTIONED IN THIS ARTICLE
Darrel Hymer
Dundee
Independence
Marie E. Wackerbarth
A. Madill
A.m
William Herbst
F. Breia
Adultery board miscounts schedules adult classes return
Don Shepard, a Williamsburg instructor, announces the closing of a coinpicking break and the return of Wednesday night classes on agriculture. The next class is scheduled for Nov 22.
MENTIONED IN THIS ARTICLE
Don Shepard
Vung
Williamsburg
Don
Beef and Poultry Per Capita Consumption Hits Record High
US 1967 per capita consumption of chicken turkey beef and veal reaches new highs. Eggs and pork rise from 1966 while lamb and mutton fall. Ready to cook chicken at 37.5 lbs per person, turkey 2.8 lbs, beef veal 109.2 lbs, pork 61 lbs.
MENTIONED IN THIS ARTICLE
Washington
U. S
USDA
Meat consumption figures show fall from mid-century peak
The report notes overall meat intake highest since 1964 but 22 percent below 1950 levels. It cites lamb and mutton at 3.7 pounds per person, down 0.3 pounds, unchanged from 1965.
Net Farm Income Down Ten Percent From 1966
USDA ERS reports realized farming income for the year at about $14.75 billion, roughly 10 percent lower than 1966's near record $16.4 billion. Declines stem from lower cash receipts smaller government payments and higher costs. Cash receipts near $43 billion, payments around $3.1 billion, costs about $34.4 billion.
MENTIONED IN THIS ARTICLE
Washington
USDA
Economic Research Service
Farm share of nation s food spending down
The Agriculture Department estimates that of the 85.5 billion dollars Americans will pay for food from the nation s farms domestic producers will get 27.5 billion. The remaining 58 billion goes to the food marketing system including processors and distributors. Farmers pay drop by 600 million versus last year while marketing profits rise 32.7 billion over 1966.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
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Jane Olson
Phoisty
Fieyd Peters, Vinton
Lyle Olson
Atkins
Benton County
Vinton
Royal Tuttle
Norway
Jane
Iowa State University
The
Institute
Secretary of
Orville Freeman
House
Senate
Larry D. Hatfield
Ng Chemicals Meeting
Pam
Grein
Frank Ceyner
Coquilette
Monticei
Elza Powell
Bill Hacussler
Hu Good
George L. Buresh
Robins
Bob Klines
Bob
Klines
Vernon Fass
Leroy Banes
Vernon
Bissell
Wick
2Nd Ave
Kentile
Cook
Este
Sttex
Eran
Owens-Corning Fiberglas
A.B.C
Dacpiadl Tj. Hla
E. Cohn & Sons
St. Sw
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