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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 30, 1967
Page
7
Secretary Freeman announced a reseal program for 1967 crops Wheat corn sorghum soybeans oats and barley under price support loans. Farmers may reseal on farm or in storage to extend loans through spring and summer 1968 with CCC paying storage costs.
Washington UPI reports Agriculture Secretary Orville Freeman will delay hearings on proposed increases to bottling and fluid milk prices. Dairymen press for 50 cent per hundredweight raises and 90 percent parity on manufacturing milk, while Freeman cites declining sales and ongoing studies. Industry officials fear continued dairy exits without price action, with no decision until study results and possibly not before year’s start.
In Fairfax the Iowa Cedar Valley Hereford sale saw 55 calves average $168.72 with 46 steers at $162 and 19 heifers at $174.75. Top steer brought $250 from LeRoy Marcus sold to George Minish. top heifer $265 from Marcus to Larry Brinning. Sale manager Royal Tuttle praised strong heifer demand. special honors included a $20 check and a $25 saving bond for 1967 fair winners. Tom Sherlock acted as auctioneer, Barbara Arp clerked.
Washington dairy farmers in the Puget Sound market begin receiving a Class I base price under a new plan tied to the federal milk order market. Each farmer gets a base price per 100 pounds based on prior fluid-milk deliveries, with a lower price for milk above the base. A separate bill to permanently limit dairy imports stalls in Congress amid broader import-control talks. Whole milk sales dipped about 1 percent this year while skim milk sales rose, according to the National Milk Producers Federation.
A series of upcoming sales details are listed including dairy cattle hay oats straw and machinery sale near Hopkinton on October 11 at 12 30 pm. Anamosa sale barn hosts Hereford lab calf sale on November 3 at 7 30 pm. Harris auction near Cedar Rapids closes out November 4 at 10 20 am with machinery tools and household goods. DeWitt hosts Midwest Quality Club Calf Assn sale at 7 pm. Hawkeye Downs hosts Angus club steer and heifer sale on November 6 at 7 am. Alvin Wright plans a 100 acre farm and livestock sale near Troy Mills on November 11 at noon.
Iowa State University economist Gene Futrell says world production of wheat, feed grains and oil seeds, plus higher U.S. prices, will keep farm exports below forecasts this year. He cautions that global demand and production influence exports and that policy makers and farmers must fine tune to balance stocks and profitable prices. If achieved, income potential for commercial farm operators should be relatively good in coming years.
Rex Corn reports Secretary of Agriculture Orville Freeman moves fast to offset low grain prices with a 1968 feed grain plan to retire 30 million acres next year. Grain storage cost paid by government to keep crops in farmer hands. Freeman may raise Class I prices, while cooperatives push for higher prices in several markets.
The Omaha Bank for Cooperatives announces its 34th annual meeting in the Omaha Civic Auditorium. The event will discuss sustaining sound productive agriculture as a pillar of national prosperity and economic prudence.
Washington world rice supply is described as critical by the US FAO linked study group. Production failed to keep up with population growth in major rice eating regions, driving per capita rice availability to its lowest level in 12 years.
The American Hereford Association board approved adding performance trails and carcass data to the ROM system. The existing ROM remains until the 1970 list. breeders can qualify with 100 show points and 100 on feedlot performance and carcass data. The change aims to identify sires with superior conformation growth and carcass value.
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