Midwest Market News Reflects Lower Prices and Mixed Hogs
Iowa and neighboring states report undertones of firmness faded by Friday with hog prices down about 50 cents for 210 to 240 pound hogs. Corn and soybeans ease in value. oat and egg markets show slight moves. cattle demand shown as light to fair with limited sales and variable receipts for next week.
MENTIONED IN THIS ARTICLE
Des Moines
Midwest Corr
Meorrrauy
Inin
Towo (Ap
Towo
Iowa Department of Agriculture
U.S. Department of Agriculture
Livestock Futures Report Amid Mixed Trades
Market notes show hog futures trading near mid price levels with limited price moves. Livestock boards indicate tight liquidity and cautious demand, while nearby contracts reflect modest gains and ongoing volatility across the commodity pits.
Propane price hike alarms Iowa candidates and farmers
Iowa Agriculture Secretary Bob Lounsberry warned a possible 25 percent fall rise in liquid propane gas could add up to 25 million dollars to grain drying costs this fall. Democratic lieutenant governor candidate Robert Anderson warned of up to 50 percent increases, citing a 36 percent rise recently, while Norgas Co. questioned predictability before winter.
MENTIONED IN THIS ARTICLE
Iowa
Bob Lounsberry
Lounsberry
The
Gazette
Robert Anderson
Anderson
Newton
Norgas Co
Des Moines
Bill Green
Reagan administration postpones new dairy fee
The Reagan administration delays a $0.50 per 100 pounds milk dairy fee from Oct 1 to Dec 1, costing about $100 million in budget savings and drawing political criticism from Rep. Tom Harkin. USDA cites legal risk and a required 45 day comment period. the fee aims to curb rising costs of the dairy price support program and cut producers' guaranteed prices.
MENTIONED IN THIS ARTICLE
Ward Sinclare
Hon Post
Washington
Agriculture Department
Congress
John Block
USDA
Department
Federal Register
Block
Raymond D. Lett
Office of Management and Budget
Edwin L. Dale Jr
OMB
Rains Build Moisture Reserve for Next Year Crops
Crop experts note soaking rains create moisture reserves for next year. Fields are wet and muddy, with overcast skies harming this year’s corn and soybeans. John Creswell of Cedar Rapids advises checking stalk health for signs of rot and lodging to guide harvest timing and hybrid selection.
MENTIONED IN THIS ARTICLE
al Swegle
John Creswell
Cedar Rapids
Creswell
Grain prices hinge on rail strike risk, Illinois expert says
University of Illinois economist Lowell Hill warns that a railway walkout could worsen storage and pricing for a bumper harvest. He notes most Illinois grain moves by rail and limited barge access won’t fully replace rail shipments, leaving farmers with low prices if they must sell during the strike.
MENTIONED IN THIS ARTICLE
Urbana
Ill
UPI
America
University of Illinois
Brotherhood of Locomotive Engineers
Lowell Hill
Illinois
Midwest
Hill
Soviets Could Cut Grain Purchases In 1982-83
Washington AP Officials said the Soviet Union is expected to import about 44 million metric tons of grain in the 1982-83 marketing year starting July 1, down from last year’s 46 million metric tons. Canada and Argentina lead early sales while U.S. purchases fade since March.
MENTIONED IN THIS ARTICLE
Washington
Soviet Union
Agriculture Department
Canada
Argentina
U.S
Farm Bureau press secretary urges action on Reagan aid to farmers
In Washington a dozen state farm bureau leaders pressed Agriculture Secretary Block to act on six policy goals to lift the 1980s farm slump. They urged paid land diversions, export boosts, and higher grain prices, criticizing delays and OMB obstacles.
MENTIONED IN THIS ARTICLE
Washington
Agriculture
John Black
John Junior Armstrong
Kansas Farm Bureau
U.S
Block
Congress
Bruce Hawley
Armstrong
Hawley
Reagan
Office of Management and Budget
OMB
David
Stockman
Also Mentioned on This Page
E.J. Livestock
DAR Rapids Wilson F
Cedar Ri
Wwlson
Sprn Lamb
Sina
M. m
Waterloo
C.R. Grain
Federal State Market News Service
Patan
Omaha
Joliet
Aus
Hursday
Veer
Centre
Inter Te
Ld Cent
J An
Chicago
Gre Torge
Webster City
Sioux City
Farm Edito
Richard E. Lyng
Soviets
Farm Bureau
Jim Drinkard
Preece
Judd
United Feature Syndicat
Hal
Seichow and Righter Co
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