09 Mar 1974
Page 1
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Newspaper
Columbus Telegram
Location
Columbus, Nebraska, United States of America
Date
Mar 09, 1974
Page
1
Livestock quotations show hogs and sows down 1 to 2 dollars with varied weights. Cattle and calves edges lower with demand steady. cows and heifers mostly lower while feeder supply remains ample. Lambs and sheep price ranges reflect a softer tone across grades and weights.
A volatile session sent the Dow Jones industrial average up 8.99 points to 878.03 as trading on the Big Board reached about 16.21 million shares. Redman Industries led activity with large blocks while oil and petrochemical hopes buoyed shares, and Arab embargo talks influenced mood on Wall Street.
AP Farm Writer reports Agriculture Department specialist Alan E Holz says high corn prices may boost soybean meal use in livestock rations. He notes soymeal prices exceed corn by 4.6 dimes per unit, with a 15 to 1 ratio mid February and world meal production expected to climb to 62 million metric tons in 1975 despite uneven supply.
A damaged OCR fragment shows a newspaper subscription section listing 1254 27th Avenue Columbus Net, and various altered price lines including 140 per year by carrier and 21.00 per year by mail. It mentions holidays and daily publication exceptions, with scattered names and places and a note on address change procedures.
Pearl Tete Thompson thanks the Bellwood Fire Department neighbors relatives and friends for visits flowers and support and thanks hospital staff during her stay.
Dick Schure of Tarnoy says reduced tillage on 550 acres saves time and improves soil. He began in 1961, using an experimental planter from Fleischer Mfg Inc. and worked with University of Nebraska agronomists. The system reduces field trips, cuts soil disturbance, and increases water intake, with irrigation on nearly level cropland.
Entries from commercial and purebred swine producers are expected for the 22nd annual Midwest Market Hog Show in Fremont at the Wells Commission Co. pavilion. Sponsored by George A. Flarnier Co. with the University of Nebraska Extension Service and Fremont Chamber of Commerce, it allows purebred crossbred or grade barrows and gilts from 20 to 240 pounds. Each exhibitor may enter one hog, auto entered in the carcass contest, with a new rule limiting corporate entries. Premiums for live and carcass divisions. hog useing contest for spectators. Entries must be postmarked by March 4.
Washington AP reports USDA economists say high feed costs curb hog production with little near term improvement. February hog corn ratio stood at 14.7, signaling harder profit margins. January 11.0 and past years show weak expansion signals. By Dec 1 1973 there were 7.4 million hog farms, sows at about 86,000 units, with expansion unlikely before 1975.
Canada becomes the largest market for United States fruits and vegetables, absorbing more than half of the export total, signaling a dominant role in North American produce trade and affecting pricing and supply chains for U.S. growers.
The Platte-Colfax Pork Producers group schedules a meeting at 7 p.m. Tuesday, March 12, at Johnnte's Steak House in Schuyler to discuss energy conservation and the fuel situation with speaker RoterL Morley, district director for Hastern Mebrasky.
Washington AP reports milk output fell 3.5 percent in 1973 and is likely to drop about 1 percent in 1974 as high feed costs cut output per cow. The Agriculture Department notes a possible late 1974 rise if record feed grain harvests occur, with milk prices remaining well above 1973.
A confused AP dispatch notes a rash of notices on USDA boards about streaking on the Mall and questions whether Agriculture Secretary Earl L. Butz condones the activity. Officials imply no bare policy change, while a reporter hears of rescheduled events and names misheard. The piece also cites Nebraska’s 1973 calf crop totaling 2,250.00, a new state record up 6 percent from 1972.
Agriculture Department sources expect President Nixon to act in months to raise nonfat dry milk imports to the Tariff Commission’s recommended level of 265 million pounds annually. A temporary suspension released Monday limits imports to 150 million pounds by June 30, with officials downplaying full 265 million pounds.
Washington AP reports rising farming costs clash with potential grain surpluses. If record crops materialize, price declines may threaten farm incomes despite higher target prices under the 1973 act. USDA notes 1974 wheat and corn cash prices exceed targets, prompting calls to accelerate escalator adjustments. Don Paarlberg of USDA cites wheat’s historical resilience to scarcity and surplus swings.
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