Expert views cattle feeding prospects from July reports
Lincoln Nebraska experts caution optimism on July 1 1977 U S cattle inventory declines. University of Nebraska Lincoln Extension economist Al Wellman warns large feedlot placement and marketings could offset gains, noting fed cattle prices and feeder cost dynamics may impact 1978 profits.
MENTIONED IN THIS ARTICLE
Lincoln
U.S
Nebraska
University of Nebraska- Lincoln Extension
al Wellman
Wellman
Flexible set aside plan could cut wheat acres in 1978
The Carter administration’s 20 percent wheat set aside allows idle land from crops beyond wheat to meet reductions. 1978 wheat plantings are expected at 63.5 million acres, down 14.6 percent from 1977, with cotton and other crops also adjusted. The plan removes historic baselines, links reductions to intended plantings, and ties compliance to income support payments. Farmers may choose which crops to idle, with noncompliance risking loss of price supports and disaster aid.
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Washington
UPI
Agriculture Department
Congress
Agricultural Stabilization and Conservation Service
John White
SACCHARIN COMMENT PERIOD EXTENDED TO OCTOBER 3
The FDA extended the public comment deadline on the proposed saccharin ban to October 3 after the Calorie Control Council sought records under FOIA. The extension applies to all interested parties as the court case remains unresolved. The ban would prohibit saccharin as a food additive while allowing home use.
MENTIONED IN THIS ARTICLE
Washington
UPI
Food and Drug. Administration
FDA
Reserve plan shapes up as corn surpluses locked in
The Carter administration outlines a twofold reserve strategy to curb grain surpluses. A 6 million ton international food reserve and a 17 to 19 million ton feed grain reserve aim to raise release prices to 2.50 a bushel for corn and related grains while extending 1976 and 1977 loans to farmers to enroll stock.
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Washington
UPI
Carter Administration
John White
Congress
Agriculture Department
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