03 Feb 1988
Page 1
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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Feb 03, 1988
Page
1
An Agriculture Department report forecasts 1988 farm machinery expenditures near 1987 levels as farm finances improve. Net cash income is seen at 50 to 55 billion dollars, down from 57 billion last year, with inventories trimmed by lower two wheel drive tractor sales and incentives, while combines remain a concern amid an oil price volatile market.
James Melichar of Ozaukee County was the sole entrant in the 1987 Wisconsin PEPS competition to produce corn at a cost below $1 a bushel. He achieved 158 bushels per acre with production costs of 96 cents per bushel, in a contest run by the University of Wisconsin Department of Agronomy.
Costs of the milk price support program remain high, with 1988 CCC removals projected near last year’s $1.22 billion, well above a billion dollars. The program, used to prop up farm milk prices, faces ongoing debates in Congress over fairness to taxpayers and farmers while a minority of dairy-focused farms dominate production.
Forecast warns of bitter cold Thursday to Saturday with lows from 15 to 25 below in the north and 5 below to 5 above in the south. Highs range from 5 below to 5 above in the south and teens to the 20s elsewhere, indicating frigid conditions across the region.
Oshkosh B Gosh, once known for farm overalls, expands into youth and older children's fashion. A redesigned label near the shirts aims to avoid the baby-clothes stigma as sales target $50 million by 1990. Industry analyst notes potential growth from baby boom echo while focusing on delivery and ordering improvements.
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