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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Jul 22, 1987
Page
5
June production in the 21 selected states falls 1.5 percent from a year earlier while output for the first six months of 1987 trails 7 percent versus 1986. Cows on those farms total 8.77 million, down 327,000 from last year. per cow yield averages 1,196 pounds.
Light domestic use reduced activity in grain markets as wheat and corn prices softened despite steady export demand. St Louis soft red winter wheat and Minneapolis spring wheat showed small gains and declines respectively, while corn prices fell with favorable new crop progress. Soybeans and sunflowers also weakened amid routine plant maintenance and lower oil prices, signaling cautious demand despite upbeat export prospects. A Wisconsin drought relief meeting highlighted potential hay shortages and higher feed costs for dairy farmers, pressing state leaders for faster relief actions.
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