Spring Dilemma Dilemma Will There Be Enough Fertilizer?
Southeast farmers face a fertilizer shortage amid the energy crisis. Officials acknowledge confusion as nitrogen fertilizer costs rise about 50 percent, fueling fears of higher food prices. Local farmers warn shortages may hit spring planting, with fuel allocations seen as partial relief.
MENTIONED IN THIS ARTICLE
Associated Press
U.S. Department of Agriculture
Washington
Robert Lee Scarborough
Richland County
D.C
Scarborough
Tom Warren
South Carolina Farm Bureau
Alabama
Week In Business Figures Reveal Cooling Off By STEPHEN H. MILLER
The Commerce Department shows 1973 fourth quarter growth at 1.3 percent, inflation at 7.9 percent, with full year 5.9 percent growth. Fed notes December factory output down 0.5 percent due to autos and energy, while auto production drops 14.6 percent. Personal income for 1973 rises 10.3 percent to about $1.04 trillion amid price gains. Inventories rise 1.5 percent in November, reflecting slower sales. Fertilizer prices surge after the price freeze, with demand expected to exceed supply by at least 10 percent. Some fertilizer producers may push for price controls. agriculture export policy discussed amid balance-of-trade concerns. Rep Eugene Tubbs calls for investigation into fertilizer price hikes and potential safeguards for farms and cattle.
MENTIONED IN THIS ARTICLE
Stephen H. Miller
AP Business News
NEW York (Ap
U.S
Commerce Department
Federal Reserve Board
Glen Landreneau
Louisiana Farm Bureau
Landreneau
USDA
Washington
Nixon
Florida
Eugene Tubbs
Also Mentioned on This Page
Gilmer
Ber
Federal Power Commission
FPC
Wichita
Kan
Douglas L. Bendell
Riverside Shopping Center
Kings Market Inc
Arnett
Danville
KINGS
RED Carpet Service
SWIFT
Swifts Premium
Cabbage, Ct
del Monte Sweet Peas
Florida Temple Oranges
Pascal Celery
Sweet Potatoes Co
COCA
del Monte
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