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Farm Roundup Broiler Price Faces Trouble
The Agriculture Department warns of a new period of price and income pressure for the broiler industry due to expanded production. May's rebound in production may lift late-summer slaughter, pushing prices below 1962 levels. Higher feed costs and rising egg production also threaten producer prices this year. Turkey and egg markets face similar pressures as feed costs rise and consumption trends shift. Alfalfa weevil damage grows in the east, grasshopper outbreaks appear in several western states, and livestock returns per feed dollar have declined since the 1957-59 period. Despite heat, Mt Etna remains snow-capped atop Europe's tallest volcano.
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Washington
Agriculture Department