Middleman Food Costs Probed Across 1975 U.S. Prices
The average annual cost for a market basket of U.S. produced foods rose to 1860 in nine months of 1975, with farmers receiving only 33 of each 126. Middlemen capture about 74 of the rise, through bottlers, processors, wholesalers, and retailers, leaving farmers at 40 cents of every dollar spent on food.
MENTIONED IN THIS ARTICLE
House Agriculture Subcommittee On Domestic Marketing and
Congress
George McGovern
D.-S.d
Senate Committee On Nutrition and Human Needs
Food Marketing Commission
Food marketing data lacking for price and profit clarity
An old Field Newspaper Syndicate briefing notes government data on the food marketing system are too imprecise to interpret price changes and margins. It recalls 1966 and 1972 FTC studies suggesting consumer overcharges, but data gaps persist.
MENTIONED IN THIS ARTICLE
National Commission On Food Marketing
Federal Trade Commission
FTC
National Food Program
Milwaukee and Chicago Farm Markets Report Summary
AP dispatch from Milwaukee and Chicago covers futures on the Chicago Board of Trade with soybeans up 3 12 cents, grains mixed, and cattle hog lamb prices in Milwaukee. Included are wholesale egg prices, Wisconsin egg markets, and USDA potatoes nationwide with No 2 hard winter wheat at 3.51 1 2, No 2 soft red at 3.35 1 2, corn around 2.56 34, oats 1.59, soybeans 4.60 1 4. The report notes Friday receipts and market conditions across multiple commodities.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Chicago Mercantile Exchange
Lucey Names Clapp To Head State PSC
Gov. Lucey appoints Norman M. Clapp 61 to chair the Wisconsin Public Service Commission. Clapp previously led the state Transportation Department and headed the Rural Electrification Administration. He succeeds Richard Cudahy who resigned for a Washington law firm. A replacement for the vacancy will be named soon.
MENTIONED IN THIS ARTICLE
Madison, Wis
Norman M. Clapp
Wisconsin Public Service Commission
Patrick J. Lucey
Clapp
PSC
Lucey
State Department of Transportation
Rural Electrification Administration
Johnson
Richard Cudahy
Washington, D.C
Livestock Prices Report From St Paul Market
Cattle and calves 6 800 head with mixed changes across classes. Slaughter steers mostly lower. slaughter hogs up slightly. sows higher. Sheep and lambs steady with firm feeder lamb values noted amid steady trade.
MENTIONED IN THIS ARTICLE
South ST. Paul, Minn
USDA
Old Sheep House
Also Mentioned on This Page
Madison
Wis
Wisconsin
By Sylvia Porter
CaCrosse
Itm
News of Finance
Atlanta
Denver
Detroit
Jersey City
Little Rock
Joseph O'Malley
Bureau of Competition
Field Newspaper Syndicate
Milwaukee Livestock
Milwaukee
Egg Markets
Potato Markets
U.S.A
Washington
Loewi and Co
N. American Airlines
American Tel. & Tel
Burlington Northern
Chrysler Corp
Control Data
Deere & Co
Eastman Kodak
Exxon Corp
Fed. Nat l. Mfg
General Electric
General Motors
Great Northern
Nekoosa
G. Heileman Brewin International Bus, Machines
Kresge
Marcor Inc
Mgic Inc
Mobil Oil
Monsanto Co
North Central Airlines
Northern States Power
Sears Roebuck & Co
Standar Oil of Ind
Texaco Inc
Trane Co
Union Carbide
U.S. Stee Uop Inc
Upjohn Co
Western Union
Westinghouse Electric
Acro
Winona Industries, Inc
America
Wilkie
Walnut ST
Winona
Minnesota
St. Paul Livestock
Owntown Crosseas More
LA Crosse
ICTDF
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