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Lancaster Farming in Lancaster, Pennsylvania

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Newspaper

Lancaster Farming

Location

Lancaster, Pennsylvania, United States of America

Date

Dec 15, 1973

Page

5

Farmers Forecast Record Corn and Soybean Crops for 1974

The September crop report projects corn at 5.8 billion bushels and soybeans at 1.6 billion, both record highs. Despite high prices limiting expansion, 1974 grain output is expected to rise with corn reaching about 6.3 billion bushels and wheat up 110 million, signaling an 85 percent larger crop.

Government Ends Limits to Boost Crop Output in 1974

The 1974 farm program removes set asides and acreage restrictions to spur record grain, wheat, and corn production. Foreseeable gains include 11.4 million more acres planted, with soybean area shifting to cotton and world demand impacting prices and exports. Uncertainties linger over foreign demand and expanding trade with the Soviet Union and China.

U.S Soviet Union Peoples Republic of China

Grain outlook and famine concerns shape 1973 farm report

The Lancaster Farming overview analyzes drought risks in India Pakistan Bangladesh and Africa and the U.S. role in aid amid a strong export year. It forecasts high prices and a 21 percent rise in net farm income with 530 million bushels of wheat used for food in 73 74 and notes no domestic shortage unless price controls recur.

India Pakistan Bangladesh U.S

Also Mentioned on This Page

Lancaster Holland Baler Balereimidt Aeca Smoketown, Pa van Dale Caleb M. Wenger, Inc Drumore Center Quarryville Horseshoe Richard “Ke Forry
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