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Newspaper
Lancaster Farming
Location
Lancaster, Pennsylvania, United States of America
Date
Dec 20, 1958
Page
4
The State Crop Reporting Service shows a seasonal rise in Pennsylvania poultry levels in November, up less than one percent. Egg output dipped slightly from 1957, with total 11 month production near 1957 levels. Price ratios improved modestly from October but remained below last November.
U S peanut stocks on October 31 totaled 956 million pounds in off farm positions, the largest October 31 holding since 1938. Shelled raw peanuts used in October rose to over 73 million pounds, up 13 percent from September and 6 percent from October last year.
The USDA announced an average loan level of 312 cents per pound for 1958 Type 46 Puerto Rican cigar filler tobacco. This equals 90 percent of parity as of Oct 1, 1958. The 1957 crop averaged 325 cents per pound under the same parity. The 1958 level reflects the amended 1949 Agricultural Act provisions on supply-based supports.
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