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Dairy farmers face steady year with cautious hopes for 1977
Policy debate notes dairy prices good but costs rising slightly. Sumner says higher production follows price gains, lowering blend price due to weaker demand. He cites iodine131 tests after a radiation report as hurting sales, despite safe levels. 1977 hinges on milk supports at 80 percent parity and stable prices, with beef and corn markets also in view.
MENTIONED IN THIS ARTICLE
Sumner
Suroner
Secretary of Agriculture
Miles
Thomas
Merrill, Lynch, Pierce, Fenner and Smith, Inc