Experts foresees high pork prices in coming fall
GuHIGAGO June 26 The Chicago Board of Trade signals higher meat costs as corn prices remain elevated and pork chops may rise next fall, affecting household budgets and grocery planning.
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Newspaper
Linton Daily Citizen
Location
Linton, Indiana, United States of America
Date
Jun 26, 1947
Page
4
GuHIGAGO June 26 The Chicago Board of Trade signals higher meat costs as corn prices remain elevated and pork chops may rise next fall, affecting household budgets and grocery planning.
Corn prices peak above 2.00 a bushel on the Board of Trade prompting farmers to sell both corn and hogs to capitalize on high markets. Analysts note a less favorable hog raising ratio this year, with early hog marketing and lighter weights pressing fall pork prices higher despite a disappointing spring pig crop across states.
H M Conway of the National Association of Livestock Producers says beef quality and prices may shift as midwestern farmers feed cattle on grass silage and roughage instead of corn. He notes no drop in cattle sent to market. Corn price spikes blamed on government shipments to aid nations and floods in the Midwest.
An Indiana gambling investigation led to suspensions for two state policemen, with Trooper Joseph Vegh listed among those affected and one officer reportedly resigning. The probe centers on northern Indiana activity and internal disciplinary actions.
Woodward and Vegh at Dunes Park post are suspended by Col. Rosow. Vegh resigns stating he was fed up and unaware of gambling probe. Lt. Rex Risher on medical leave. investigation to proceed next week. New federal bidding notice issued for building work in Linton Indiana with July 16 deadline.
The department established a detective-sergeant rank and split the Charles Town and Seymour posts into separate commands to improve administration.
Indiana Conservation Department scientist Dr. W. E. Ricker reports in Outdoor Indiana that 50 percent of legal size Hoosier game fish die from natural causes. Hatchery pond survey shows bass weights rise in summer while bluegills and red ear sunfish decline. some fish still disappear.
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