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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Aug 30, 1972

Page

7

Cotton supply fears loom over 1972 farm policy decisions

A plains agriculture analysis warns that production may exceed demand by about 1.5 million bales, stressing a critically low carryover of 3.3 million bales and a weak quality balance. It argues that stable, long‑range plans and government support are needed to avoid price spikes and repeated supply squeezes while preparing for 1974 cotton programs. The piece notes oversupply risk in low‑grade stocks and recent export declines, plus a corrected Texas field day date.

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Investing Companies. Market Report on Commodity Prices

Commodity prices faced selling pressure with no sustained buying. Wheat advanced, corn and oats declined amid weather influence. September figures show wheat up 1.85 percent, corn down, oats lower. Soybeans also slipped.

Wheat climbs on demand as soybeans sag

Chicago futures show wheat rising about 3 cents as strong demand and short covering push prices higher on the board. Soybeans drop roughly 14 cents, meal down, corn and oats lower, while oil gains about 19 points as market activity shifts late.

ED DE Moch AP Business Wester Chicago Chicago Board of Trade

Mankets At Qa Glance We

This item appears fragmentary with limited readable content. It references Mankets and Qa Glance but lacks clear event, date, or identifiable entities to form a proper summary. The record remains extremely uncertain about specifics or context.

Fragmented OCR briefing yields unclear event details

A damaged OCR snippet provides partial reads about a local event with names and numbers but lacks coherent context or complete facts to identify the subject, location, or outcome. Further readable details are needed to craft a precise headline and summary.

Also Mentioned on This Page

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