Shipping fuel shortage slows grain exports and port traffic
Meade warned of rising cargo delays as ocean carriers face bunker fuel shortages with about 100 vessels tied up and port elevators embargoed. He cited plans to pool cargoes and slow speeds to conserve fuel while railcar availability improves and fertilizer demand tightens amid broader energy-driven shortages impacting cotton and textile production.
MENTIONED IN THIS ARTICLE
Meade
U. S
Commerce Department
Maritime Administration
U.S
America
Land of Plenty
Agent Urges Timely Fall Fertilizer Use Amid Shortages
An agent warns fertilizer is vital soon with nitrogen and phosphate shortages expected through 1974. Fall application is advised on heavy High Plains soils, while nitrogen on sandy soils may wait until spring to avoid leaching. Soil tests urged to identify deficient areas and maximize limited supplies.
MENTIONED IN THIS ARTICLE
Plainview
High Plains
Cattle Futures See Third Gain on Chicago Exchange
Live cattle futures rose with limit gains for the third straight session on the Chicago Mercantile Exchange as heavy deliveries of 235 cars moved markets. December deliveries remained high yet below earlier expectations, while feeder cattle and live hog futures posted notable limit increases amid strong cash quotes and firm demand.
MENTIONED IN THIS ARTICLE
Chicago
CNS
Chicago Mercantile Exchange
Weeder Cattle Club
Fort Worth
Oklahoma City
Grain futures press leads to mixed losses on Monday
Chicago board of trade reports active liquidation across soybeans down about 17 cents and wheat down around 12 cents while corn holds and oats rise. Cattle and hog markets mix with feeds and futures delayed by export expectations and a cautious mood ahead of crop reports.
MENTIONED IN THIS ARTICLE
Chicago Board of Trade
Board of Trade Chicago
Yan
Omaha
Cap
Usia
Hogsefor Shoes
Amariliagl
Amariliagl ‘Tes Gap: — Texas Panhandle
Oklanoma
Reort
Panhandle
Tan Notas Miestig
Armas Etv
Dean Meers
Heters Junesen
Walter
1972 U.S. cotton crop trimmed five percent from 1971
The Agriculture Department estimated the 1972 cotton crop at 3.1 million bales, down 5 percent from 1971 and 1 percent from last month. Yields average 509 pounds per acre on 12,255,600 harvested acres, with upland and American Pima totals and state-by-state production estimates listed.
MENTIONED IN THIS ARTICLE
New York
Department of Agriculture
New York Cotton Exchange
Margiay
Baei
Copton Quekeliaey
Pete
Washington
UPI
Agriculture Department
Crop Reporting Board
North Carolina
South Carolina
Georgia
Tennessee
Alabama
Mississippi
Louisiana
Oklahoma
New
California
Virginia
Florida
Hinels
Kentucky
Nevada
Texas
New Mexico
Arizona
Hexane Shortage Debate Among Soybean Processors
Chicago report shows processors divided on hexane shortages with A J Staley denying lack while others report reduced supply. USDA notes three plants in Maryland Georgia Delaware briefly short and a Georgia plant ran out for three days near Thanksgiving amid industry expansion and rising demand for soy oil and protein.
MENTIONED IN THIS ARTICLE
Donna Russell
Chicago
CNS
Commodity News Service
A.J. Staley Manufacturing Co
Decatur
Ag Department
Cargill Inc
Central Soya
USDA
Maryland
Georgia
Delaware
U.S
1974 Farm Income May Drop Despite Higher Asset Rise
Government farm economists forecast 1974 net farm income to fall 8 to 20 percent from a 25 billion plus 1973 peak, with 1974 income seen between 20 and 23 billion. They expect rising farm assets to approach 492 to 498 billion by year end and debts to climb to 90 92 billion, while equity climbs about 9 percent.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Wheat crop worth record 6.5 billion across United States
USDA reports the 1973 wheat harvest valued at 6.5 billion dollars with a record 1.7 billion bushels, averaging 3.82 per bushel, driven by high prices since July and strong exports, while domestic bread costs rise and 1974 crops await January figures.
MENTIONED IN THIS ARTICLE
Washington (Ap
Agricture Department
Crop Reporting Board
Soviet Union
U.S
USDA
Department
Baffle Designs Prepared For Spacecraft Use
Honeywell's Aerospace Division in St Petersburg Florida reports a computer simulated design solution for spacecraft light shading. The baffle system guards against stray light from sun earth or moon as they move relative to the craft.
MENTIONED IN THIS ARTICLE
Earth
Moon
Ispace
Honeywell
Aerospace
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Monterey Center