Battle Looming On Beef Quotas
Beef quota battles loom as CATTLE PRODUCERS and meat importers clash over 1971 imports under Nixon administration plans. Officials cite a trigger point near 1.022 billion pounds, with voluntary agreements guiding current totals around 1.18 billion pounds. Meat Importers Council pushes for higher imports to curb prices, while officials stress safeguards and production capacity.
MENTIONED IN THIS ARTICLE
Nixon
Meat Importers Council of America
New York
Clifford
Hardin
Cotton futures hold steady amid narrow range trading
New York AP reports cotton futures No 2 closed unchanged to 75 cents higher as buying and liquidation mixed. Prices traded in a tight band with gains tapering from 1.20 a bale, activity shifting between March May and October December contracts and spot markets remaining moderately active at an average mid lingering near 24.55 cents a pound for 12 leading months.
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Rte
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Westates
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Cook Cr
Ecologic
Elmon
Aerr
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Gabriel
Impricil
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Crede Fonaire
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Kay Jwly
Nat Ki Ark Corp
Lubbock
Lalay Us
Metalean
Lodgeas
Scpals
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Lynch Corp Sk
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MeCror Wi
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Menasco
Ind
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Chicago
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Sequoyah
Rees
Dean Biboney
Chile
Thoma
New York
Market report shows mixed grains and steady poultry trade
Grain prices were mixed at the close with soybeans and corn irregular but ending down, oats modestly lower and wheat fluctuating. Broilers cooled in light trade while overall activity remained steady with short covering and late-session declines as beans weakened.
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