Butz Pushes 1974 Peanut Crop Cost Cuts and Reforms
Agriculture Secretary Earl Butz outlined 1974 peanut and rice support changes aimed at cutting government costs. He proposed eliminating marketing quotas for rice and setting a peanut planting allotment of 1.6 million acres with fixes to deny supports for aflatoxin contaminated crops. The plan envisions broader reforms to reduce taxpayer burden, while signaling a long battle in Congress over new laws.
MENTIONED IN THIS ARTICLE
Washington
UPC
Earl Loterop
Butz
Atj
Bult
Oice
Cotton futures suffer losses as sell backlog grows
Cotton futures on the New York Exchange closed with limit losses for the second straight day. About 1,425 sell orders remained unfilled, with some estimates near 1,800. Volume fell to 450 contracts, while prior days showed far higher activity. Weather, harvest progress, and a government report fueled the decline, with Texas fields delayed by wet conditions and a quickening harvest in many areas. Enduring issues include long liquidation and hedge selling amid an earlier record backlog.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Texas
High Plains
Oliver Newton
Rae Eme
Lubbock
L. L. Ray
Texas Agricultural Experiment Station
Raymond King
Lubbock Cotton & Co
USDA
Commodity Credit Corp
Grain Point Revoked at Tulsa Inspection Center
The USDA revoked Tulsa’s grain inspection point designation effective Wednesday due to low inspection volume. Plainview Grain Inspection and Weighing Service, Inc. requested the closure and will supply needed inspections from Happy when required.
MENTIONED IN THIS ARTICLE
Tulsa
U. S. Department of Agriculture
USDA
Plainview Grain Inspection and Weighing Service, Inc
Plainview
East Europe Beef Import Projected
USDA projections show seven Eastern European countries may import up to 3.6 million tons of beef annually by 1980 to meet rising consumer and export demand. Regional grain imports are expected to fall from 4.4 million tons to about three million by 1980 while U.S. grain exports rise.
MENTIONED IN THIS ARTICLE
Wassington
CNS
U.S. Department of Agriculture
USDA
Czechoslovakia
East Germany
Poland
Bulgaria
Hungary
Romania
Yugoslavia
U.S
Czech
Briscoe Proclaims November Food and Fiber Month in Texas
Gov Dolph Briscoe has declared November as Food and Fiber Appreciation Month across Texas. The proclamation notes Texas ranks third in farm and ranch output and leads in beef cattle, sheep, goats, grain sorghum, cotton, rice, onions and wool. Observances across 254 counties are planned with local committees outlining activities.
MENTIONED IN THIS ARTICLE
Austin
Dolph Briscoe
Texas
Briscoe
Graham Magnetics Reports First Quarter Sales Rise
Graham Magnetics Inc announced net sales of 3 37 460 for the fiscal first quarter ended September 30 1973, a 41 percent rise from 2 358 194 in the same quarter last year.
MENTIONED IN THIS ARTICLE
Fort Worth
Upi
Graham Magnetics Inc
Gifford-Hill Reports Record Q3 Sales and Income
Dallas based Gifford Hill and Co announced record third quarter results with sales totaling 49.192 million and net income of 3.155 million for the three months ending September 20.
MENTIONED IN THIS ARTICLE
Dallas
UPD
Gifford-Hill & Co., Inc
Also Mentioned on This Page
By Duane Howell
Kansas
Nebraska
Missouri
Oklahoma
Iowa
Colorado
California
Cobh LD
Lone 4Th & Liaivarsity
Barialoy
East Europe
Dillard's
South Plains Mall
Lubbock, Texas
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