Beef Prices Rise Yet Wages Improve Buying Power
Forest T Noel of the Missouri Livestock Market Center notes higher beef prices but says it takes less work to buy the same amount now. A 14.4 lb amount in 1952 equates to a day’s wages, while 23.2 lb in 1973 reflects what an 8 hour day could buy, and 8.8 lb shows current bonus pounds. Bureau of Labor Statistics data show hourly wages rose from 1.52 in 1952 to 3.78 in 1973, a 148.6 percent gain, while beef prices climbed from 0.857 to 1.33 per lb in the period.
MENTIONED IN THIS ARTICLE
Forest T. Noel
Missouri Livestock Market Center
Noel
U. S. Bureau of Labor Statistics
National Live Stock and Meat Board
Dodson's Bulls Shine in Missouri Performance Sale
Emmett Dodson of Mexico showcased performance tested cattle at the Missouri Performance Bull Sale on April 11, with two of three bulls grading A grade and selling for 2400 and 2100 dollars. The top Angus bull weighed 1069 lbs yearling and 1520 lbs sale day, 50 inches tall with 0.5 inch back fat. A second Angus bull sold for 2100, weighing 632 lbs at weaning, 1024 lbs at one year, 1505 lbs sale day, 50 inches tall with 1 inch back fat. Dodson also offered a Bull at the Northeast Missouri sale on April 13, selling for 1550 and grading B, 1450 lbs at sale, 960 lbs yearling, 510 lbs weaning.
MENTIONED IN THIS ARTICLE
Missouri
Emmett Dodson
Mexico
Dodson
Northeast Missouri
Senate votes grain supports to aid set aside cooperators
The Senate passed a bill to maintain price support guarantees for feed grain producers in the government set aside program. Introduced by Senators Humphrey and Clark, the measure seeks to end discrimination against cooperators who choose the noacreage option with a 15 cent per bushel payment, after the Agriculture Department revised the plan following farmer choices.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Hubert H. Humphrey
Dminn
Dick Clark
Iowa
Agriculture Department
Humphrey
Market Hogs Urged to Market Cautiously and Stabilize Prices
Fred W. Vedder Jr. of the Montgomery County Pork Producers Association urges prudent marketing of hogs next week and price setting by phone to align with new price ceilings. NPPC Vice President J. Marvin Garner adds calm, orderly marketing, warns against panic selling, notes 25 percent price drop driven by retailer overreactions, and calls for a government investigation into the causes while emphasizing continued high pork exports and historically low cold storage.
MENTIONED IN THIS ARTICLE
Fred W. Vedder Jr
Montgomery County Pork Producers Association
Mr. Vedder
National Pork Producers Council
Des Moines
Iowa
J. Marvin Garner
NPPC
Garner
Gardner
Earl Butz
Insect Control Advice From Missouri Extension 1973
Frank D. Miller presents new Missouri insect control guidance. Weevils show up in alfalfa across southern Missouri with early March counts indicating infestation levels warranting control when 35 percent of terminals show feeding. A crabgrass advisory warns of Digitaria sanguinalis, its spread, and suggests late March herbicide application with products like Cacthal Bandane and Tupersan, stressing early treatment and correct product use.
MENTIONED IN THIS ARTICLE
Frank D. Miller
Montgomery City
Missouri
University Extension Center
W. S. Craig
South Central
Columbia
Higginsville
Also Mentioned on This Page
Vedder
Soybean Growers
Monsanto Company
MFA
Europe
S. A. Barber
Purdue
University of Missouri Extension Center
Sfarm Credit
Federal Land Bank Association OF Mexico
Live Stock Center
ALL New! International
Gilmore Implement Co
Mexico, MO
Paris, MO
Pigweld
Fennewald Fertilizer Service
Martinsburg
Willie
Consolidated Electric Co-Op
Donald Hopper
Bob McBride
John Hopper
Everette Romin
Gale Stowers
George McCauley
Charles L. Duff
James W. Barker
Stark Livestock Leasing Co
Jacksonville
Illinois
Audrain Soil Service Inc., Audrain Soil Service Inc
David Hadin
John Riedel
Jerry Wright
Don Nichols
Keith Powell
Laddonia
Centralia
Vandalia
Auxvasse
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!