Farm Income Surges 84 Percent From 1972 Levels
USDA figures show net farm income rose to 32.2 billion in 1973, an 84 percent jump from 1972’s revised 17.5 billion, the largest year rise since 1916 17. The report revises earlier years with new items like custom work and accounting costs, noting high prices drove most gains while expenses reached 6.7 billion.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Economic Research Service
USDA
No Restrictions On 75 Planting Across Major Crops
Agriculture Secretary Earl L. Butz said there will be no government acreage limits in 1975 for wheat cotton and feed grains marking a second year of open production Wheat farmers may not exceed 1974 planting levels for next year according to the National Association of Wheat Growers which noted land use is already at capacity and gains could shift to other crops due to favorable prices.
MENTIONED IN THIS ARTICLE
Washington
Earl L. Butz
National Association of Wheat Growers
Association
U.S
Agriculture Department
Pennsylvania
Corn Field Entrants Named in MFA Contest
Robert Schutte of Benton City Lee Schunemeyer of Centralia and Joe Haiducek of Perry entered the MFA corn growing contest. Fields were planted between April 24 and 28 neighbors may view progress during the growing season. Later yields will be compared with farming practices. Schutte farm lies eight miles east of Mexico Schunemeyer farm four miles northwest of Centralia Haiducek farm on Highway 19.
MENTIONED IN THIS ARTICLE
Robert Schutte
Benton City
Lee
Larry Schunemeyer
Centralia
Joe Haiducek
Perry
MFA
Schutte
Mexico
Schunemeyer
Haiducek
Highway 19
Feed All The Corn Not Just The Grains
University of Missouri livestock specialist Homer Sewell says feeding corn silage to beef cattle, not just grain, becomes more attractive as corn prices rise. Silage costs rise slower than grain while allowing more beef per acre, though cattle gain slower on high silage rations.
MENTIONED IN THIS ARTICLE
Columbia
Homer Sewell
University of Missouri- Columbia Livestock
Sewell
UMC
Farm Stability By Late 1976 The ERS Report Says
U.S. farm policy targets stability and cattle industry health as the drought impacts weather and prices. Slaughter, feedgrain, and pasture dynamics threaten timing of a market rebound, with potential ripple effects through pork, chicken, and milk sectors and a slower recovery from 1973 distortions.
Treating Seed Wheat For Disease Urged
Missouri seed wheat should be treated to reduce scab and glume blotch as diseases were widespread in 1974. Seed treatment lowers infection risk though not guaranteed, with options including Carboxin Thiram Captan Maneb and zinc coordination, among others. Follow package directions and consult Extension for details, as coverage varies by method.
MENTIONED IN THIS ARTICLE
Missouri
Farmers Lose Share Of Consumer Food Dollar In Q2 1974
USDA reports farmers earned 40 cents of every consumer dollar on market basket food in Q2 1974, down five cents from Q1 and five cents less than April 1973. The overall market basket cost rose to a record annual rate of 1731 dollars, while middlemen’s share climbed, widening the gap between producer and consumer prices.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
U.S
USDA
Department
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