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Mexico Ledger in Mexico, Missouri

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Newspaper

Mexico Ledger

Location

Mexico, Missouri, United States of America

Date

Dec 07, 1972

Page

3

Soybean Acreage Plans Could Drive Next Year Prices

Washington AP Farmers fear 1973 soybean acreage options from USDA may trigger 1.4 billion bushels and a 25 cent drop in profits. ASA president Harold Kuehn warns of overproduction and stock buildup harming returns. decision expected by December 1 with 48 to 52 million acres under consideration.

Washington Agriculture Department American Soybean Association USDA Harold Kuehn The ASA Kuehn Hudson Iowa

Farmers Tax Guide Available From University Extension

The 1973 edition of the Farmers Tax Guide is now available at the University Extension Center. It explains tax rules for farmers, includes a new chapter on the investment credit restored by the 1971 Revenue Act, and uses examples to show how to apply laws and keep proper farm records. the guide is free.

University, Extension Center

Extension Adds Agent For Education Extension Adds Agent For Education

Thomas H. Hill named Continuing Education Programmer at Mid Mo Extension Center Fulton serving Audrain Boone Callaway Cole Cooper Howard Moniteau Osage counties. He aims to fill adult education needs via MU and Lincoln University resources in noncredit and credit courses. Formerly Green City schools superintendent urges contact at Court House Fulton.

Mid Mo. Extension Center Fulton Thomas H. Hill Hill Audrain Boone Callaway Cole Cooper Howard Monireau Osage University of Missouri Lincoln University Green City Mid Mo Court House

Wool Supports Cut Sharply Price Higher

AP Farm Writer Don Kendall reports that 1972 wool grower payments under the government incentive program are expected to fall sharply due to higher market prices. For 1972 wool sold, analysts estimate payments around 58 million dollars, down from 110 million in 1971. The 1970 act set a 72 cent per pound incentive price. Mohair is 80.2 cents.

Don Kendall Washington Agriculture Department Congress

Soybean Referendum Deadline Approaches in Missouri

The December deadline to register for the Missouri Soybean Growers referendum nears. Eligible producers will vote on creating a Missouri Soybean Merchandising Council of thirteen growers. If approved, producers would authorize a half cent per bushel checkoff for promotion and research, with refunds available on request. Eligible farmers will elect their own representatives.

Missouri

Montgomery Soils and Crops Conference Set Jan 3

Montgomery City area agronomy details the 1973 Soils and Crops Conference with Donald Cahill chairing the planning group. Jan 3 is the date, with registration via ASCS offices and soybean producers eligible to vote. A hearing on the proposed referendum occurs Dec 19, 1972 in Jefferson City with potential winter referendum if approved.

Frank D. Miller Montgomery City Donald Cahill Montgomery County Roy Kueny Arthur Gerloff, Jr Wendell Gregory University Extension Center Soybean Merchandising Council ASCS Jefferson State Jefferson City State Commissioner of Agriculture

Farmers Use Of Electricity At Record High

The Agriculture Department reports farmers are using more electricity than ever, with an average of 1002 kilowatt hours per farm per month in 1972. The figure marks a rise of 44 kwh from 1971 and a decade rise from about 645 kwh. The national average cost per kilowatt hour also edged up to 2.22 cents in 1972 from 2.18 cents the prior year.

Washington Agriculture Department USDA Crop Reporting Board

Electric bill per farm rises in 1972 survey across regions

The survey compares farm electricity costs and usage. Hydroelectric regions report the highest per farm use and the lowest rates. Pacific coast states show 2914 kwh per month at 1.81 cents per kWh, while Midwestern areas run 670 to 1000 kwh with 2.35 to 2.53 cents. Iowa farms use 980 kwh monthly, up from 910 in 1971, with a regional average of 2.53 cents per kWh.

Pacific Coast Washington Oregon California Midwestern Iowa

Also Mentioned on This Page

Thomas Hill Richard Georges Loose Creek Robert Schmitz Bennets Mill Tebbetts Missouri River MFA Montgomery Livestock Buyers, Inc Des Moines Massey Ferguson Chrysler Plymouth Dodge Dodge Trucks MFA Exchange Bob Berry Mexico Consolidated | Electric Co-Op Federal Land Bank Assn Hwy Livestock Center Mexico, Mo Lelel Corno Corno Premium West Love Begoodrich Motorola E. Liberty American Express B.F. Goodrich Bankamericard Were
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