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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Pacific Coast
Washington
Oregon
California
Midwestern
Iowa
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Massey Ferguson
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Dodge Trucks
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Bob Berry
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Consolidated | Electric Co-Op
Federal Land Bank Assn
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