Record Crop But Hay Price Running High
Washington reports hay prices rising despite a record large crop of 134 million tons for 1972. Factors include anticipated high hay feeding rates during fall and winter as cattle numbers grow, plus weather that reduced hay in the Northeast from Tropical Storm Agnes and in parts of the Southeast. Wisconsin output fell to 10.7 million tons due to cool wet spring and alfalfa weevil damage. National mid November prices averaged 31 dollars per ton, about 25 percent higher than a year earlier. ERS cautions that larger supplies and good fall pasture may restrain further price gains while overall levels stay firm.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Economic Research Service
Agnes
Wisconsin
ERS
George Lewis Wins Farm Management Award in Missouri
The George Lewis family of Kingdom City received a State Farm Management Award at a recognition program in St. Louis on December 6. They operate 971 acres near Kingdom City, Missouri, with 796 cropland and 175 pasture, growing corn soybeans and wheat and feeding 400 head of cattle. The Lewises own 155 acres and rent 816 more, and have invested in silos, a cattle shed, and a cattle handling facility. They are active in local organizations, with Mr Lewis leading cattle groups and Mrs Lewis serving as treasurer of the local church and a former 4-H leader.
MENTIONED IN THIS ARTICLE
George Lewis
Kingdom City
St. Louis
Mike
University of Missouri College of Agriculture
Brenda Kay
Barbara
Lewis
Des
Lewises
Seallaway Cattle Feeders Assn
Missouri Cattlemens Assn
McCredie Methodist Church
MYF Group
Food Price Control Plan Aimed at Lowering Costs
Washington AP The Nixon administration plans a major push to curb rising food prices by boosting productivity in the industry. Commerce Secretary Peter G. Peterson, chair of the productivity commission, said gains in efficiency and output per hour are key. The commission met with Treasury Secretary George P. Shultz to discuss Phase 3 economic controls.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Commerce
Peter G. Peterson
Peterson
Productivity Commission
Secretary of the Treasury
George P. Shultz
Rock Phosphate Worth Using On Soil
Frank D. Miller argues for rock phosphate as a long term soil builder, noting cost, handling issues, and soil test impacts. He compares rock phosphate to super phosphate, urges complementing use, and predicts rising super prices will renew interest in rock phosphate for raising soil phosphate levels.
Soybean Group Seeks Smaller 5.2 Million Acre Plan
American Soybean Association cautions USDA plan to target 5.2 million acres of beans next year could backfire on farmers. ASA President Harold Keuhn, in statements issued in Oklahoma and Hudson Iowa, urged a lower acreage goal and questioned markets to absorb extra supply.
MENTIONED IN THIS ARTICLE
Washington
American Soybean Association
Agriculture Department
Harold Keuhn
ASA
Hudson
Iowa
USDA
Keuhn
Farm Tax Institute Draws 56 in Warrenton
Eastern Missouri Farm Tax Institute at Lake View Estates Warrenton November 16 drew 56 registrants. Sponsored by University of Missouri Extension with IRS and State Department of Revenue, the session covered 1972 tax law changes and planning for farmers.
MENTIONED IN THIS ARTICLE
Harold A. Sterrett
Area Farm Tax Institute
Eastern Missouri
Lake View Estates
Warrenton
University of Missouri Extension Division
Federal Internal Revenue Service
State Department of Avenue
Dennis Berry
al Lampe
IRS
St. Louis
Dave Pierce
Kennett
Tom Halter
Farmington
State Department of Revenue
U S Farm Exports Hit 8.05 Billion in Year End 6/30
Agriculture Department data show the United States shipped 8.05 billion dollars of farm products to 165 countries in the year ending June 30. Japan led with 1.16 billion, though still 4 percent below last year, and Canada followed at 805.7 million. Top 15 also included the Netherlands, West Germany, United Kingdom, and Republic of Korea among others.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
United States
Japan
U.S
Canada
Netherlands
West Germany
United Kingdom
Republic of Korea
Italy
France
Spain
Taiwan
Belgium-Luxembourg
U.S.S.R
Mexico
Indonesia
1972 Wheat Crop Worth Over $3.4 Billion
The Agriculture Department reports the 1972 wheat crop including government payments is valued at more than $3.4 billion, with an average price of $2.23 per bushel, up from $1.89 in 1971. Exports, notably 400 million bushels to the Soviet Union, pushed prices to a decade high while production neared 1.54 billion bushels. The report notes adjusted market value without payments would be about $2.6 billion, and corn and soybean figures will be issued January 15.
MENTIONED IN THIS ARTICLE
Don Kendall Washington
Agriculture Department
USDA
Soviet Union
Mexico Ledger Page 7 Highlights December 14 1972
Brief notes from the Mexico Missouri Ledger on page seven dated December 14 1972 summarize local items and notices. The readable fragments mention community updates and small events in the town.
MENTIONED IN THIS ARTICLE
Mexico
Enon
Also Mentioned on This Page
Miss Patti
Goshorn
Consolidated Electric Cooperative
Christopher
Kit) Bond
The
Missouri Electric
George Lewises
Consolidated Electric Co- OP Y
Mexico, Mo
Frank D. Miller
Montgomery City
India
Federal Land Bank Assn
Hwy. WE. Livestock Center
Equal Housing Lender
Lem LY
Farm Bureau
Montgomery County
Hawaii
Los Angeles
American Farm Bureau Federation
Ernest Blauve
Harry Bratton
MFB
Farm Tax Institute
Ta Institute
tAfte
Corno
Corno Premium
Ayn) Wei
West Love
Ort
Missouri
Tance
Southwestern Bell
York
Susp IG