Bergland says farm strike won’t affect prices
Washington AP Bergland reaffirms his view that the farm strike beginning Wednesday by American Agriculture will not alter consumer food supplies or grocery prices. A government background paper projects that reaching 100 percent parity would raise food prices and reduce consumption if government action boosts commodity prices.
MENTIONED IN THIS ARTICLE
Washington
Agriculture
Bob Bergland
Bergland
American Agriculture
Agriculture Department
Farm parity report warns of inflation and recession risks
A department study projects a 60 percent rise in farm goods within a market basket, triggering a 23 percent hike in retail basket costs and a 19 percent jump in total food costs. Inflation could top 9 percent, eroding real income and risking a recession. Full parity with subsidies could push federal payments to $50 to $55 billion, far above current $1.2 billion. Also notes higher land prices and foreign competition as farmland becomes scarcer. AMONG 100+ eastern Missouri farm operators, state farm management awards were presented last week to Joseph and Anthony Becker of Audrain County, among others.
MENTIONED IN THIS ARTICLE
United States
Treasury
Missouri
Joe Becker
Anthony Becker
Audrain County
Dale Schnarre
FDA and USDA to Meet on Sulfa in Pork Supply
Washington officials plan a mid January meeting with swine industry leaders to address persistent sulfa drug residues in pork. FDA and USDA will urge tighter use of sulfa as a feed additive, noting a 13.8 percent violation rate in third quarter samples and residues up to 5 parts per million, while stating typical levels pose no consumer hazard except for rare sulfa allergies.
MENTIONED IN THIS ARTICLE
Washington
Food and Drug Administration
Agriculture Department
FDA
Food Safety and Quality Service
Japan as top buyer for American agricultural exports
The piece notes Japan leads American sales of soybeans, feed grains, cotton, tobacco, and livestock products. Over the past three years Japan's purchases total 3 to 3.5 billion dollars annually, equating to about 14 million U.S. acres of production, signaling expanding demand for American farmers.
MENTIONED IN THIS ARTICLE
Russia
Japan
West Coast
Area Families Win For Management
Four area farm families are among 38 in eastern Missouri named as farm management award families in their counties. Awards were presented at a luncheon at the St. Louis Breckenridge Inn to the Beckers of Laddonia Audrain County Edward Roppel of Wellaville Montgomery County and Theodore R Ball of Paris Monroe County. County certificates were given to 69 farm operators.
MENTIONED IN THIS ARTICLE
Montgomery County
Edward Roppel
Ronnie Blave
Wellsville
Wendell Timmerberg
New Florence
Harold Sterrett
Cap Smith
National Stockyards
East St. Louis
III
Missouri
St. Louis Breckenridge Inn
Joe Becker
Anthony Becker
Laddonia
Audrain County
Wellaville
Theodore R. Ball
Paris
Monroe County
Schell Bodenhamer
University of Missouri College of Agriculture
Bodenhamer
Record borrower demand for farm storage facilities
Washington AP reports farmers are borrowing from the government at a record pace to build storage and drying facilities for bumper crops. New loans totaled more than $74.9 million in October, up from $11.5 million the previous October, and the 1976-77 fiscal year saw $156.9 million in CCC loans for grain storage and drying.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Commodity Credit Corp
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