Figures Show Farmers Better Off Than Ever
Washington AP reports preliminary USDA figures show the nation's farming industry rose to 370.6 billion in value as of Jan 1, up 7.7 percent, with farm equities at a record 298.2 billion and debt at 70.1 billion. Livestock value 29 billion and crop inventories 15 billion reflect rising assets. Real estate value climbed 22.8 billion to 251.4 billion.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Economic Research Service
USDA
NFO Presses for Higher Government Crop Supports
The National Farmers Organization urged President Nixon to raise 1973 crop supports to shield farmers from bankruptcy caused by expanded production. Oren Lee Staley asked for corn at 1.40 per bushel and wheat at 1.75, arguing inflation costs should not fall on farmers and that loose programs risk rural bankruptcies.
MENTIONED IN THIS ARTICLE
Washington
National Farmers Organization
NFO
Nixon
Oren Lee Staley
NFC
Staley
Agriculture Department
Crop Insurance Changes Announced For Audrain County
William Ehrlich, field representative for the Federal Crop Insurance Corporation, announced changes for the 1973 corn and soybean insurance in Audrain County. The county’s rework boosts bushel guarantees under a new management program, with soybean improvements as well. Ehrlich cites farmers’ increased production investment and notes insurance covers drought, moisture, disease, flood, hail, insects and other hazards. For details contact Ehrlich at 314-373-2256.
MENTIONED IN THIS ARTICLE
William Ehrlich
Laddonia
Rte 1
Federal Crop Insurance Corporation
USDA
Audrain
Ehrlich
Mr. Ehrlich
Profit Not Always Tied To Yields
Dale Schwarre analyzes Corn Profit contests showing high yields don’t always equal highest profits due to production costs. Across 1968 to 1972, costs per acre varied from about $98 to $111, with profits per acre peaking in 1972 despite lower yields in some rows and tillage methods.
MENTIONED IN THIS ARTICLE
Dale Schwarre
Small Farmer May Not Need Waste Permit
EPA considers deregulatory steps for small farmers amid public feedback on a simplified discharge permit form. Deputy director Robert Schaffer noted a longer comment period and the search for a clear cutoff point to exclude farms with minimal pollution, such as a chicken and a cow. The agency aims to publish rules within two months, aligning permit decisions with major polluters rules.
MENTIONED IN THIS ARTICLE
Washington
Environmental Protection Agency
EPA
Robert Schaffer
Office of
Schaffer
Corps of Engineers
Montgomery Park Producers Elect Reelected Board Members
Bill Myers and Jim Mertz were reelected to the Montgomery County Pork Producers Association board. Other members include Fred Vedder Jr. Don Cahill B. R. Pace and Arthur Gerloff. About 125 producers attended the Sixth Annual Meeting in Montgomery City on January 13. Membership stands at about 70 with over 40 producers in the county not yet carded.
MENTIONED IN THIS ARTICLE
Montgomery City
Bill Myers
Jim Mertz
Montgomery County Pork Producer's Association Board
Fred Vedder Jr
Don Cahill
B. R. Pace
Arthur Gerloff
Soybean Seed May Be Short
A Missouri farmer notes a potential seed shortage as germination tests show variability in recently harvested soybeans. Extension agronomy specialists urge early testing, with several certifying agencies lowering minimum germination to 70 percent. Ag Day at the University of Missouri set for February 2, 1973, with awards and a congressional address.
MENTIONED IN THIS ARTICLE
Montgomery City
Louisiana
Missouri
William J. Murphy
University of Missouri- Columbia
Murphy
Missouri Seed Improvement Association
University of Missouri- Columbia College of Agriculture
UMC
U.S
Elmer R. Kiehl
College of Agriculture
Farm Record Meeting Friday Explains Mail In Program
A Farm Record meeting will be held Friday in the Courthouse at 10 30 a m to discuss the University of Missouri Mail-In Farm Record Program now updated for 1973. It offers quarterly expense receipts monthly cash balance reports tax management depreciation schedules and farm records analysis to aid future planning with an opening cost of 100 dollars for the first year.
MENTIONED IN THIS ARTICLE
University of Missouri
Two Options For Farmers On Set Asides
Audrain County farmers face two options under the 1973 Feed Grain Program ASCS Manager Mary Bosler says Option A requires a 30 percent set aside with payments based on one half the base times the yield and 35 cents for corn 33 cents for grain sorghum and 28 cents for barley Option B requires a 15 percent set aside and no planting beyond 1972 levels with payments based on one half the base times the yield and 24 cents for corn 2 cents for grain sorghum and 20 cents for barley Alternate crops may be used on set aside land including sunflower safflower sesame guar mustard seed castor beans cranube and plantage ovito Sign up runs Feb through March 16 1973.
MENTIONED IN THIS ARTICLE
Audrain County
ASCS
Mary Bosler
Noel to join executive committee of CLMA in San Antonio
Forest T. Noel of Missouri Livestock Market Center in Mexico will be installed as a member of the executive committee of the Competitive Livestock Marketing association on January 26 in San Antonio, Texas. The 20 man executive committee serves as the policy making body of the corporate group.
MENTIONED IN THIS ARTICLE
Livestock Marketman Forest
T. Noel
Missouri Livestock Market Center, Inc
Mexico
Competitive Livestock Marketing Assn
San Antonio
Texas
Industry Board selects new president for trade association
Allen C. Driver of West Friendship Maryland will be installed as president of the industry board trade association in the United States and Canada. He succeeds Robert Phillipson of Franklin Nebraska.
MENTIONED IN THIS ARTICLE
United States
Canada
Allen C. Driver
West Friendship
Robert§. Phillipson
Franklin, Neb
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Montgomery Park
M&a Tire Center
N. Olive
Road & Farm Service
Dayton
Federal Land Bank Assn
Livestock Center
Atul
AGMO
MFA
Noel To Livestoc
K Industry Board
Roy Parker
Bellone
Jefferson
Corno
Corno Feed Products
Mr. Black
Feed and Produce
Consolidated Electric Co-Op
Storch Ford Mercury, Inc
Torino
LTD
FORD
Plymouth
American Motors
Ave
Vandalia
Green City
Heifer Sale
Litton Charolais
Cherry County
Nebr
Calve
Colorado
O.C.V
C.C.V
Karlor David Boehner