Sell It Quickly Warns Corn Holders In 1977 Stock Outlook
Farmers with last year’s corn urged to sell within three weeks as market analyst James Gill warns carryover of feed grains tops 2.35 billion bushels. With next year’s crop coming, options include feeding to livestock or storing, though quality losses and weather risks loom. Weather forecasters predict another cold, possibly frosty harvest ahead, with a long, cold winter hinted and frost risk across the northern Midwest.
MENTIONED IN THIS ARTICLE
William Prater
Associated Press
Peoria, Ill
James Gill
Kinois Farm Bureau
National Corn Growers Association
Gill
USDA
Iowa-based
Corn Growers
Illinois
Kansas
Nebraska
Indiana
Wisconsin
Michigan
Ohio
Virginia
Texas
Earl Finkle
Central Weather Service, Inc
Finkle
Midwest
Dakotas
Minnesota
Madison
Wis
Upper
Mississippi
Nation's Corn In Good Shape Despite Heat Wave
The Agriculture Department reports the U S corn crop is generally in good condition during July 11 17 due to timely rains in the Corn Belt and along coasts. While southern regions show poorer results, most areas remain good to excellent. 88 percent of winter wheat harvested by July 17. Global grain outlook remains near record, with 1977 corn yield potentially a record, and world grain reserves seen rising into 1978.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Corn
Atlantic
Louisiana
Midwest
U. S
South Dakota
Minnesota
USDA
AAU Sheep Decline Continues In US
Washington AP reports continued shrinkage in the U.S. sheep and lamb flock with wool output falling. The 1977 lamb crop is forecast at 8.5 million head, down 4 percent from 8.9 million in 1976, while wool production is put at 106.1 million pounds, also 4 percent below prior year. Officials cite weak demand and predator issues among factors in the long-term decline.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
U.S
Energy conservation appeal from a natural gas supplier
A public interest message stresses energy as essential to all and warns that natural gas scarcity is real and long term. It urges Americans to make conservation a daily habit, presenting the supplier as a wholesale natural gas provider to local gas companies.
Congress OTA backs boost in crop research funding
A Congress scientific analysis report says doubling crop yields is possible if researchers advance photosynthesis efficiency, algae nitrogen fixation, and cell-culture crop studies. It urges a competitive grant system and plans to raise funding from about 15.6 million to 50 million annually by 1988 to address basic research backlogs.
MENTIONED IN THIS ARTICLE
Washington
Congress
Office of Technology Assessment
OTA
Edward M. Kennedy
Dmass
Missouri Ag Department Faulted for Poor Fund Handling
Missouri farmers and agri businesses paid more than 2 million in fees to the Agriculture Department. A July 11, 1976 audit urged about 20 changes to cash receipts, deposits, license and inspection fee controls, property records, time sheets, loan collections, concession bidding, and license renewals to prevent losses and improve long term planning. Department director Runyan said most changes will be implemented this year.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri
Missouri Agriculture Department
Agriculture Department
Ken Duncan
Duncan
Missouri cattle feeders lose money for third straight year
University of Missouri Columbia reports Missouri cattle feeders averaged 214 head per farm and lost money in 1976. Average price received was 195.08 per head with total costs 256.81, including labor, fixed expenses, and 7 percent interest. Outlook turns modestly optimistic with lower production costs and potential higher beef prices.
MENTIONED IN THIS ARTICLE
Columbia—Missouri
University of Missouri-Columbia
UMC
Myron Bennett
Bennett
Missouri
Also Mentioned on This Page
Wickes
Kaiser
Ing
P.O
Moberly
Lowell Thomas
Panhandle Eastern Pipeline Company
Houston
Commerce
Gary Rosa
Commerce Bank
XICO
FDIC
Main Bank
West Jackson
Motor Bank
E. Liberty
Uptown
Powder River Livestock Handling
Dennis Force Farber
Montgomery County
Powder River
Gual
Federal Land Bank
Auxvasse
Prairie and
Morgan Streets
Philco
Lee
Evelyn Hunt
Junior
Carl McCowan
John McCowan
State Ag Department
Jack Runyan
Department
Charg
W. Jackson
Mexico
Stan
Dorothy
Montgonery
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