Missouri farmers see lower returns in 1976 profits
Missouri farmers in the Mail-In Records study report a drop in average return to capital from 5.96 per cent in 1975 to 5.27 per cent in 1976, with net profits slipping from $29,872 to $29,093. Value of production rose nearly 5 percent while costs rose 10.4 percent, and capital managed per farm rose 12 percent to $500,859. Beef cattle numbers fell 4.5 percent. crop yields matched 1975 lows for corn wheat and milo, though soybeans held up due to price.
MENTIONED IN THIS ARTICLE
Missouri
University of Missouri- Columbia Mail-In
Myron Bennett
UMC
Bennett
USDA
MIR
House Bill Would Double Drought Insurance Money
Washington AP report says Rep. Joe Skubitz proposes boosting the Federal Crop Insurance Corporation capital to 200 million dollars to expand drought coverage. The plan follows Agriculture Secretary Bergland's push to raise funds to 150 million for 1977 crop protection.
MENTIONED IN THIS ARTICLE
Washington
Congress
Federal Crop Insurance Corporation
Agriculture Department
Joe Skubitz
R-Kan
Skubitz
Albrisk
Kansas
Dakotas
Iowa
Minnesota
Bob Bergland
Inspection Charges Will Be Nominal
USDA official says new federal grain inspection and weighing fees will be nominal for farmers. Acting deputy director David R. Galliart told Illinois Farm Bureau members costs are about two tenths of one cent per bushel, with possible increases if grain is inspected multiple times.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
David R. Galliart
USDA
Federal Grain Inspection Service
Illinois
Farm Bureau
Galliart
Beef and Pork Prices Dip While Vegetables Rise
USDA data show retail beef averaged about 1.37 dollars per pound in January, down from December and far below January 1976. Pork hovered around 1.16 dollars, down slightly from December. Farm values shift to middlemen, while beef and pork outlooks suggest moderate prices through mid year amid rising pork supplies and tighter beef output. Stored frozen vegetables declined slightly due to a freeze in the Pacific region and California drought, pushing up fresh vegetable prices. lettuce averaged 46.7 cents per head and endive at 96.7 cents a dozen in January.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
Department
California
Eads
Butter and Cheese Production Rise in January
The Agriculture Department reports rising U S milk product output led by butter and cheese. January butter totaled 106 million pounds up 15 percent from December and 12 percent year over year, the highest since 1972. Cheese output reached 265 million pounds, down from December but up 6 percent versus January last year. Total meat production near 3.3 billion pounds, with beef down 2 percent, pork over 1 billion pounds up 6 percent, veal up, and lamb and mutton down 12 percent from a year earlier.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Also Mentioned on This Page
Powder River Livestock Handling
Dennis Force
Farber
Crowding Alley
Valley Center
Detroit Diesel
Deutz
John Deere
Onan & Lima
Gorman-Rupp
Berkely
Hale
Johnston Deepwell
Amarillo
Johnson
Randolph
Pierce
Gheen
Dresser
Sure
Flo
Alcoa
Gifford Hill
Reynolds Aluminum
Johns-Manville
U.S
G.E
Westinghouse
Baldor Electric
Mitals
Mayayy A
Valmont and Commercial Credit Equipment Co
Waterman
Watson
Protek
Bill Kohli
Jim Lierheimer
Fred Kohli
Ikohl Equipment CO
Vandalia
Buddy Black
Black Feed
Mexico
Bruce Priebe
Minneapolis
Minn
Audrain Cooperative Association
Todd
Highway 54 South
James. H. Wright
H.gene Davis
Henry Shriver
Henry
MFA
Kuker
Agstar
Faca
Bob Berrey
Zimmatic Center
By Lindsay
Central Missouri Irrigation CO
Land Bank Ac Ee
Federal Land Bank
Association OF Mexico
Morton
sEradicane
Delavan
Bsuvin
Staut
Vandelta, Inc
Lexington
Tennessee
Bradicane
Eradicane
Stauffer
Seite
Stauffer Chemical Company Agricultural Chemical Division
Worthington Drive
Maryland Heights
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