President Carter Boosts Milk Price Supports to 83 Percent
President Carter chose an 83 percent level for milk price supports, higher than secretary Bergland’s recommendation. The April 1 rate rises to 9 dollars per 100 pounds, up from 8.26, potentially raising consumer milk prices by about 6.2 cents per gallon in two to three months. The Agriculture Department offered three parity options, with White House aides guiding the final choice within a 75 to 90 percent range.
MENTIONED IN THIS ARTICLE
Washington
Carter
National Milk Production Federation
Bob S. Bergland
White House
Agriculture Department
Milk price supports and parity under review in 1970s policy
The report outlines the dairy price support in cents per hundredweight set at 8.26 last October, tied to parity at 80 percent, then drifting toward 75 percent. It notes milk retail price around 1.66 to 1.67 per gallon, farmer share at 54 percent, and discusses potential shifts to 85 percent parity, with projected impacts on farmer income and consumer prices.
MENTIONED IN THIS ARTICLE
USDA
Gerald R. Ford
Carter
White House
Great Plains Snowstorm Delivers Mixed Moisture to Parched Regions
A USDA weekly weather review notes significant precipitation from a Great Plains snowstorm across Colorado, Wyoming, Nebraska, South Dakota and Kansas, improving moisture for winter wheat and other crops. Washington, Oregon and Northern California also received limited moisture by March 18. The report cites greening wheat in Kansas and an anticipated 1977 harvest smaller despite gains, with a 1.1 billion bushel wheat stockpile projected by June 1. It also notes the Soviet Union’s favorable moisture conditions and a tight world export market for wheat.
MENTIONED IN THIS ARTICLE
Washington
Great Plains
Agriculture Department
Colorado
Wyoming
Nebraska
South Dakota
Kansas
Oregon
California
U.S
USDA
Soviet Union
Ussr
Farm Outlook Meeting With Missouri Expert In Mexico
A quarterly farm outlook gathering is set for Wednesday March 30 at 7 30 p m in the courthouse community room in Mexico. Glen Grimes and Dr Richard Rudel from the University of Missouri will discuss cattle hog corn soybean and wheat outlooks. Farmers and interested persons may attend and information will also be aired on FM radio.
MENTIONED IN THIS ARTICLE
Mexico
Glen Grimes
Richard Rudel
University of Missouri
Also Mentioned on This Page
Bergland
MFA Oil Products and Service
MFA
MFA Oil
Clarence Groves
W. Liberty St
Missouri
John Deere
Weed Eater. Inc
Sydenstricker Implement Co, Inc
Land Bank
Joan
Federal Land Bank
Association OF Mexico
Salinas
Calif
Valley Center
Detroit Diesel
Deutz
Onan & Lima
Gorman-Rupp
Berkely
Hale
Johnston Deepwell
Amarillo
Johnson, and
Randolph
Pierce, Gheen, Dresser, and
Sure
Flo
Alcoa
Gifford Hill
Reynolds Aluminum
Wvives Valmont and Commercial Credit Equipment Co
Waterman Valves
Watson
Protek
Bill Kohl
Jim Lierheimer
Fred Kohl
Vandalia
Kies
Eradicane
Stauffer
Stauffer Chemical Company Agricultural Chemical Division
Worthington Drive
Maryland Heights
International Traveler
Ihcc Credit Plan
Mexico, Mo
Automotive Sale
Sears
Sears, Roebluk and CO
W. Jackson
Morton
Ing