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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Nov 06, 1975
Page
4
USDA planners project a 1975 corn harvest of a record 5.7 billion bushels and say at least 5.9 billion will be needed in 1976-77 to meet domestic and export requirements. The 89 million acre feed grains allotment for 1976 remains a base for target price payments rather than a planting limit.
World soybean production reached a record 61.3 million metric tons, led by Brazil’s rapid growth. The United States produced about 40.1 million tons, down from its 1971-73 peak, while Brazil’s harvest jumped to 9.6 million tons, near doubling from two years ago, as global output rose from 51.9 million tons last year.
Dr Clair E Terrill director of USDA sheep research for a decade will headline Sheep Day at the University of Missouri Livestock Center on November 13. He returns from Russia and Asia to discuss sheep predator control in the morning and the future prospects for the U S sheep industry in the afternoon. Terrill based at ARS Beltsville Md earned his Ph D from MU.
Bill Domermuth warns livestock producers about winter losses from malnutrition and the need for calories over protein. Molasses can supply energy, with urea as a protein source under careful, slow adaptation and with high quality roughage. Include salt minerals green hay or corn, and use stalk fields before fescue for winter grazing.
Jefferson City Missouri James B Boillot director Missouri Department of Agriculture urged Missouri Congressional Delegation to support unrestricted movement of agricultural products in world trade. He argued for credibility and a strong agriculture economy in response to State Department actions on grain sales to Russia. NASDA statements urged a leading role for the U S Secretary of Agriculture to shape U S international trade and end federal agency trade manipulation.
Washington reports farmers have increased electricity use and spending as energy shortages persist. Midyear 1975 average farm bill rose to 35.40 dollars monthly, up 23 percent from 1974. nationwide usage reached 1 149 KWH, with California highest at 4 800 KWH monthly and New Hampshire highest rate at 4.5 cents per KWH.
You expect a loan for extra years and a reasonable rate when visiting the Land Bank for agricultural financing. The bank aims to understand your borrowing reasons and your prosperity goals. Come in and learn how we can help meet your objectives with a well crafted loan plan.
U S meat imports climb toward the 1974 Ford admin voluntary restraint target for foreign beef. Through September 1975 imports totaled 933.4 million pounds, nearing the 1.18 billion pound annual limit. Australia led with 555.8 million pounds, New Zealand 233.8 million, and Canada showed a surge in September. Thirteen other countries were on the approved list to ship fresh or chilled meat to the United States.
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