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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Nov 27, 1970
Page
10
AP report from Washington notes rising expenses and lower product prices eroding 1970 farm income with 1971 outlook weak. July-September marketings at $48.8B annual rate. production expenses at $40.8B. projected net income around $15.7B for Q3.
AP reports that groceries may cost more by mid next year while the farmer’s slice of the food dollar declines to about 38 cents in the first half of 1971. Wages and transport costs drive price rises. middlemen profits remain flat as distributors and processors share the rest.
Washington AP report shows October live broilers averaged 12.8 cents per pound, the lowest for a month in two years, with September at 13.4 and October 1969 at 14.8. Demand decline and slower shipping cited as factors, while producers had boosted output earlier to ride higher prices.
Informants say the White House rejected the proposed 1971 ACP funding after revised justifications aimed at expanding environmental and urban benefits. Despite congressional approval of about 190 million dollars, the Office of Management and Budget refused to authorize next year's funds following calls from Agriculture Secretary Clifford M. Hardin and others.
The Eastern Missouri Farm Management Recognition Program and Luncheon will be held Tuesday, December 15 at the Crest House in downtown St. Louis. Families from 53 east Missouri counties will be recognized for county, state nomination, or state recognition. Boonslick area honorees include Burkemper, Magruder, Jonas, Uthlaut, Glee, and Hasekamp families. State recipients are Kenneth Shilharvey of Troy and Russell Winter of Bellflower. Sponsors are St. Louis National Stockyards Co, Production Credit Assn of Eastern Missouri, and the University of Missouri Extension Division.
A federal task force told Agriculture Secretary Clifford M. Hardin its recommendations for overhauling the Federal Crop Insurance Corporation. The agency provides all risk insurance to farmers at low cost. A written report is being prepared and will be made public.
Agricultural bulletin guidance from Merle Vaughan urges early planting to mitigate Southern Corn Leaf Blight by Missouri specialists. Fall fertilizer, fall plowing, and planning via Regional Bulletin 161 recommended. yields show advantage to early spring work and May plantings, with alternatives like grain sorghum or soybeans if May planting fails.
Dr. James G. Affleck urged Kansas State University industry leaders to pool genetics nutrition and disease knowledge to meet a projected 62.2 billion pounds of meat by 1980. He noted needs include larger poultry flocks cattle herds and expanded feedlots with advances in antiviral compounds anthelmintics parasite controls and hormonal supplements for faster calves and improved feeds.
Dr Affleck warns animal agriculture must balance controlled use of chemicals with public health. Health Institute stresses risks of deleterious side effects from drugs and feed additives while acknowledging the need to feed a growing population and protect the environment, urging calm against uninformed pressure.
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