Stores Not Passing On Cut Prices to Shoppers
Agriculture Secretary Earl L. Butz said supermarkets have not fully passed reduced farmer prices for meat to consumers. He noted retailers may be offsetting slim profits from a price freeze and urged faster reflection of lower wholesale prices at retail counters to avoid future controls or boycotts. He cited wide marketing spreads and noted August figures as context.
MENTIONED IN THIS ARTICLE
Washington
Earl L. Butz
Butz
National Association of Food Chains
Buzz
Omaha
Agriculture Department
Tom Stroup Attends Missouri Agricultural Seminar
Tom B. Stroup of Lenton City took part October 8 9 in a University of Missouri Columbia seminar on agricultural marketing and policy. He is with the Scott County extension center staff. Invited agricultural leaders discussed and defined key issues from diverse backgrounds.
MENTIONED IN THIS ARTICLE
Tom B. Stroup
Lenton City
University of Missouri
Columbia
Scott County Extension Center
Four Audrain Breeders Sell Bulls at Missouri Sale
Four Audrain County breeders Emmett Dodson Mexico Robson Farms Mexico Cheryl McBride Centralia and Robert Pollard Sturgeon will offer 256 bulls at the Missouri Performance Tested Bull Sale on November 2 1973. Breeds include 137 polled Herefords 85 Angus 24 Herefords 3 polled Shorthorn 4 Charolais 2 Limousin and 1 Red Angus. All bulls meet sale standards from about 2200 tested with strong performance and conformation records.
MENTIONED IN THIS ARTICLE
Dale Schwarre
Audrain County
Missouri
Emmett Dodson
Mexico
Robson Farms
Cheryl McBride
Centralia
Robert Pollard
Sturgeon
Tough Stalks Save Corn And Fuel
Marcus Zuber of the University of Missouri Columbia has spent years breeding corn stalks to resist lodging, aiming to keep ears in the field until moisture drops to 17.5 percent to reduce drying costs amid a fuel crisis. He tests stalk strength by crushing sections and has completed five stronger cycles with no observed yield loss or reduced digestible dry matter. Stalk rind drives about 60 percent of strength, while pith adds surprisingly. lodging remains influenced by weather and pests.
MENTIONED IN THIS ARTICLE
Columbia
Marcus Zuber
Zuber
USDA
University of Missouri- Columbia
Act To Hold Down Soaring Dairy Prices
Washington AP The Department of Agriculture urged no rise in government prices paid to dairy farmers under federal milk marketing orders, a move seen as curbing rising milk costs. The Cost of Living Council backed the stance and proposed temporary removal of import quotas for butter and cheese to boost supply and tame prices, following a prior call to lift quotas on nonfat dry milk.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Agriculture Department
Cost of Living Council
Council
Farmers Head For Record Export Year
American farmers are on track for a record export year as the Agriculture Department reports 2.69 billion dollars in farm exports for July and August of the 1973 74 fiscal year. Grain and grain products lead the two month total, with projections suggesting 160 to 200 billion in value for 1973 74. The report also shows ten states accounted for about 75 percent of last season's exports, led by Illinois Iowa Texas California and Indiana.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Economic Research Service
USDA
Agriculture
Earl L. Butz
Department
Illinois
Iowa
Texas
Kansas
California
Indiana
Minnesota
Nebraska
North Carolina
Missouri
Crop Loans Available to Farmers in 1973
Agriculture Department warns farmers via ASCS offices that price support loans exist for 1973 crops. High cash prices draw wheat growers away from loans despite the $1.25 per bushel loan rate, with only 28.5 million bushels under loan nationwide as of Sept 1. Officials emphasize loans can offer interim income and independence while noting ASCS cannot advise on marketing timing.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Kansas
USDA
Agricultural Stabilization and Conservation Service
ASCS
Futures Board Sets New Grain Delivery Points
The Chicago Board of Trade named Toledo and St Louis as delivery points for cash corn and soybeans, aiming to curb price swings and keep futures prices aligned with cash market activity. The move requires member approval and follows a wide delivery-point study. A Gulf Hard Red Winter Wheat contract was also announced for potential trading with Kansas delivery points.
MENTIONED IN THIS ARTICLE
Futures Board
Chicago
Chicago Board of Trade
Toledo
St. Louis
Warren W. Lebeck
Exchange
Kansas
Lebeck
Grain Board Oppose Major Changes in Futures Trading
Washington grain leaders Hearne Christopher of Kansas City and Alvin W. Donahoo of Minneapolis testified before a House committee, opposing major reforms to the Commodity Exchange Authority. They argued reforms should be industry-led, not government, and defended the futures system as sound amid stresses. They cited ongoing investigations into price manipulation cases linked to Kansas City pits and warned against creating a larger independent DEA with SEC-like powers.
MENTIONED IN THIS ARTICLE
Washington
Kansas City Board of Trade
Minneapolis Grain Exchange
Hearne Christopher
Kansas City
Alvin W. Donahoo
Minneapolis
House
House Agriculture Committee
Agriculture Department
Commodity Exchange Authority
CEA
Senate
Justice Department For Prosecution
Christopher
DEA
Securities and Exchance Commission
Also Mentioned on This Page
Tom Stroup
Headquarters
Joan
DR. Morgan
Gordy
Rufus
Dick Dick Tracy
Bob
Pike
Miss Melba
JL Abner
Besterman
Come
Blondie
Mary Worthers
Mre Worth
Edi
Rassler
Dawter
Willink
MR. Harwood
Community A-6 High School
Midcontinent Farmers Association
Future Farmers of America
David Thomas
MFA
Dwight D. Seegmiller
Decorah
F.F.A
Free-6
Clarence Ray
Eft
Laddonia
Grain Board
NO Bank Association
Hwy
Live Stock
Centralia, Mo
Ayr
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