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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Sep 09, 1976
Page
3
Washington AP report from the Agriculture Department finds that large farms earned profits in 1970 while many smaller operators posted net losses after considering investments and equity. Of over 429 million farms that year two thirds faced losses, forcing some growers to rely on outside jobs for support.
Officials cite a 1970 census based report showing 1.96 million farms with under 10 000 sales produced 11.8 percent of U.S. food and fiber while 966 000 farms earning 10 000 or more supplied 88.1 percent. The largest farms averaging 100 000 or more in sales posted 6.9 percent net asset returns, with smaller farms relying heavily on off farm income.
Researchers from Purdue University and the University of Missouri report soybean seeds maintain 98 percent germination when kept at 50 degrees or below after maturity. At 68 degrees or higher, over 20 percent become infected within four days, while at 50 degrees infection is slow and under ten days, and below 50 degrees no infection occurs.
Agricultural engineers report two dozen tests at eight locations, led by George H. Foster and Robert M. Peart, indicating supplemental solar heat can hasten low temperature grain drying in humid corn belt regions. Tests show solar drying reaches safe moisture with minimal spoilage in corn and other grains, with energy savings varied by region and fuel costs.
Wellsville grain farmer Eldon Schrader has grown mile sorghum for over a decade, praising its drought resistance though this season’s dry weather stresses his crop. He notes early planting amid forecasts of drought caused cold and dry conditions, and that milo, grown with soybeans in rotation, uses less water and suits dry regions. Schrader, planting Northrup King mile with yellow endosperm, won an outstanding yield award in 1971 and farms about 400 acres this year. he plans to tour the Valley Irrigation Co. plant in Omaha later this week.
University of Missouri dairy scientist H. Allen Garverick presented at the American Society of Animal Science showing that injecting pregnant cows with dexamethasone plus estrogen could induce calving within 72 hours, boosting daytime births and reducing labor needs, though with higher retained placenta risk compared to spontaneous calving.
The Land Bank invites borrowers to explain their reasons for borrowing and their goals for prosperity. It emphasizes understanding needs and presenting a carefully planned loan with a reasonable rate and terms for agricultural financing.
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