Cattle Slump Levels Off Briefly Amid Market Hints
AP reports cattle prices stabilized briefly as USDA data show choice grade steers and heifers at Omaha averaging 50.25 per 100 pounds, up from last week and well above a year ago, while hog prices at major Midwest markets averaged 59.90 per 100 pounds for the week ended Sept. 13. Agriculture Secretary Earl L. Butz warned more cattle would move to market this fall, forecasting some price weakness, and noted pork production would inch up seasonally but stay below last year, with grain-fed cattle prices potentially in the mid forties per 100 pounds.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Omaha
Midwest
Earl L. Butz
House Agriculture Committee
Butz
USDA
Hogs and Pigs on Farms Fall in 1975 Estimates
Hog and pig counts across 14 major states as of September 1 1975 show a 17 percent drop from the prior year to 41.5 million while Missouri stands at 3.1 million, down 26 percent from 1974 but up 3 percent from June 1 1975. June-August 1975 pig crop totals 15.0 million, 12 percent below last year and 16 percent under two years earlier.
MENTIONED IN THIS ARTICLE
Missouri
Soybean Reserve Slightly Smaller On Sept. 1
The Sept. 1 old crop soybean reserve stood at 186 million bushels, below prior estimates but ranking as the third largest on record for that date. Officials note a 9 percent year over year increase and farm storage at 76 million bushels, the highest Sept. 1 farm inventory on record, signaling farmers hold beans for higher prices.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Government Farm Loan Rates Rise
The Agriculture Department announced higher interest rates for Commodity Credit Corp loans starting Oct. 1. New and outstanding loans issued on or after that date will bear 7 percent annually, up from 6.4 percent, to reflect increased market costs.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Commodity Credit Corp
Department
USDA
Energy Saving Tips For Missouri Farmers Guide No 1240
University of Missouri specialists publish Agricultural Guide No 1240 offering energy saving tips for farms. Tillage and grain drying are identified as the largest energy users with the best savings potential.
MENTIONED IN THIS ARTICLE
University of Missouri
USDA Workers Trained to Resist Bribes Initiative
The Agriculture Department announced a training directive led by Joseph R. Wright to strengthen ethics among USDA staff. About 25 percent of workers handle regulatory or certification duties and may face pressure or kickback offers. The program aims to improve decision integrity and counter conflicts of interest, with the first phase finishing by December.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Agriculture
Earl L. Butz
USDA
Joseph R. Wright
Wright
Crossbreds May Not Be More Efficient in Feedlots
Nebraska research shows Hereford and Angus crosses outgain parents in the feed lot by 2.2 percent. Crosses of Hereford, Angus, and Charolais gain about 4 percent after weaning versus parent breeds, but feed efficiency is similar for crossbreds and straightbreds when fed to gain. Lasley notes 2-3 percent improvement in feed efficiency for crossbreds if calves are fed after weaning, with little advantage when pastured and finished as yearlings. The black whiteface steer may gain faster but likely consumes more, ending with similar feed conversion to its parent breeds.
MENTIONED IN THIS ARTICLE
Columbia
Nebraska
John Lasley
University of Missouri- Columbia
Homer Sewell
UMC
Lasley
Fertilizer Costs Reduction From Plant and Soil Tests
Farmers who used tissue and soil tests in Audrain County in 1975 could cut fertilizer costs in 1976 by 4.50 to 4.80 per acre on corn if test results are followed. Sixty three samples from corn, milo and soybeans showed specific nutrient deficiencies and adjusted fertilizer recommendations, with average nitrogen up, phosphorus down, and potassium mostly reduced. Most fields were irrigated or planned for irrigation in 1976. lime advised where pH fell below 5.5.
MENTIONED IN THIS ARTICLE
Audrain
Disaster Loans Expanded by FmHA For Farmers Losses
FmHA offers emergency, long and intermediate loans to farmers ranchers and aquaculture operators suffering natural disaster losses. Interest rates vary by loan purpose with 5 percent for actual loss real estate and operating loans at market rates. real estate terms up to 40 years. operating loans up to seven years with possible extension. production loans one year. Contact FmHA Mexico office for details.
MENTIONED IN THIS ARTICLE
Farmers Home Administration
Fmha
Rural Credit Service
U.S. Department of Agriculture
Don V. Wembhoff
Audrain County
Secretary of Agriculture
Office of Farmers Home Administration
East Highway 54
Mexico
Also Mentioned on This Page
Gilmore
West
Land Bank
Penta Eee
Federal Land Bank
DE and
Deutz
Deutz C
Ponce de Leon
Ruth Folta
Cance Laddonia
Lability Jration Fanta
Georgia
Mo-Con Brick & Block
Norelco
Trojan Seed
Laddonia Feed & Supply
Laddonia
Lindsay
Dennis
Lindsay Zimmatic
Central Missouri Irrigation Co
Saey Cattle
MFA Livestock
Korlan
MFA
Ema
Yeer Ts
Bob Berrey
Mexico, Missouri
Warbex
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