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Mexico Ledger in Mexico, Missouri

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Mexico Ledger

Location

Mexico, Missouri, United States of America

Date

Sep 28, 1972

Page

4

Botkins Wins 9000-Pound Stock at Algona Power Show

Van Botkins of Mexico Iowa captured first in the 9000 pound stock class at the 18th annual M and W Farm Power Show in Algona Iowa despite a blown head gasket. He also placed second in the 12000 pound stock class behind Phil Aylward of Memphis Missouri.

van Hotkins Route 3 Mexico Algona Iowa Botkins Phil Aylward Memphis Alyward Ralph Chamberlain Bucyrus Ohio Ron Bayles Fanagan Ill Sydenstricker Implement Co David Williams Centralia Dairy Cattle Congress Waterloo John King Farmington Towa King Chuck Wheatley Pocahontas Wheatley

Soybean Price Could Near Record 3.33

The Agriculture Department says farm prices for soybeans in the marketing year starting Sept 1 could approach the 1947 record average of 3.33 per bushel, aided by Soviet sales. The report notes tight supplies with demand for domestic and export use feeding a banner marketing season and suggests prices may exceed 3 per bushel by five to ten percent. It projects a carryover around 72 million bushels next year, the smallest since 1966, and highlights exports possibly rising to a new high aided by the Soviet purchase and Britain's EC entry.

Washington Agriculture Department Soviet Union U.S Great Britain

Farm Capital Requirements Vary By Type

Harold A. Sterrett notes that capital needed per dollar of farm profit varies by major enterprise. Data from Missouri Mail-In Record programs (1961–1970) show hogs requiring 4.22 dollars produced per dollar return to labor and management, while beef farms rise to about 50.34. Dairy and grain operations also differ, illustrating how weather, prices, and diseases influence capital needs and urging farmers to compare records and consider MU Extension record systems.

Harold A. Sterrett Missouri University of Missouri Extension Division University of Missouri ’Sextension Center

Peanut Supply To Be Bolstered By Record Harvest

National peanut reserves stood at 485 million pounds by Sept 1 a one percent drop from the previous year. Farmers expect a record harvest this fall totaling over 3.1 billion pounds up four percent from 1971, ensuring ample peanut butter supplies despite earlier conditions.

Washington Agriculture Department

Turkey crop up seven percent this year

The Agriculture Department estimates the national turkey harvest at 128.4 million birds, up 7 percent from 1971 and a new high. Minnesota leads with 20.7 million birds, up 12 percent. California 17.5 million, North Carolina 12.4 million, and Missouri 10 million, all rising.

Washington Agriculture Department Minnesota Department California North Carolina Missouri

Size of Farm Mortgages Increasing

Harold A. Sterrett notes farm mortgage size is rising as per the U S Economics Research Service. Large loans above 250 000 grew 37 percent from 1969 to 1971 and accounted for 14 percent of new mortgage loans in 1971, with varied shares by lender type. Regional patterns show Mountain States using 28 percent of large loans while Five Corn Belt States hold 23 percent of land value. Large loans often refinance or consolidate existing debt rather than add new funds.

Harold A. Sterrett U.S. Economics Research Service United States Economics Research Service Mountain States U.S Corn Belt

Missouri soybean and corn crop outlook for 1972

Missouri crops report shows 1972 soybean production at 108.0 million bushels, up 11 percent from 196? and a new national high. Yield per acre remains 27.0, unchanged from August, while corn output near 215.0 million bushels, down 21 percent from last year but up from August forecast due to higher yields. Grain sorghum forecast at 28.8 million bushels, down 40 percent from last year but 11 percent above last month.

Missouri Crop and Livestock Reporting Service Missouri Vivian Cornelius Miss Cornelius Missouri Farmers ‘Association Marshall Highway Glenn Cornelius New London

Farm-Fed Catfish Faces Price Hurdles In U S Markets

Washington AP reports farm raised catfish, grown mainly in the South, struggle to win broad consumer appeal due to price and supply issues. ERS notes retail near 1.10 per pound and limited outlets, despite growth in Arkansas, Mississippi, Louisiana, Texas, Alabama, Tennessee and Georgia with 15 plus processing plants and rising production since 1980.

Washington South Agriculture Department U.S Department ERS Arkansas Mississippi Louisiana Texas Alabama Tennessee Georgia

Missouri Institute of Cooperatives Meet in Columbia

Representatives from Audrain county cooperatives in electrical agricultural and mercantile sectors will attend the Missouri Institute of Cooperatives meeting October 4 to 6 at the Ramada Inn in Columbia. Nelson Willingham, manager of Consolidated Electric Cooperative, was named to the institute board in Columbia. The meeting marks October as cooperative month per Governor Warren E. Hearnes proclamation praising cooperatives for rural Missouri progress.

Audrain County Electrical Agricultural Mercantile Missouri Institute of Cooperatives Ramada Inn Columbia Nelson Willingham Consolidated Electric Cooperative The Missouri Institute Warren E. Hearnes Missouri

Also Mentioned on This Page

van Botkins Turkey Consolidated Electric Co-op Central Missouri Livestock Auction, Inc Mexico, Missouri MFA Dura Duralon Premium Duralon DS Orschein Mexico Area Orscheln Roy Parker Beltone Jefferson F.L.B.A Federal Land Bank Association OF Mexico Mexico, MO Livestock Center CD Land Bank CN Aa Durex
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