Farmers Invest Record Harvest Profits In New Equipment
Farmers reinvest profits from a record harvest into equipment as loan officers report strong demand for loans despite rising operating costs. Officials warn inflation and fuel prices could erode profits, urging debt paydown to protect equity within six to twelve months.
MENTIONED IN THIS ARTICLE
Diane Yeamans
Bill Ransom
Peoples National Bank
Ransom
Daryl Flager
Kansas State Bank
Arlen Frank
Production Credit
Doug Allen
Federal Land Bank Association
Land Bank
Rural Children Tend To Stay On Farm
A Kansas City report shows farmer families are likelier to return to rural areas than urban youths, with retention higher for those over 30 and with families. It urges farming communities to expand good jobs, services, and recreation to attract residents, noting the Ozarks commission funded the study.
MENTIONED IN THIS ARTICLE
Kansas City
Kansas
Jan and
Cornelia Flora
Kansas State University Population Research Laboratories
Ozarks Regional
James Converse
K-State
Cattle Price Forecast Divided On Timing Of Hikes
Washington AP reports that cattle price outlooks vary. USDA projections point to strength in early 1980 with steers around 67 dollars per hundred pounds, rising to 68 72 in Q1 next year, then easing. Others, like Purcell and Davis, foresee sharper gains reaching the mid 370s to 80 per hundred pounds by spring or early summer.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
U.S
American National Cattlemen’s Association
Wayne Purcell
Virginia Polytechnic Institute
Farm sector faces higher borrowing costs slowing cattle feedlot growth
An association cites high interest rates and tighter money supply as factors limiting new cattle placements in feedlots. USDA data show breakeven prices for 600 pound feeders imply steep costs to reach profit, while soybeans remain a key oil source amid record world fats and oils output. Cotton exports in October reach a 1960s high, led by South Korea and China purchases.
MENTIONED IN THIS ARTICLE
USDA
Statistics and Cooperatives Service
Washington
United States
Agriculture Department
South Korea
China
Grain exports rise as U S moves record grain exports despite issues
Kansas State University's Robert Shoeff notes the United States moved a record 467 million bushels of grain in October after a prior record month, with barge loadings exceeding 41 million bushels weekly for five weeks. Private hopper car ownership climbs, export facilities modernize, and Russia signaled higher freight rates and ongoing demand for U S wheat.
MENTIONED IN THIS ARTICLE
Manhattan
U.S
Robert Shoeff
Kansas State University
Sheeff
K-State
Russia
U. S
Canada
Australia
Kansas wheat crop 1979 revised higher at 430.4 million bushels
The 1979 Kansas wheat crop was revised up to 430.4 million bushels as acreage harvested was reported 200000 more than first thought. The previous 1979 estimate stood at 402.5 million bushels with 10.6 million acres at 38 bushels per acre and the 1980 forecast placed at 332.8 million bushels.
MENTIONED IN THIS ARTICLE
Topeka
Kan
Kansas
Kansas Crop and Livestock Reporting Service
William Kastens
USSR Buys More Corn
The Soviet Union purchased 350000 metric tons of U S corn for delivery by September 30 next year. The sale raises total 1979 80 grain imports for the Soviets to over 16 1 million metric tons, including 5 2 million tons of wheat and 10 9 million of corn. Kansas wheat crop prospects dimmed by wind erosion and moisture shortages.
MENTIONED IN THIS ARTICLE
Washington
India
Agriculture Department
U.S
Department
USDA
Foreign Agricultural Service
United States
Soviet Union
Also Mentioned on This Page
ISOME
Rigid Form, Inc
Richmond
Ussr
Kastens
TIRE
SCOTT
Wickes
P.O. Box
Lawrence
National SemiConductor
Treasury
FSLIC
Ottawa
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!