Net Farm Income Could Break Record in 1979 Outlook
Washington AP reports grain price surge boosts 1979 net farm income forecast to 30 to 34 billion dollars, potentially a new peak, with the Crop Reporting Board citing higher food price inflation and uncertain energy and transport factors. Corn and soybean output hit records, with planted acres rising for soybeans to 71.7 million.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Crop Reporting Board
Mondale Emphasizes Agriculture in U S China Trade
Vice President Mondale told the Agricultural Cooperator Council that American agriculture will drive stronger economic ties with China. He cited China’s farm modernization needs, a predicted $1 billion in U.S. farm program purchases, and an export program expected to push 1979 U S exports to a record $32 billion. He urged ratification of multilateral trade agreements to cut tariffs and non tariff barriers.
MENTIONED IN THIS ARTICLE
Washington (Ap
Walter Mondale
People’s Republic of China
Mondale
Agricultural Cooperator Council
China
U.S
United States
Council
Congress
Bob Bergland
Diggs Accepts Censure After Payroll Misuse
Rep. Charles C. Diggs admitted he used federal payroll to pay personal debts and agreed to repay 40,031.66 and accept censure from the House. The ethics panel dropped 18 other allegations as the full House endorsement awaits possible September vote. He faces possible expulsion or other penalties but plans to accept censure.
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Washington
Charles C. Diggs
House
Diggs
Ethics
Michigan Democrat
House of Representatives
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