Innovations may turn cattle feeding profit in 1975
Dr. Richard McDonald of the Texas Cattle Feeders Association says innovations in feeding waste management, grain prices, and vertical integration could lift the industry from loss to profit in 1975. He cites methane generation, Monnesin hormone prospects, and market changes as key factors, while noting resistance to quotas and ongoing cost pressures.
MENTIONED IN THIS ARTICLE
Richard McDonald
Texas Cattle Feeders Association
McDonald
Joe Lee McMahon
Pecos
Midwest
Texas Tech University
Eli Lilly Company
Sterling Beef
California
Farm shrinkage hits smallest drop in decades
The Agriculture Department reports the U S farm inventory fell by 11 000 farms last year to 2 819 000, the smallest decline since the mid 1930s as total U S farmland declined about 1 4 million acres to 1 086 375 million. North Carolina saw the largest drop, and New York added farms while Texas remained top in farm counts.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
USDA
United States
North Carolina
New York State
Texas
Missouri
Illinois
Kentucky
Tennessee
Texas Leads Nation in Natural Fiber Production
The Natural Fiber State Texas accounts for 97 percent of mohair 30 percent of cotton and 20 percent of wool used in the United States.
MENTIONED IN THIS ARTICLE
Texas
United States
USDA opens rice allotment to aid new growers
The Agriculture Department directs state offices to provide part of the 1975 rice acreage allotment to help new growers join the federal price support program. The order covers this year’s rice program announced December 31 and explains how states will allocate their share of the nationwide acreage allotment.
MENTIONED IN THIS ARTICLE
Don Kendall
Washington
Agriculture Department
USDA
Inflation blamed for woes besetting American farmers
Inflation, not recession, is the nation’s top problem, says Dr. C. Jackson Grayson at Farmland’s annual meeting. He urges less regulation, more productivity, and inflation target of 1 2 or 3 percent, outlining policy steps and predicting wage price controls may reappear in 1975. He contrasts U S inflation with other nations and calls for anti monopoly action and deregulation of agencies. He also discusses rice price support, noting a mandatory 3 percent new farm reserve for producers in 1975 with Feb 14 deadline for applications.
MENTIONED IN THIS ARTICLE
C. Jackson Grayson
Grayson
Southern Methodist University
Congress
Conmere
ICC
FCC
Department
Also Mentioned on This Page
Norma Keyes
Cotton Incorporated Research Center
Raleigh, N.C
Pecos Enterprise
Horace McQueen
Channel 7
Tyler
R.L. Moore
Lee Perkins
Independent Beef Producers of America
Moore
Columbus
Oy Ny
Iowa
Reg
Wring
Bill Dogget
Mar
England
Europe
U.S
Britain
Japan
Italy
Colombia
Chile
Agricultural Stabilization and Conservation Service
ASCS
W. Hwy
Manuel Arvizu, Jr
Arvizu Pipe CO
Balmorhea Hwy
Pecos, Tex
MOBIL
Rawford Go Gaerey
Hughes
eFarm
eFarm Casualty
Cummins
Engine Service
Jimmy Calhoun
Clint Glenn
Baker Pump Corp
Texas Manufactuers OF
Baker and
Complete General Machine Shop