Milk price dip predicted for 1949 by New York experts
Economists at the New York State College of Agriculture forecast a slight decline in the record milk price paid to dairy farmers in 1948 and lower dairy product prices in 1949. They cite more milk used for lower-return outlets and weaker returns for manufacturing purposes, with total production expected to rise due to higher per cow yields.
MENTIONED IN THIS ARTICLE
Ithacap
New York State
New York State College of Agriculture
New York
Livestock and milk trends show stable 1949 outlook
The report notes favorable early year supplies for ladies products and a small drop in state cow numbers after 1948. It cites consumption and per capita milk use remaining near 1948 levels, while retail milk prices edge up about three cents from 1947 to 1948. The metropolitan area consumption trend is expected to stay similar to last year.
Weather, demand, and coal output hit by mild conditions
A nationwide survey shows some unemployment and shorter work weeks in the coal industry amid a 70 million ton above ground surplus. Mild weather and year end inventories curb demand, with soft coal destined largely for domestic users in New York City and Pennsylvania fields facing potential four day weeks.
MENTIONED IN THIS ARTICLE
BRUCK
Domentle
New York City
Pennsylvania
Hfe
Ken Hicky
Calamata
Maryland
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