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Only in the past few months have they risen high enough for producers to consider seriously holding more cattle back from the market for breeding. Says Lauren Carlson, president of the National Cattlemen's Association: "We are at the critical point right now. Every cattleman is going to be making decisions in the coming weeks that will affect prices for a long time." The decision should be made easier because futures prices for cattle have jumped 50% in the past year and reached new records-a sign that prices will go higher in the months ahead. Thus it would...

Author: /time Magazine | Title: Business: Meat Bites Back | 4/23/1979 | See Source »

Once a cattleman chooses to keep rather than sell his heifers, the long, three-year breeding cycle begins. A heifer born this spring cannot be bred for another 15 months. This is followed by a nine-month gestation period. Since most producers like to breed their cows twice before sending them to market, this spring's newborn calf will not be ready for slaughter until early 1982. Only then are prices likely to ease. Says Alfred Kahn, the White House inflation adviser: "While ranchers are rebuilding their herds, prices will probably stay well above 1978 levels for the next...

Author: /time Magazine | Title: Business: Meat Bites Back | 4/23/1979 | See Source »

...another thing, Ball urges "an outright declaration by the U.S. that the Palestinians in the West Bank and Gaza are not a lesser breed and that they have the right to self-determination." In the context of a final peace settlement, moreover, Ball suggests that the U.S. consider establishing a military base on the West Bank in order to reassure both sides of the American determination to help keep the peace...

Author: /time Magazine | Title: World: Roomful of New Realities | 4/9/1979 | See Source »

...obvious possibilities of a new art form had been all but exhausted. The spontaneous creativity of the early years was replaced by an inhibiting historical perspective and a prevailing pessimism, a sense that there was nothing new left to do. George Thorogood, perhaps the most distasteful of a new breed of rock and roll reactionaries, declared his intention never to write his own songs because "Chuck Berry wrote them all already." Keith Emerson and other art-rock enthusiasts tried to lift the medium out of itself, and in so doing created something which, in Nick Lowe's phrase...

Author: By Paul A. Attanasio, | Title: Kill Rod Stewart | 4/4/1979 | See Source »

...donning the medical waistcoat again, psychiatry also hopes to shed what Asimus calls its "freaky" image. As he explains it, even doctors have traditionally regarded their psychiatric colleagues as "a strange breed of people" who picked the specialty to work out their own hang-ups as much as those of their patients. Public misconceptions about psychiatry are still worse, including the cartoonist's idea that almost all psychiatry, rather than just traditional analysis, is done on a couch. For years psychiatrists have also been regarded as medicine's robber barons. In fact, as medical specialists go, they rank relatively...

Author: /time Magazine | Title: Psychiatry on the Couch | 4/2/1979 | See Source »

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