Word: feeder
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...later delivery began climbing. In the past month the price of Kansas City wheat jumped from $2.20 to $4.05 per bu. Corn sold in Chicago rose 42? per bu., to $3.17. "The whole psychology for increased farm prices is already here," insists Charles Kershaw, a prominent Southern California cattle feeder who expects meat prices to rise later as feed grains for cattle and hogs become more expensive. Butz reacted to the complaints by asking all U.S. grain dealers to enter into no more contracts with the Soviet traders until the U.S. corn and wheat crops could be more precisely forecast...
Away from Subsidy. As recently as 1967, Allegheny Airlines and two smaller lines that it has since taken over were collecting $12.5 million a year in Government aid. But this month Allegheny became the first of the nine U.S. "feeder" airlines to go off federal subsidy entirely - at its own request. The line, President Leslie Barnes proclaims, no longer needs a dole. He told stockholders that profits in the first six months of 1974 would equal or exceed the record $6.2 million earned on $325 million revenues...
...steers. The cost of fattening the animals has about doubled in the past year, so that for calves that go on feed this month it will be about 50? per lb. This surge results mainly from zooming prices for corn, the main ingredient in a feeder steer's diet. But packers last week were paying only 41? a lb. for the fattened steers. In Greeley, Colo., one of the nation's feed-lot centers (see box), some operators were taking losses of $100 or more on each steer sold...
Greeley, Colo., has a population of 43,000 human beings and several hundred thousand head of beef cattle. The cattle can be found in hundreds of feeder pens within miles of the city's center, drinking, snoozing and, most important, eating. In the most modern of these operations, the food is blended by highly sophisticated, computerized feed mills. Last week TIME Los Angeles Bureau Chief Richard L. Duncan visited Greeley and sent this report on the sights, sounds and smells of a thoroughly streamlined feed-lot operation...
...fact, the entire plan emphatically downplays the automobile. It includes no new superhighways or highway interchanges. "Nothing destroys the community fabric, the neighborhood focus, more than highways," says Harold Jensen of Illinois Center Corp. Instead, a feeder subway line will be built, plus new parking lots at terminal points of mass transit lines. Traffic consultant Bob Maxman of Alan Vorhees & Associates explains: "We tried to give the city not to cars but back to the people...