Word: hog
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...August, estimates were that $2.2 billion would be needed for price support, some $1.1 billion less than fiscal 1955, but $1.1 billion higher than originally estimated last January. But with bumper crops and declining farm prices, no one thinks that even the revised estimates are high enough. Falling hog prices, for example, forced the Administration into an $85 million buying program a week...
Minnesota's Republican Senator Edward J. Thye, among other public officials, backed them up. He asked for a quick, short Government pork-buying program while the fall hog run is at its height. Said a Benson aide: "The Department of Agriculture is watching the hog market closely, and has already developed machinery for making purchases, should they be deemed necessary. Buying could get under way on short notice." The purchases would amount to something like 170 million lbs., only 1½% of the year's total expected output. But it is big enough to raise prices if compressed...
Benson also had the tricky corn-hog ratio to consider. This ratio determines, in effect, whether a farmer can make more money by selling his corn or by feeding it to his hogs (it takes about 9 bu. of shelled corn to put 100 lbs. on a hog). When the price of corn is low in relation to that of hogs, it is more profitable to turn the corn into pork; that was the case through most of 1954, with the result that the 1954 fall pig crop was 16% bigger than in 1953, and the 1955 spring pig crop...
...Gainesboro. Under his vocational agriculture teacher, Robert ("Woofie") Fox, Joe began studying the schoolbook side of modern farming: crop rotation, contour plowing, terracing, grass and grain mixtures for good cover crops, soil testing, plant foods, livestock bacteria, basic veterinary practice. In shop class, Joe learned how to build hog feeders and cattle chutes, how to wire a barn for electricity, how to hang gates, how to solder and weld, and how to care for his machines. (Lesson I: "Grease is cheaper than bearings...
...Beginning to make good money from his Durocs, he decided he could do even better with a modern, sanitary farrowing barn. When his father resisted the idea, Joe and Donald came to a resentful impasse before Thelma intervened with a compromise. Donald ended up contributing $400 toward the new hog barn, with Joe paying another...