Word: livestock
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Dates: during 1950-1959
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...rejected the finished bill outright, and three other members (two Democrats, one Republican) joined them in a minority report rejecting the feed-grain support clause. It was, they agreed, "the kind of contradiction which caused the President to veto the original farm bill," and would boost costs for dairy, livestock and poultry farmers. The full Senate, considering the bill this week, would have to decide how much attention to pay to the mail and how much to the filigree...
...best-known products of North Dakota are wheat, livestock, and Lawrence Welk. More than 30 million people tune their TV sets in each week on Welk, 53, and his "Champagne Music" (Sat. 9 p.m. E.D.T., ABC). In less than a year, listeners have boosted his Nielsen rating from a puny 7.1 to an astonishing 32.5. Welk and his 24-piece band are consistently beating the four NBC and CBS shows opposite him (People Are Funny, Jimmy Durante, Two for the Money, It's Always Jan). His delighted sponsor, the Dodge Division of Chrysler Corp.. has renewed his contract...
...bushel. While other farm commodities did poorly, the soy did nip-ups for happy speculators: exports from Oct. 1 to March 31 rose nearly 1,000%, compared with the same period a year ago, while domestic producers crushed the beans at a record rate for oils and livestock meal. A trader who put up $180 at Christmas (at an 18? per bushel margin) to buy a futures contract to deliver 1,000 bushels four months later, pocketed a $997.50 profit at the beginning...
...change from a family way of life to a specialized indu try. Through the years new machines- tractors, trucks, combines, multiple plows, multi-row cultivators, a whole catalogue of farm equipment-made it possible for a man to farm more acres of land, to raise more and better livestock (see BUSINESS). That meant the need for fewer people on the farm. It meant (and continues to mean) fewer small, "family" farms, and bigger expertly-managed farms...
After standing by the Eisenhower Administration's flexible price support system earlier (TIME, March 19), the Senate adopted a two-price system for wheat, permitting the Secretary of Agriculture to support at 100% of parity wheat grown for domestic food, while the rest of the crop (for livestock and for export) is supported at lower levels, or seeks its own price on the open market. By a margin of one vote it revived a two-parity formula that will raise support levels for corn, wheat, cotton and peanuts. The one-vote margin for the two-headed system came from...