Word: livestock
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Dates: during 1950-1959
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...Hassle over Pork. As Ezra Benson moved across the U.S., such assistance was needed. In Chicago he trudged through the manure in the stockyards, spotted and sold (to a livestock commission buyer) a choice lot of hogs at $15.25 a hundredweight, 25? above the day's previous high. Given a stockman's cane as a souvenir of his feat, Benson later referred to the cane as a reminder that hogs should never "go below that price again." But before the week was out, the top for hogs in Chicago had slipped...
...surplus commodities. Benson explained: "We would use the surplus to use up the surplus." Farmers who joined the conservation reserve would get compensation for taking acres out of production for five to ten years and for planting grass or trees; these farmers would have to guarantee not to graze livestock on their conservation reserve for a specified period, so as not to add to the surplus of livestock and food...
...they can really get their teeth into? Why not, for instance, offer luscious Myrna Figg to the reader who can write the best love letter? Headed by a Machiavellian newspaperman, a group of literary zanies do just this. They take over an innocent weekly, The Slaughterhouse Informer, devoted to livestock prices, and stuff its dreary, beefy pages with scandalous matter. They feature Myrna Figg on the cover, over the bold caption: THIS BEAUTIFUL BRIDE
Stopgap Plan. All across the prairies, farmers dug into savings for cash to meet their taxes, payments on land and farm machinery. In Sanford, Man., the local credit union closed its books when the outstanding loans reached the legal limit. In Alberta farm towns, barter in livestock began to replace cash sales. In Saskatchewan, idle farmers swamped the National Employment Service with job applications. Last week the government offered a stopgap plan for the government to guarantee bank loans to farmers with stocks of unsalable grain. The scheme disappointed many farmers, who had hoped for straight cash advances on their...
Into the nation's twelve main livestock centers last week trampled a horde of hogs that was 40% greater than in the same week last year. As a result, prices in Chicago flopped to $14.35 per 100 lbs., their lowest level since 1945. It meant trouble not only for farmers, but also for the Republican Party. Corn-belt voters loudly demanded that Agriculture Secretary Benson come to the rescue with a Government buying program...