Word: livestock
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...recent months from deliberate Government policies. Butz has budgeted a record $4 billion for 1972 agriculture programs, including $1.9 billion for feed-grain subsidies. Such payments not only jack up the price of, say, feed corn, but also of meat. Reason: when feed grains are expensive, farmers raise less livestock...
...high prices reflect a short supply of livestock. Faced with increased wage and feed costs over the past few years, farmers have trimmed the size of their herds and litters. Now that a bumper corn harvest has made feed cheaper again, cattlemen find it profitable to hold their steers in feed lots longer to wait for beef prices to go still higher. In January, beef production ran 3% behind demand and hog output lagged 17%. Substituting other foods is not the housewives' answer either. The USDA estimates that all retail food prices will rise...
Need for Imports. Although Price Commission Chairman C. Jackson Grayson last week expressed concern that the jump in meat prices would hurt public confidence in Phase II controls, there is not much that he can do to stop it. Like other raw agricultural products, livestock is exempt from price control. Prices of processed meat theoretically are subject to control, but the commission has found it impractical to require packers to ask permission to raise prices every time the quotes on live animals rise...
...need to woo the farm vote seems likely to keep the Administration from raising the voluntary quotas enough to make much difference. Speaking to the National Livestock Feeders Association in Omaha last week, Agriculture Secretary Earl Butz declared: "I say, isn't it about time that beef prices got up to levels of 20 years ago? After all, farmers' costs are 50% higher than 20 years...
...teaching of the practice of scalping and methods of torture perfected during the Inquisition. The English, French and Dutch, though they employed more subtle methods than the Spaniards, achieved the same result. Friendship was met by betrayal. Indian villages were "pacified" by nightriders. Disease, deceit, and destruction of their livestock, their crops, their culture, their land, and finally themselves were dealt to the Indian by the white invaders with whom they had once been willing to share everything, secure in the belief, fundamental to the Indian cosmology, that everything was there to be shared and cherished. The tribes and cultures...