Word: livestock
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Chairman George A. Eastwood had an answer to the Government's charge in an antitrust suit (TIME, Sept. 27) that meat packers had conspired to keep prices high, and thereby assure high profits. Because of the ten week packinghouse workers' strike and the upsurge in livestock prices last spring, Armour & Co. will wind up the year with a $2,000,000 loss on close to $2 billion in sales...
...give that answer. If vaccination fails to wipe out the plague, then Mexico must probably resign herself to living more or less permanently with aftosa, controlling it as best she can. And the threat of disastrous infection from across the border will hang heavy over the $11 billion U.S. livestock industry...
...boys," he said, "just left them on the tree. They just didn't sell well." In the rich San Luis Valley, farmers estimated that a quarter of a million crates of lettuce and 70,000 tons of cabbage had been plowed under or fed to livestock. Despite an 11% cut in apple production, some 5,000,000 bushels of apples will go to waste this year...
After declining steadily for a week, livestock prices hit their lowest point in more than four months. The cave-in loosened the prop under retail prices. Most Eastern food chains promptly slashed as much as 19% off some pork prices, 35% off beef. Stores in Cleveland, Detroit, Chicago and points west followed suit, in some cases with even bigger slashes. Dun & Bradstreet's wholesale food price index dropped to its lowest point in 14 months...
...shorter supply would raise prices. Nevertheless, except for hogs, prices stayed down. The Department of Agriculture, which mortally hates and fears a fall in farm income, predicted that the lower prices would not last. Many another expert thought differently. Mark W. Pickell, executive secretary of the Corn Belt Livestock Feeders Association, said that prices would be "lower in November and December," even lower next year. Whoever was right, consumers thought the effect was healthy...