Higher Retail Food Prices Noted
Retail food prices ad
vanced during the 2-month
period September 4-
November 6 in 15 world
capitals surveyed by USDA’s
Foreign Agricultural Ser
vice.
In the European countries,
higher feed costs have
pushed poultry, beef, and
Parade of the Profit-Makers
These Plus-Proven Sires Are Available Daily For Your Dairy Herd:
15H141 Sterlnfdalt PIONEER Admiral
Excellent & Gold Medal; PQ [5/74] & TQ [lO/74]
USDA (Fall/74) - 60 Daus. in 30 Herds Ave. 17.223 M
Predicted Difference (62% rpt.) +9O9M
Type: 33 Pr. Classified Daus. Ave. 81.6 (act.); +.54 PDT
Sire: Mooseheart Pioneer -- EX & GM
Dam: Skokie Princess X Royal Alice - VG
135 DAIRY SIRES ARE NOW AVAILABLE THROUGH OUR PROFESSIONAL TECHNICIAN SERVICE!
-fl'tla.ntic
BREEDERS COOPERATIVE
LIVESTOCK
SERVICES
pork prices up.
In the United States, ad
vancing grain prices have
affected retail prices of
many commodities.
During calendar 1974, food
prices advanced the most in
Brazil of the countries
surveyed. The food price
index for Brazil shows an
Member—NAL Affiliated Breeders
increase of 41.9 percent.
Beef, pork, cheese, butter,
and bacon are among the
items reflecting the sharpest
retail price rises.
In contrast, West Ger
many had the lowest rate of
gain - only 3.8 percent.
Sirloin steak, for example,
sold at $4.07 per pound in
November 1973 and at $4.09
in November 1974.
Bread, priced in Bonn at 40
cents per 1-pound loaf a year
ago, was sold in November
at 53 cents, reflecting the
tighter world grain supplies.
Dairy products showed
moderate advances, but a
recent increase in raw
product costs is expected to
cause a rise in consumer
prices of both milk and
butter.
In the United States, the
total food price index moved
up by 11.2 percent during the
past 12 months. This ad
vance was exceeded in seven
of the countries surveyed.
The more moderate U.S.
trend may be attributed in
part to the oversupply of
meat.
In early November, U.S.
cow beef supplies remained
burdensome, exceeding
demand by a considerable
amount. U.S. pork trade was
slow, and most cuts were
under downward price
pressures. Sharp increases
were posted, however, for
cheese, oranges, bread,
onions, and bacon. Small
gains were recorded for
poultry and eggs.
Butter prices advanced in
12 of the capitals in the FAS
survey. The sharpest gains
were recorded in European
countries, where butter
stocks are substantially
3.37%
+sss
bellow those of a year ago.
Butter prices declined only
in Brasilia, Canberra, and in
Washington.
Cheese prices were higher
in 13 cities, lower in Tokyo,
and steady in Buenos Aires.
Rising food prices in
London are partly tempered
by Government subsidies on
milk, butter and cheese, but
recent European
Community price ad
justments have not bee offset
by increases in United
Kingdom dairy subsidies.
In the Netherlands, the
Government authorized
higher retail prices to permit
wider margins for
producers.
Higher prices for dairy
products in Canada resulted
from general inflationary
pressures and a 1-cent-per
month phasing out of the 5-
cents-per-quart milk subsidy
that was introduced in
September 1973.
Two major dairies in
Tokyo posted 32 percent
increases in butter prices,
effective October 15, to offset
higher production and
transport costs.
Dairy prices also rose in
Australia. Cheese was up by
9 cents per pound, but milk
prices remained steady.
Cooking oil prices rose in
Bonn, Brussels, London,
Mexico City, Ottawa, Paris,
The Hague, Tokyo, and
Washington.
Bread prices were up in
seven cities-Bonn, Brussels,
Copenhagen, Paris, The
Hague, Tokyo, and
Washington, but shoppers
paid less for their loaves in
Brasilia, Canberra, Ottawa,
Rome, and Stockholm.
Lower fruit and vegetable
prices in Brazil reflect in
creased availabilities
because of seasonal change.
15H140 Round Oak ELECTRON
Good Plus & Type Qualified [lO/74]
USDA (Fall/74) --116 Daus. in 81 Herds Ave. 16.312 M
Predicted Difference (80% rpt.) +B63M
Type: 44 Classified Daus. Ave. 78.2 (act.); 41 Pr. +.34 PDT
Sire: Lockway Sovereign Lucifer Lad - VG & GM
Dam: Round Oak Ivanhoe Enid -- EX
581 F
+7F
CLEONA*
Elizabethtown
Hummelstown
COATESVILLE*
Parkesburg
Oxford
Pughtown
Lancaster Farming. Saturday. Dec. 14,1974
Apple prices advanced
sharply in Argentina as cold
storage stocks declined, but
large supplies of new-crop
oranges resulted in a 57
percent price decrease.
In Brussels, tomato prices
moved sharply higher,
reflecting the availability of
hothouse varieties only.
October frosts caused ex
tensive damage to vegetable
crops.
Europe’s apple crop also is
less than expected, causing
TRY A CLASSIFIED AD
PHONE
626-2191 or 394-3047
NOW IS THE TIME
TO SAVE DOLLARS
INSTALL A
Furnace Fuel Saver
On Your Present Oil Heating Unit.
Cut the high cost of heating 10 to 30%.
CONTACT
KELMANADA, INC.
RDI, Box 4210, Grantville, Pa.
Phone 717-469-2864
Some Dealerships Available
Call for service and information:
273-6763
367 3923
566 2569
384-2741
857 5545
932-9361
469-9238
LANCASTER* 569 0411 READING* 376-8297
Akron 859-2552 Lebanon* 273-6763
East Earl 445 4131 YORK* 792-0941
Gap* 442 4471 Brogueville 927 6210
Mount Joy 653-1451 Fawn Grove 382 4805
Quarryville 786-7381 Seven Valley 428 2266
York Springs 528-4426
*24-hour answering service or recorder
retail prices to rise. But
Argentine oranges were
available in Brussels at very
low prices.
The food price indices of
Mexico and Sweden have
been added to the FAS
survey, thus broadening the
scope of the report on
comparative prices and
supplying additional data on
the effects of inflation on
consumer food budgets
around the world.
3.83%
+sB3
15
624 F
+46F