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AGRICULTURAL NEWS OF THE WEEK
FEDERAL RESERVE BANK OF DALLAS

Number 856

Wednesday, May 25, 1966

OUTLOOK
FOR
FOOD
EXPENDITURES
During the first quarter of 1966, food expenditures in the United States
were 11% larger than in the corresponding 1965 period, reports the Economic Research
Service. Although they are expected to continue up for the rest of the year, food
expenditures may average 6% to 7% above 1965 for the full year. Despite the increase
in expenditures, the percentage-Of disposable income spent for food during 1966 is
expected to remain at about the 18.3% level of 1965.
VISITORS
ARE
COMING!
The nationwide, midyear enumerative survey of the U.S. Department of Agriculture will include visits to more than 100,000 scientifically selected farms during the last days of May and the early part of June. The survey will cover farms
in each of the 48 contiguous states. Farm operators will be interviewed about land
use, number of planted acres, types of crops, livestock figures, farm labor, and
wages. The collected data, together-with information mailed in by approximately
110,000 crop reporters, will be processed on electronic computers, analyzed by the
Crop Reporting Board, and issued to the public for use in making decisions concerning agriculture.
PEACH AND
IN
PROSPECT
PLUM
CROPS
Bumper crops of peaches and plums are indicated in Texas this year, according to B. G. Hancock, Extension Horticulturist at Texas A&M University. Major fruitproducing areas in the State report excellent moisture conditions and a heavy set
of fruit. The specialist says that in order to insure high-quality fruit, growers
should thin out peaches and plums. Based on present soil moisture conditions, peaches
should be thinned to allow a space of about 6 inches on the limb between fruits;
plums can be carried with a closer spacing.
G 0 0 D

AMERICANS
TO
EAT
LESS MEAT,
MORE
CHICKEN
On a per capita basis, Americans are expected to consume less meat, eggs,
butter, milk, and cream during 1966 than they did in 1965, according to the ERS.
In contrast, consumption of potatoes, chicken, turkey, margarine, and fresh fruits
is expected to be up.
IT
GREEN
WITH
TREES
Secretary of Agriculture Freeman has invited homeowners across the Nation
to join in a program to "Color It Green With Trees." Backed by years of horticultural research, the USDA program will provide urban and rural families with guidelines on selecting tTee'S that are adapted to their particular areas. The program
also offers information on the correct planting and proper care of trees in order
to keep them growing, especially during the first years when the tests for survival
are greatest.
C 0 L 0 R

USDA
QUARANTINE
SYMBOL
NAMED
PESTINA
A coquettish, hitchhiking bug, used by the USDA since 1963 as a symbol of
all foreign agricultural pests, has been given the official name of "Pestina.
At

the naming ceremony, Under Secretary of Agriculture John A. Schnittker made the
following comment: "If USDA and the travel industry can work together to make
'Pestina' as well known to the public as Smokey Bear, we will provide greater protection for the Nation's resources against damaging foreign plant and animal pests
and diseases." Pestina appears on agricultural quarantine notices distributed by
airlines, steamship companies, and travel agents and is shown on public-service
television announcements.

Week ended
BROILER CHICK
PLACEMENTS

Percent change from
Previous
Comparable
week
week, 1965

Area

Ma;y: 14 2 1966

Texas ••••••
Louisiana ••

3,620,000
775,000

4
0

8
15

23 states ••

54,194,ooo

0

7