OCR Text |
Show Canada and other countries, as a protection for the cattle raisers in these countries, Mr. Johnson explained the United States has now become be-come the dumping ground of the world for beef, with Ireland Ire-land leading the Import percentage per-centage with a 900 increase over 1973. Domestic beef supplies have Increased tremendously tremendous-ly in recent months, and coupled with foreign imports have created a surplus of beef that has seen the fed beef market drop from $47.00 per hundred-weight a year ago to less than $40.00 per hundredweight this past week. Using a figure of over a breakeven point, Mr. Johnson John-son called attention to the hundreds of cattle feeders and producers in the United States that are in severe financial difficulty. Cattle Assn Asks For Import Quotas W. Lloyd Johnson, president presi-dent of the Utah Cattlemen's Association, announced recently re-cently the Utah association has joined other state producer pro-ducer and feeder organizations organiza-tions in asking President Nixon and Secretary of Agriculture Ag-riculture Earl Butz to impose im-pose quotas on foreign beef imports as outlined in the Meat Import Act of 1964. Citing the closing of the export market in Japan, the European Common Market, |