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Union Sees Possible $100 Million Windfall in Wheat Exports
National Farmers Union urged Congress that big grain firms could have earned windfall profits up to $100 million from export subsidy loopholes in wheat sales to the Soviet Union. NFU official Weldon V. Barton testified that profits depend on “inside” information and timing of subsidy bookings during a one week window.
MENTIONED IN THIS ARTICLE
Washington
National Farmers Union
Agriculture Department
Soviet Union
Weldon V. Barton
NFU
Congress
Barton
House
Charles W. Pence
Export Marketing Service
USDA
Graham Purcell
D-Tex
Pence
U.S