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Bread price rise blamed on rising costs and speculation
Ward Foods executive vice president Hug told the House Agriculture subcommittee prices for bread, milk and meat could not be stabilized due to rising operating costs. Rep. Fino blamed price fixing and insufficient funding for the commodity markets, while Rep. Belcher suggested inflation, not bread, drives higher costs. A separate note says the western U.S. has outpaced the east in growth since 1850.
MENTIONED IN THIS ARTICLE
Mashington
UPI
Bajmer Way
Hug
Ward Foods Dues
New York
Rehain
Agricul
Graham Purcell
D-Tex
Paul A. Fino
Dn.y
Fine
Commodity Exchange Authority
Page Belcher
R-Okta