Troubles Abroad May Plague Grain Growers
AP analysis notes American grain farmers face new troubles abroad amid drought at home. Europe’s six nations have a peace pact affecting grain prices, possibly reducing US exports by limiting prices and tightening imports. A British 15 percent tariff and higher internal levies aggravate American trade, risking the dollar and the US balance of payments.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business
NEW York (Ap
United States
Canada
Britain
America
U.S
Ameria
Great Britain
France
West
Germany
Italy
Netherlands
Belgium
Luxembourg
Lower Floors Under Grain Market Plans For 1965
Washington AP reports the Agriculture Department will place lower price support and loan rates under grain markets for 1965 to attract more farmers into the program aimed at reducing corn, barley, and sorghum surpluses. Payments to participants rise as plantings are reduced, with total program cost near this year’s $1.2 billion. Diversion payments and supplementary farmer subsidies are outlined to widen the gap between cooperating and non cooperating farmers.
MENTIONED IN THIS ARTICLE
Washington
Agri
Culure Department
Iction
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