Kansas City Grains Market Faces Federal Probe
Federal authorities probe the Kansas City grain market over suspected price rigging during last summer’s U.S. wheat sales to the Soviet Union. The investigation follows a Kansas City Board of Trade report withheld from release amid disputes over its completeness and timing. Substantial export subsidies and price manipulation concerns are tied to the case, with officials signaling regional handling and ongoing inquiries by the GAO and Commodity Exchange Authority. The probe targets whether traders used large buy orders to push wheat closes higher to boost subsidies.
MENTIONED IN THIS ARTICLE
Washington
Commodity Exchange Authority
Kansas City
U.S
Soviet Union
Kansas City Board of Trade
Board of Trade
Agriculture Department
Commodity Texchange Authority
DEA
Alex Caldwell
House
Appropriations
General Accounting Office
Kansas Gilly Board of Trade
Ameci
Bakers Association
Bakers
U. S
Lince
CEA
Wheat price manipulation and export subsidies unraveling market
The article details daily subsidy calculations for export wheat and how traders gambled on domestic prices to profit from higher subsidies. It explains price moves from July to August, the U S department policy to hold world prices, and the inspectors findings on inadequate analysis and regulation of futures and market manipulation.
MENTIONED IN THIS ARTICLE
Aprie Culture Department
Delaware County 4-H membership hits record 996
May 1 enrollment in Delaware County 4-H clubs reaches 996, a new high, with 19 boys clubs totaling 349 members and 34 girls clubs totaling 647 members. The project list shows 57+ active projects across Animal Science, Home Economics, and more, including 475 in foods and nutrition and 172 in beef livestock.
MENTIONED IN THIS ARTICLE
Manchester
Delaware County
Delaware County Extension Office
Clayton 4-H Council Names Co-Chairmen
ELKADE Witeabeth von son Luana and Gary Kregel Guitenerg have been elected co chairmen of the 1973 74 Clayton county 4-H council Other members on the new 4 1 council include Mary Werges Garnavillo Anne Brumbagen Postville Gail Haynes Strawberry Point Brian Bernhard McGregor Dave Schultz Luana and John Zieman Liana
MENTIONED IN THIS ARTICLE
Elkade — Witeabeth Vonson
Luana
Gary Kregel
Guitenerg
Clayton County
Mary Werges
Garnavillo
Anne Brumbagen
Postville
Gail Haynes
Strawberry Point
Brian Bernhard
McGregor
Dave. Schultz
John Zieman
Liana
Slate of Candidates for State 4-H Office Named
Sixteen Iowans have been moved as candidates for eight state 4 H offices at the state conference set for June 14 and 15 at Iowa State University Ames. The slate includes four girls and four boys from eastern Iowa, with Ann McMahon and Jane Shearer from eastern towns. Candidates bring county area and state council experience. two girls from Eastern Town are among the contenders.
MENTIONED IN THIS ARTICLE
al Sweets
Hrave Beet
Towa State University
Ames
Texanne Beale
Cincinnati
Rhonda Fulcher
Konda
Annette Jennings
Winfield
Ann McMahon
Manchester
Marilyn Molitor
Ruthven Kris Paetz
eMars
Debbie Sanbern
Dexter
Jane Shearer
Washington
Dennis Decker
Winthrop
Donn Liler
Stanwood
Steven Erlemeier
Hinton
Steve Hiller
Morning Sun
Mark Honeyman
Bierson
Dean Mohr
Xieholl
Jeff Pilgrim
Nevada
Michael Stewart
Preston
Fasten Town
Miss McMahon
Joseph McMahon
Miss Shearer
Paul Shearer
Iowa
Doni Biter
Decker
Ronald Decker
Biler
Willard Biler
Cedar County
FFA Leader Hiller Heads Local Youth Honors Amid Rail Dispute
Hiller 18 and Stewart 17, sons of Keith and Mrs. Hiller and Roger Stewart, led local Future Farmers of America and 4-H groups, serving as royal president, county president, and council member. They earned merit in agriculture and swine and attended a Washington citizenship short course. Ten years ago a three man presidential panel proposed gradual relaxation of rail freight yard rules amid a nationwide rail dispute.
MENTIONED IN THIS ARTICLE
Future Farmers of America
Hiller
Keith Hiller
Stewart
Roger Stewart
Washington
Also Mentioned on This Page
By Jay Perkins
Thenr
Kansas City Board of ‘Trade
Ant
Tuya
X. Baumgartner
ALL, Inc
Mora
Serrey
Newhall
Lowe
Musgarterd
Cedar Rapids
Lowe City
8Th Ave
Iowa City
Call
Jess Fauchier
Clarence Bever
Tipton
Kent Sage
Wilton
Bill Seebeck
Jennett
Mark Brucher
Clarence
Kent
Amana
Iawa Association of Sail Conservation District
Nixon
Thurmont
UPI
Franklin D. Roosevelt
Rural Electrification Administration
REA
Roosevelt
Dial
Clayton 4-H Council
Ana McMahon
Ennis Decker
M. Stewart
Mcgrath-Pontia
Ventura
Stark
Catalina
DOOR
Grandville
Bonneville
McGrath
Pontiac
Second Ave
S.E
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