Wheat Supply Is Bountiful in U.S. Stocks
AP dispatch notes U.S. wheat reserves exceed two years for domestic use and similar for next year's crop. Supplies ample for 18 to 20 months with exports unrestricted. Soviet bloc nations face shortages, seeking purchases from Canada, Australia, Western Europe, and possibly the United States. Cargill reportedly sought export license. Hungary, Czechoslovakia, and Bulgaria show interest in American grain. State Department confirms approaches from Communist governments. Officials describe the stock as a reserve and surplus to be kept for emergencies.
MENTIONED IN THIS ARTICLE
Ovid
A. Martin Washington
U.S
Soviet Union
Canada
Australia
Europe
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Hungary
Cargill, Inc
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Commerce Department
Washington
State Department
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