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Drought Uncertainty Looms Over 1974-75 U.S. Food Prices
Washington AP report says USDA economist sees no panic but notes Midwest drought may tighten supply and lift prices into 1975. Don Paarlberg cites Aug 12 crop figures as key. corn outlook revised downward 2.2 percent. other grains and soybeans also trimmed. He says world wheat could still hit record levels despite US delays.
MENTIONED IN THIS ARTICLE
Brian B. King
Associated Press
Washington (Ap
Agriculture Department
U.S
Usda Agricultural Economics
Don Paarlberg