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Prospects for farm price rise from surplus decline
In Kiggsville Missouri Secretary Benson told a farm meeting surpluses are easing and prices may rise as carryovers shrink. He criticized rigid price supports as insufficient and praised the farm family as the nation’s backbone. Earlier he announced Export-Import Bank will lend five million dollars to finance cattle shipments to Mexico, with most funds to buy beef cattle for export and a portion for dairy cattle purchases.
MENTIONED IN THIS ARTICLE
Kigginsville
Secretary of Agriculture
Benson
Missouri State Emergency Drought Committee
Columbia
Bennett
United States
Mexico