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Mexico Ledger in Mexico, Missouri

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Newspaper

Mexico Ledger

Location

Mexico, Missouri, United States of America

Date

Aug 13, 1970

Page

8

Farm Subsidy Cap Seen as Step Toward End of Payments

Washington AP reports the House approved a 55 000 per crop subsidy cap, trimming about 58 million from a 3.5 billion annual program, aimed at reducing payments to large operators while sparking debate on ending farm price supports. Lawmakers and President Nixon back the limit, with Senate action and conference talks pending as debate over food prices and farm structure continues.

Washington House Congress Sen Robert Dole R-Kan U.S Senate Nixon Agriculture Committee J.G. Boswell Co Corconan Calif Dole Clifford M. Hardin White House House Agriculture Committee Senate Agriculture Committee Leveenman Allen J. Ellender D-La Hardin Onte Matty

Wool Price To Be Down This Year

Washington AP economists say shorn wool payments to growers will average lower this year due to weak world demand and larger wool supplies. Senate and farm policy debate centers on farm payments limits and potential outcomes if subsidies end, with fears of consolidation among survivors forming giant corporate farming structures to match demand.

Washington Agriculture - Department Wey Dole Senate Agriculture Committee Congress General Motors

Also Mentioned on This Page

Allstar Winky Morgan Dad Olbeer Dagwoog John Mary Blondie Thaddeus Thad Moore Connie Mars Hansen Ter Parish Thad Chip Problum Penta Dierks Mexico Lumber CO Mexico,Mo M. L. Page Mgr Lenka Jack Cutforth Ken Johnson Randy Maguire Morton Buildings Inc Mexico Farmer’s Choice Soil Service
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