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Newspaper
Morris Daily Herald
Location
Morris, Illinois, United States of America
Date
Dec 26, 1957
Page
8
Senator Potter and Michigan GOP members pressed Congress to overturn Agriculture Secretary Benson’s move lowering dairy price supports from 82 to 75 percent of parity. They argued for a firm limit below which supports cannot fall rather than secretary discretion.
The Agriculture Department reports little chance soybean prices rise much above the $2.04 per bushel support level. Prices have hovered near support, 23 cents below last year. The late harvest and farmers storing beans delay marketing, leading to larger later marketing which will limit any seasonal upswing unless fats and oils demand changes significantly.
New York reports that the Daily Worker, long the Communist movement’s leading voice in the U S, may cease next Tuesday after a secret vote by the National Executive Committee. Editor John Gates questions the ruling and vows to press on, noting declining circulations and mounting losses.
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