Meat price relief foreseen as quotas tie to supply
Treasury Secretary George P. Shultz predicted retail meat prices will level off next month and then fall as imports rise. A White House meeting with 12 meat exporting nations addressed voluntary quotas, suspended earlier by President Nixon, to boost U.S. beef and veal imports and ease consumer prices. Delegates from Australia, New Zealand, Mexico and others discussed 1971 quotas and possible 1973 concessions to reward cooperation while protecting U.S. shortages.
MENTIONED IN THIS ARTICLE
Shultz
Washington
UPI
Treasury
George P. Shultz
United States
U.S
Nixon
State Department
Charles W. Bray Sr
Bray
Australia
New Zealand
Mexico
Ireland
Guatemala
el Salvador
Honduras
Nicaragua
Costa Rica
Panama
Dominican Republic
Haiti
John N. Irwin I
Agri
Nixon seeks 1.7 billion in Eastern flood relief funds
President Nixon requests Congress approve 1.7 billion dollars in disaster relief and one percent interest loans for homeowners and businesses in Virginia Maryland Pennsylvania West Virginia Florida and New York after Tropical Storm Agnes floodwaters. He calls the disaster the worst in US history and aims to speed relief through a formal federal local coordination conference.
MENTIONED IN THIS ARTICLE
Nixon
San Clemente UW
Congress
Virginia
Maryland
Pennsylvania
West Virginia
Florida
New York
Washington
Carlucci
Scranton
Kingston
Agnew
Donald L. Ziegler
Ziegler
Culture Department Tasking Across Economic Bodies
Culture Department engages with the Cost of Living Council the Council of Economic Advisers and the office of special assistant to the.
MENTIONED IN THIS ARTICLE
Culture Department
The
Cost. of Living Council
Council of Economic Advisers
Office of
President for consumer af fairs would attend
The United States imported 1.11 billion pounds of meal in 1971 while domestic consumption and trade priorities were under review. Officials considered consumer fairs to promote products and support farm and food industries amid changing policy.
MENTIONED IN THIS ARTICLE
U.S
Meat quotas rise barely move domestic prices in 1972
Production for 1972 was estimated at 23.3 billion pounds. Bray said the 1972 foreign meat import quota proved too low to affect domestic meat prices even though the quotas were increased by percent over 1971. The excerpt notes the slight impact of quotas on prices amid higher production.
MENTIONED IN THIS ARTICLE
U.S
Shanle
Bray
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