Government foresees lower price support costs in 1950
Agriculture officials predict cheaper price supports in 1950 as big surpluses from 1949 dwindle. Cuts in crop acreage and lower support rates for potatoes and eggs, plus continued wartime parity for key commodities, aim to curb oversupply and reduce government holdings. but hog prices and storage costs remain potential trouble.
MENTIONED IN THIS ARTICLE
Agriculture Department
Congress
Secretary of Agriculture
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