Word: bensons
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Instead, Secretary Benson hopes to cut down stockpiles with a flexible price-support formula, to go into effect at the end of 1954. It will automatically cut support levels from 90 percent of parity for crops in normal supply to 75 percent for greatly overproduced products. In times when only a few crops are flooding the markets, the flexible formula will not only cut government purchases; it will encourage better distribution of farm production...
...statement to potato growers, Benson said: "The current potato surplus and low prices are a direct result of over-plantings, despite acreage guides and additional warnings by the Secretary...
...from shivering miserably under the icy flow of protest from dairy farm groups. Secretary of Agriculture Ezra Taft Benson last week proved himself a man who finds a cold shower invigorating. Having just cut supports on dairy products from 90% to 75% of parity, Benson briskly followed up by refusing to purchase surplus potatoes...
...Congress, amid cries of crisis and warnings of impending catastrophe, only a few weeks ago rushed through authorization for Benson to buy potatoes and channel them to Government-supported outlets such as the school lunch program. While potato consumption in the U.S. has fallen off slightly, production has gone up, from 349 million bu. in 1952 to 374 million last year. Benson thought that to resume Government buying of potatoes would only compound the problem by raising the incentive for big plantings, thereby increasing the surplus...
This week Secretary of Agriculture Ezra Taft Benson took the course of political courage, announced a change likely to displease most of the dairy industry. As of April 1, he will cut the support price of dairy products to 75% of parity, which is as low as the law allows. This will slice the wholesale butter support price by 8? a Ib. (from the present 66?), and will probably cut retail prices almost as much. Benson hopes this ..will greatly increase consumption. Next decision Benson must make: adoption of a plan to move the $360 million worth of dairy products...