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Word: butterberg (lookup in dictionary) (lookup stats)
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...food oils used in margarine, would slash by one-third the U.S.'s $500 million annual soybean exports to the Common Market. The tax plan was shelved after the U.S. threatened retaliation-by raising tariffs on imported European cars, for example-but as long as the "butterberg" grows, the bitterness will persist...

Author: /time Magazine | Title: Food: The Global Glut | 5/9/1969 | See Source »

...Mansholt replies coolly: "I have a big wastebasket." Cut the Glut. Mansholt has called for an immediate attack on Europe's agricultural surpluses, particularly of sugar and dairy products. The glut of butter, for example, amounts to 400,000 tons, and is known among Germans as the Butterberg (butter mountain). Mansholt wants to cut the butter support price-now 790 a Ib.-by 33%. He also advocates reducing dairy herds by 500,000 heads by paying farmers $300 for every cow they slaughter, a proposal reminiscent of Franklin Roosevelt's decision during the Depression to slaughter baby pigs...

Author: /time Magazine | Title: Common Market: The Farmer's Dutch Uncle | 1/3/1969 | See Source »

...good crops and improved farming techniques, they have accumulated huge surpluses of agricultural products, and are swamped by tomatoes, cauliflowers, apples, plums and pears. In Germany alone, the government has had to buy and store some 80,000 tons of surplus butter, which is now known as the Butterberg (butter mountain...

Author: /time Magazine | Title: Common Market: Too Much Plenty | 8/30/1968 | See Source »

...pears. Belgium followed suit, as did The Netherlands. This year, with much more bountiful harvests, the German government has refused "on moral grounds" to be party to the destruction of fruit. Government authorities are now weighing the possibility of distilling the excess fruit into schnapps. Germany's Butterberg problem is even more serious. Nearly 30% of the profits of German farming comes from milk products. Common Market regulations allow the government to support the price of butter at the 75-cents-a-pound level. This means in effect that the dairy must buy all the milk a farmer delivers...

Author: /time Magazine | Title: Common Market: Too Much Plenty | 8/30/1968 | See Source »

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