Word: ccc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Meanwhile, CCC went ahead with plans to pile more food on its mountain of surpluses. Last week it decided that hog prices, which had tumbled, would continue falling, prepared to support them at $14.90 a 100 Ibs. at the farm...
...Potatoes, which CCC is now buying at $2.10 a hundredweight, available at 1? a 100-lb. sack...
...buyers may export the foodstuffs to any country they like, provided no ECA funds are used in payment. Because of high shipping costs, CCC was not at all sure that much would be exported even at the low prices...
...cottonseed producers were happy. Southern Congressmen had pressured CCC to buy the seed from farmers at a support price of $46.50 a ton, higher than the local open-market price of $45 and under. Producers were, of course, the only ones happy. Processors, who turn the seed into cottonseed cake for cattle feed, com plained that they were unable to compete with the Government's purchases and get the seed they needed. Result: there was a shortage, though possibly temporary, of cottonseed cake and the price jumped from $60 to $68 a ton in six weeks.* This naturally made...
...Processors complained that they could not even buy from CCC's stockpile; the seed had not matured enough in the open air. By the time it does, deterioration from the weather may make it unusable...