Word: feed
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Dates: during 1940-1949
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Meat packers found themselves jammed between the ceiling and the rising cost of meat on the hoof. A black market sprang up. The Government tried to fix that by giving the slaughterers' subsidies. Then it put a ceiling on livestock. Cattle raisers bemoaned high feed costs. So the Government gave them subsidies...
Nevertheless, the new flour might be raising more problems than it solved. Higher extraction meant 30% less "mill-feed," the residue from milling which farmers feed their livestock and poultry. With feed already short, chances were that farmers would hang on to their wheat for feed. They had another reason. They hoped to have ceilings taken off farm products. Last week, Secretary of Agriculture Clinton Anderson tried another method, not so painless, to get grain. He boosted the ceiling prices on wheat, now $1.80½ a bushel at Chicago, 3?. Up also went corn, 3? oats, 2? and barley...
Item: The U.S., glowing with well-fed satisfaction because it had agreed to supply some of its meat, wheat, fats & oils to feed the world's hungry, learned that, because of the Devil knew what, the food was not being delivered on schedule (see below...
...average U.S. citizen well knew that his nation's main job in the postwar world was to help feed it. It was all right with him that the nation had taken on the biggest part of the job, for the good old U.S.A. was still the land of plenty. And he thought that the nation was pretty well on its way with...
Another problem was the Government's attempt to turn farming, needle-sensitive to prices and demand, into a planned economy. Under present ceilings, the farmer can make more money by feeding grain to hogs and cattle than by selling it. The Government-fixed premium price for fat hogs, introduced in 1944 to boost the yield of fats and oils for Europe, encourages the farmer to feed hogs to the bursting point...