Word: livestock
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Dates: during 1940-1949
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...real power to rule what the OPA orders should be had been transferred to Agriculture Secretary Clinton P. Anderson. His farm-conscious decision: to encourage production, livestock prices would have to be higher than June 30 tops by $2.25 a hundred pounds for prime cattle, $1.40 for hogs, $2.85 for lambs...
...blurred, easy voice, Decontrol Board Chairman Roy Thompson let the big price secret out through the nation's radios. Livestock, meat, soybeans, cottonseed, flaxseed and their by-products would go back under controls on a date to be fixed by the OPA. Dairy products and most grains would not. "I expect," concluded Chairman Thompson, red-eyed from weariness, "that we are going to hear plenty of criticism...
...happily through the straw-covered mud of the midway, saw a cow sculptured in 500 Ibs. of butter, ate prodigious quantities of hot dogs, drank gallons of sickening sweet orangeade, bought ''chameleons from Cuba," had the Lord's Prayer engraved on pennies, and knowingly appraised prize livestock...
Rent control was just about all that had been saved out of what Harry Truman wanted. In five days and four long night sessions, southern Democrats and northern Republicans from agricultural states had helped each other get what they thought their constituents wanted. Out the window went controls on livestock, meat, poultry, eggs, all dairy products, grain and feed, tobacco, cottonseed and soybeans and their products. The Senate wrote in a reservation on petroleum; it was taken out from under price controls, but was left subject to control if the Decontrol Board certifies that supply is insufficient to meet domestic...
...consumers the most significant demonstration was in meat. At the week's start butchers' prices shot up everywhere -in many cities they were up 50% to 80% over ceilings. Most dealers were soon out of meat. But in the livestock markets supplies were heavy; prices showed signs of leveling off. By this week butchers could sight more meat coming than they had seen in many months. The consumer could see generally higher prices for almost all foods. Milk jumped 2? to 4? a quart. Butter was 80? to $1 a pound...