Word: paarlberg
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Dates: during 1970-1979
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...Paarlberg, chief economist of the Department of Agriculture, figures that the bill would raise retail food costs this year by anywhere from $500 million to $1.2 billion. By the 1977-78 crop year, he estimates, extra payments to farmers under the new bill could cost the taxpayers as much as $7 billion...
...profit, meatpackers closed down, and food processors slowed production. Beef production could drop 2% this year; earlier it had been expected to rise 3.5%. Pork production is likely to dip by 3%, and output of broiler chickens is running 1.5% behind last year's pace. Says Don Paarlberg, chief economist of the Agriculture Department: "There will be fewer eggs, smaller supplies of fresh fruits and vegetables. Milk production will probably fall off, and there will certainly be fewer canned goods, less margarine and flour...
...grain exporting firms rather than to them (see THE NATION). But the fact remains that President Nixon went out of his way to become the nation's No. 1 wheat salesman during his trips abroad. "The Soviet grain deal was good for the farmers," says Don Paarlberg, the Agriculture Department's economic director. "It increased prices, reduced stocks and made possible an increased opportunity to grow wheat...