Word: wheats
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Dates: during 1950-1959
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...income is down 25% or 30% from last year," said Vernon McLeod, 33, who raises hogs, cattle, corn, wheat and oats on his 390 acres near Lyons, Mich. "But I'm not for 90% of parity. I'm for flexibility, something as close to supply and demand as you can get. I don't like artificial situations." Said Harold Umbaugh, 42, who has chickens, corn, wheat, oats, soybeans and hay on his 195 acres at New Paris, Ind.: "We farmers don't like to be on the dole. We like to make our own decisions...
From its resolutions committee, the convention got a proposal to reaffirm last year's stand in favor of Ezra Benson's flexible-support program. There was a lively but short-lived flurry of opposition from some Southern delegations, who wanted cotton, tobacco, wheat, rice and peanuts supported at a rigid 90% of parity. The vote was 124-39 for flexibility. Drawled E. H. Agnew, South Carolina cotton farmer who had helped lead the defeated Southerners: "It's like being a bastard at a family reunion and a skunk at a wedding reception...
...that Benson listed earlier (TIME, Dec. 12), including a soil bank. Benson was considering the Farm Bureau's certificate gimmick, but he had not decided whether to accept or reject it. (Secretary Benson last week announced a new plan designed to reduce the surpluses: he will give surplus wheat, corn, rice and dry beans to private welfare agencies for shipment abroad to help feed the hungry...
...past year, Canadian politicians have protested loudly about U.S. wheat exports, angrily claiming that U.S. "giveaways" and bargain-price wheat deals were ruining Canada's foreign markets. Last week Canadians found themselves on the receiving end of a similar blast. New Zealand filed an official protest in Ottawa against the dumping of low-priced Canadian butter in Europe, where it is underselling New Zealand butter...
...American States held in his honor, he sharply warned against "flooding" Latin America with surplus products, saying that it would be "ruinous to the health" of that area. Although he did not mention the U.S. by name, it was a clear reference to the recent sale of U.S. surplus wheat to Brazil. Said he, "The offer of those raw materials for soft or local currencies on long-payment terms...