Search the Archive

Wheat Deal / Small Farmers #22438

ABC Evening News for Monday, Sep 18, 1972
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Interview last week with big grain man from North Dakota recalled; happy response said due to fortunate circumstances of North Dakota wheat growers.
REPORTER: Harry Reasoner

(Russell Company, Kansas) US-USSR wheat agreement came at bad time for many US farmers, who had harvested `72 crop and sold it for small prices. [1972 harvest film shown.] Prices went up after wheat deal announced. As prices rise, federal subsidy to farmers drops, so farmers caught both ways. [Farmer Paul WHITMER - notes loss of $5000 by early sale before price rise.] Predicament analyzed. Farmers said also unhappy at profits being made by wheat brokers and big agriculture companies [WHITMER - thinks government should have tipped off farmers.] [Farmer Gerald STEINLE - thinks the "big man" knew what was going on, underneath table.] [Farmer Vic HLADEK - thinks likewise.] Criticism of Agriculture Secretary Earl Butz noted. [News clippings, protesting letters shown.] Episode said to have upped criticism; likely to damage President Nixon at polls. [HLADEK - says he voted for Nixon in `68, but thinks he'll switch to Democrats in `72.] Large foreign trade agreements tantalize United States farmers, but if small farmers hurt, as apparently so in this case, the big deals could be economy and polit. damaging.
REPORTER: Bill Wordham

Reporter(s):
Reasoner, Harry;
Wordham, Bill
Duration:
00:03:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.