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(Studio) Phase IV ends price freeze on all food except beef. Wholesale food prices up. Eggs and milk industry announces increase
REPORTER: Roger Mudd
(Chicago, Illinois) Pork prices up on wholesale level as expected. Gloom grips beef industry because prices still frozen until September [Beef packer Wally MANDERS - says he's shocked that Phase IV would discriminate against beef industry Unfair. May close plant until freeze lifted.] [American Meat Ind. spokesperson, Herrell DeGRAFF - believes beef growers to slow down fattening beef so most meat ready for market after freeze lifted. Means serious shortages through Aug, and early September] Beef supplies may be hoarded by hsewifes. at frozen prices.
REPORTER: Ike Pappas
- Mudd, Roger;
- Pappas, Ike
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