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Food Prices / Economy / Beef / Grading System #236176

CBS Evening News for Friday, Sep 13, 1974
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(Studio) Pre-econ. summit conference held on food prices.
REPORTER: Roger Mudd

(Chicago, Illinois) Variety of ideas gathered at conference to be offered at economy summit later this month [Agriculture Secretary Earl BUTZ - doesn't expect sharp rises in food costs through rest of year Forecasts more stability in food costs.]
REPORTER: Ike Pappas

(Studio) Retail beef prices rise to $1.47 pound in late August Govt proposes to take direct action in lowering beef prices.
REPORTER: Roger Mudd

(NYC) Americans eat more beef than any country in world. United States Department of Agriculture proposes new grading system for beef, supposedly to keep prices under control; details outlined. [Cattleman Russel WAGENKNECHT - says US hsewife. used to best beef in world and probably won't like new grading system.] [Agriculture Department Erwin PETERSON - believes beef supply will be incrd. with new grading systems] [Cattleman Walter JAACKS - believes hsewife. will be disappointed with beef quality.] Consumer advocates believe new meat could have lower cholesterol resulting in fewer heart attacks. Shoppers react to grading system.
REPORTER: Betty Ann Bowser

Bowser, Betty Ann;
Mudd, Roger;
Pappas, Ike

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