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Crop Report / Potato Exports #242850

CBS Evening News for Tuesday, Oct 12, 1976
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(Studio) Govt. reports with regard to feed grain crops and potato crop noted. For 1st time, substantial part of potato crop being shipped overseas.
REPORTER: Walter Cronkite

(Red River Valley, Minnesota) In Duluth, Minnesota, shippers try to beat winter freeze of Lake Superior to load foreign freighters with American potatoes, are rushing to export them in Red River Valley also. Effect of surplus of potatoes noted. [Potato farmer Tom BUSHEY - says they couldn't go cheaper on market and if can't be sold extras will be disposed of or left to rot.] Officials say European exports won't noticeably affect American prices. [Potato Growers Assoc. spokesperson Lloyd SCHMIDT - says if exports hadn't taken place, wouldn't have meant much to consumer, but farmer would have lost money.] Exports will mean difference in financial ruin and chance to break even, according to 1 farmer.
REPORTER: Barry Peterson (WCCO-TV newsfilm)

Reporter(s):
Cronkite, Walter
Duration:
00:01:30

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