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Wheat / Prices / Drought #250619

CBS Evening News for Friday, Feb 25, 1977
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(Studio) Talks begin today between Canada and United States with regard to reaching common price for wheat; 2 ntns. furnish about 75% of world's exports in wheat.
REPORTER: Roger Mudd

(DC) Agriculture Secretary Robert Bergland meets with Canadian transportation minister Otto Lang with regard to United States proposal that 2 ntns. set wheat price. Both deny arrangement would be used as political club against oil cartel, but Bergland verifies he told reporter that there's some connection. [BERGLAND - cites questions asked him and his answers with regard to connection of wheat prices and OPEC. Says it's major change in United States policy and is treating world market with reality, as there is no real free market in world trade.] Bergland says aim of plan is to keep grain growers from going broke.
REPORTER: Lesley Stahl

(Studio) Wheat farmers in Great Plains have trouble with usually hardy crops.
REPORTER: Roger Mudd

(Kit Carson Cnty., Colorado) Effect of drought and wind storms on wheat crops noted. In eastern Colorado dust mounds look like desert. [Farmer Dan KYLE - says if wind would go away there's moisture in soil and it could be, and probably will get, worse.] With snow or rain, wheat can survive, but moisture falling in mts. and some farmers say Colorado cloud-seeding program is cause. [Farmer Jim WITT - says when clouds seeded it -takes away what they might get here and leaves only wind.] West Kansas in same predicament and some say worst is to come. [Soil Conservation Service spokesperson Robert ZEBROSKI - says 1 more big wind would probably take wheat out of many acres.] Agriculture experts say they can't predict outcome at present.
REPORTER: Chris Kelley

Reporter(s):
Kelley, Chris;
Mudd, Roger;
Stahl, Lesley
Duration:
00:04:10

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