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Wheat Futures / United States Economy #30147

ABC Evening News for Friday, Feb 15, 1974
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(Studio) Wheat rises maximum limit on commodity futures market
REPORTER: Harry Reasoner

(Chicago, Illinois) Wheat futures up 164% in year United States wheat harvests and exports reach record levels; even more wheat to be planted this year, but dwindling reserves cause high wheat prices. [Farmer Phil EHLING - thinks wheat demand to help farmer.] Fuel and transportation to be major concern of wheat farmer; without these, farmer won't sell crop. World-wide wheat demand to affect United States consumer with higher prices.
REPORTER: Ron Miller

Reporter(s):
Miller, Ron;
Reasoner, Harry
Duration:
00:02:00

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