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Drought / Farmers / Prices #41949

ABC Evening News for Friday, Feb 27, 1976
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(Studio) Drought hurts American winter wheat.
REPORTER: Harry Reasoner

(Plainview, Texas) Drought and high winds hurt wheat crop. 2000 farms in this area. [Department store owner Frank GABRIEL - says if farmers don't make it, businesses don't either.] Agriculture equipment and supplies inds. employ 10 million or more. [Bank president "Doc" POTTS - explains what happens if farmer can't buy.] [Cattleman Joe WOOD - tells of consumers' interest in farmer.] Inferior animals and smaller crops will result due to weather.
REPORTER: Greg Dobbs

(Studio) Agriculture Department says farm prices rose .5% in month ending February 15. Wheat prices up due to drought; farmers receive more for: cattle, hogs, calves and potatoes.
REPORTER: Harry Reasoner

Reporter(s):
Dobbs, Greg;
Reasoner, Harry
Duration:
00:02:20

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