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Meat Price Ceilings #469491

NBC Evening News for Friday, Mar 30, 1973
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(Studio) Admin. says ceilings on prices of beef, pork and lamb may remain through summer.
REPORTER: John Chancellor

(DC) Agriculture Secretary Earl Butz recently said anyone who wanted price freeze on food would be damned fool. Admin. now feels ceilings necessary and prices presently high enough to keep production up.
REPORTER: Irving R. Levine

(Studio) Some say ceilings will still cause decrease in meat production. Many unhappy with ceiling.
REPORTER: John Chancellor

(Corning, Iowa) [President National Farmers' Org. Oren Lee STALEY - says meat price ceiling placed at retail level will cause decrease in profits at farm level because retailers pass on loss to farmers.] Farmers organizing to cut back production as protest of ceilings.
REPORTER: John Palmer

(Joliet, Illinois) [Cattle buyer Morrie MEYER - says controls should be placed on all items if placed on meat.] [Cattle buyer Pete KENNEDY - says everybody waiting to see what happens.]
REPORTER: Carole Simpson

(Bethesda, Maryland) Shoppers still feel prices too high. [Shoppers - say were hoping prices would be reduced.]
REPORTER: Ron Nessen

(Studio) Agriculture Department says farm prices up 7% in March but are now falling because of consumer resistance.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Levine, Irving R.;
Nessen, Ron;
Palmer, John;
Simpson, Carole
Duration:
00:06:20

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