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Economy / Food Prices, Shortages #471484

NBC Evening News for Monday, Jul 02, 1973
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(Studio) Spokesperson for grocery mfrs. says food industry facing crisis. Move to Phase IV needed immediately. Govt. hearing in Washington, DC to determine possible controls of Phase IV.
REPORTER: John Chancellor

(DC) [Food and Vegetable Association spokesperson Bernie IMMING - says freeze tragic for vegetables and some foods. Many commodities unavailable.] [Meat Institution spokesperson Herrell DeGRAFF - says breeding herds at base of food chain being destroyed. Must be stopped.] Food industry recommends price freeze be removed now to prevent shortages.
REPORTER: Irving R. Levine

(Houston, Texas) Food shortages felt in Houston. Produce experts say tomatoes and potatoes to be first to have shortages. Wholesalers won't buy vegetables from farmers because no profit available. [Produce wholesaler Sam LAVIAGE - says farmers taking advantage of freeze. Wholesalers get no profit.]
REPORTER: George Lewis

(Merced, California) Tomatoes are picked green and shipped from California. California growers charging 30 cents pound Wholesale and retailers' prices frozen at about 30 cents. Supermkts. can't take loss. [Tomato grower Nate ESFORMES - believes retail price must be raised to 49 or 50 cents for profit margin, or no tomatoes bought from farmer.]
REPORTER: Roy Neal

Reporter(s):
Chancellor, John;
Levine, Irving R.;
Lewis, George;
Neal, Roy
Duration:
00:04:50

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