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Grain Sales #483686

NBC Evening News for Thursday, Jul 10, 1975
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(Studio) Agriculture Department reports wheat crop to be 22% higher than 1974 crop, and corn crop up 30%.
REPORTER: John Chancellor

(Waco, Nebraska) Harvest should slow down rising food prices. [Farmer Carrol KETELHUT - says will hold it in bins until we get more money.] Farmers hope some of surplus will be taken by exports.
REPORTER: Rebecca Bell

(Chicago, Illinois) Grain futures actively traded. Some speculators bet grain sale to USSR could drive prices up again. Agriculture Secretary Earl Butz says he welcomes Soviet purchase since crop so huge. No guarantee.
REPORTER: Rebecca Bell

(Studio) USSR started negotiations for grain purchase, according to assistant Agriculture Secretary, Richard Bell.
REPORTER: John Chancellor

Reporter(s):
Bell, Rebecca;
Chancellor, John
Duration:
00:02:20

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