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Grain Sales / Butz #484256

NBC Evening News for Monday, Aug 11, 1975
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(Studio) Agriculture Department says grain won't be as big as predicted but will still make record. Corn up 26%; wheat up 19%, and soybeans up 18%. Agriculture Secretary Earl Butz asks grain dealers to hold back on more sales to USSR until crops estimated.

(DC) Crop production report withheld from market speculators so they won't make profit. Report released when commodity market closed. [BUTZ - says not to sell USSR more grain right now. Want even, steady impact on market] Butz says other factors could change forecast.
REPORTER: Carole Simpson

(Midwest) Major reason for delaying more sales is drought.
REPORTER: Rebecca Bell

(Houston, Texas) Govt. asks for delay in new sales to USSR .
REPORTER: Rebecca Bell

(NYC) Continental Grain Company sold 6 million tons grain this year [Vice President Continental Clarence PALMBY - says won't negotiate future sales without conferring with Agriculture Department]
REPORTER: Rebecca Bell

(Midwest) Grain harvesting begins in October
REPORTER: Rebecca Bell

Bell, Rebecca;
Hart, John;
Simpson, Carole

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