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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.
REPORTER: John Hart

(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

Reporter(s):
Bell, Rebecca;
Hart, John;
Simpson, Carole
Duration:
00:03:50

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