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Economy / Prices / Grain / Nebraska / Iowa / Illinois #484705

NBC Evening News for Thursday, Aug 07, 1975
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(Studio) Whsle. prices up 1.2% in July. Whsle. food prices up 4.6% and whsle. grain up 7.9%.

(DC) Grain prices up nearly 8%. [Agriculture Secretary Earl BUTZ - says Soviet grain sale had some effect. Food prices to increase to 5% and 5 1/2%, after products leave farm.] [AFL-CIO economy Nathaniel GOLDFINGER - says American consumers paying bill for detente.] Bread, wheat products and meats to rise in price. Steel, aluminum, oil and grain prices to rise.
REPORTER: Irving R. Levine

(Nebraska) Wheat prices up 14% in July; barley up 35%. Weather and apprehension with regard to Soviet grain sale are factors.
REPORTER: Rebecca Bell

(Iowa) Corn yield down by 20% due to drought. [Farmer Marion STEDDMAN - lost 1/2 corn crop in this area.] [Iowa agriculture department Thatcher JOHNSON - says will affect prices.]
REPORTER: Rebecca Bell

(Rural Illinois) Federal representatives say parts of Iowa's crop looks healthy and IN and Illinois crops look good.
REPORTER: Rebecca Bell

Bell, Rebecca;
Hart, John;
Levine, Irving R.

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