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Agriculture / Wheat Harvest #81945

ABC Evening News for Wednesday, Nov 30, 1983
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(Illinois) Econ. paradox faced by nation's farmers due to expected record wheat harvest examined. [Iowa Bankers Association spokesperson Neil MILNER - explains profit losses from record harvest.] [Kansas Wheat Growers Association spokesperson Howard WARD - notes government offered farmers program too late in year to alter situation; elaborates.] Govt.'s payment-in-kind (PIK) program noted announced prior to planting season for corn farmers, allowing them to avoid fate of wheat growers. [Corn farmer Dennis STACY - is pleased with outcome.] Outcome of combined result of summer drought and PIK program for corn farmers outlined on screen, explained. [Farm equipment salesman Marvin REISS - notes sales are increasing.] [Don. SKINNER - believes individual survival necessitates hurting farmers as a group; explains.] [Agriculture Secretary John BLOCK - acknowledges problem.] Estimated number jobs in United States related to farming and implications for national economy considered.
REPORTER: Peter Jennings

Jennings, Peter

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