K—tmwUr Fanahif, Saturday, Mayl9jlS7S
U.S. grain support levels
Egypt
UNITED STATES
Australia
Argentina
Pakistan
Canada
E. Germany
Turkey
Mexico
Israel
India
New Zealand
Brazil
UNITED STATES
Uruguay
Pakistan
India
USSR
Indonesia
Peru
New Zealand
Yugoslavia
WASHINGTON, D.C. How do domestic grain price
support levels compare with those of other nations?
According to information from the United States
Department of Agriculture, U.S. farmers are nearly at the
bottom of the rankings for wheat and corn.
The price support levels provided to American farmers
by their government for wheat and corn are the lowest in
the world with the exception of Egypt for wheat and Brazil
for com. The wheat support rates or guaranteed prices
range from a low of $1.82 in Egypt to a high of $22.97 in
Japan. The com support rates or guaranteed prices range
from $1.70 in Brazil to $10.56 in Switzerland.
The data appers in a foreign agriculture circular, en
titled “Wheat and Com Prices for Selected Countries,’’
recently published by the USDA Foreign Agriculture
Service. It was obtained through reports from U.S.
agricultural attaches mahout 65 countries.
Exact comparisons are difficult to make because of
differences in support systems, variation in grain
qualities, standards and grades, freight costs, location at
which the price is reported, and variation in dollar ex
change rates. ' ■
Nevertheless, the figures are useful for general com
parisons, Reuben L. Johnson, National Fanners Union
director of Legislative Services commented last week.
“And they do indicate the kind of priority food and far
mers have with their respective governments,” he added.
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A. F. BRANDT’S SONS
RENDERERS
ELIZABETHTOWN, PA
(717) 367-6026
WHEAT SUPPORT OR GUARANTEED PRICE, OCT., 1978
USSR
Yugoslavia
Peru
Chile
$1.82
2.35
2.37
2.72
2.72
3.02
3.05
3 13
3.13
3.75
3.84
3.86
United Kingdom
Syria
Hungary
Lebanon
Sweden
Portugal
Czechoslovakia
Uruguay
CORN SUPPORT OP. GUARANTEED PRICE, OCT., 1978
Phillipmes
Nicaragua'
$1.70
2.00
2.00
2.20
2.69
2.69
2.74
2.76
2.84
2.89
Mexico
Portugal
Kenya
Hungary
Dominican Repub
Czechoslovakia
Ecuador
Morocco
(In U.S Dollars Per Bushel)
$3.89
3.97
3.97
4.08
4.08
4.38
4.46
4.54
4.57
4.62
4.79
(In U.S. Dollars Per Bushel)
$3.10 Iran
3.15 Italy'
3.25 France
3.33 Colombia
3.35 Guatemala
3.73 Poland
3.76 Greece
3.86 EEC
3.94 Netherlands
4.14 El Salvador
among lowest in world
Ireland
Spain
Poland
Kenya
Iran
Greece
Netherlands
Italy
Belgium
Morocco
Colombia
Ecuador
Denmark
Austria
W. Germany
Guatemala
Brazil
Taiwan
Norway
Nigeria
Korea
Switzerland
Japan
$4.92
4.93
4.93
4.95
5.39
5.39
5.50
5.52
5.74
5.80
5.96
5.99
Syria
Costa Rica
Belgium
Taiwan
W. Germany
Nigeria
Korea
$4.32
4.57
4.70
4.72
4.72
-4.82
4.95
5.05
5.13
5.16
Switzerland
$ 6.34
6.53
7.02
7.10
7.48
7.56
9.58
9.99
10.48
17.52
22.97
$ 5.21
5.30
5.35
5.64
5.84
5.92
8.89
10.56