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Story
October 1, 1933
The Arkansas Farmer
Little Rock, Pulaski County, Arkansas
What is this article about?
Rice growers expect parity prices for 1933 crop following conference plans at Lake Charles, La., involving marketing agreement with millers and production control for 1934 onward, pending AAA approval.
Clipping
OCR Quality
100%
Excellent
Full Text
The rice growers of this country may expect to receive parity prices for their 1933 crop if plans formulated at a conference of growers and millers at Lake Charles, La., are approved by the Agricultural Adjustment Administration.
The plans, which are understood to be receiving virtually unanimous support from growers' organizations and millers, call for a marketing agreement between the Administration and the millers for the present season and a program of production control for the growers in 1934 and succeeding years.
The millers have agreed 100 per cent to present a marketing agreement which guarantees a minimum price, equal to the parity price, for the coming season. They further agree to pay into a merchandising fund 10 cents for every barrel of rice milled. This fund would be used under the direction of the Adjustment Administration for the purpose of exporting or making other disposition of the rice surplus. The farm price of rice must reach $3 per barrel in order to be at pre-war parity.
The plans, which are understood to be receiving virtually unanimous support from growers' organizations and millers, call for a marketing agreement between the Administration and the millers for the present season and a program of production control for the growers in 1934 and succeeding years.
The millers have agreed 100 per cent to present a marketing agreement which guarantees a minimum price, equal to the parity price, for the coming season. They further agree to pay into a merchandising fund 10 cents for every barrel of rice milled. This fund would be used under the direction of the Adjustment Administration for the purpose of exporting or making other disposition of the rice surplus. The farm price of rice must reach $3 per barrel in order to be at pre-war parity.
What sub-type of article is it?
Historical Event
What themes does it cover?
Justice
What keywords are associated?
Rice Growers
Parity Prices
Marketing Agreement
Production Control
Agricultural Adjustment
Rice Surplus
Where did it happen?
Lake Charles, La.
Story Details
Location
Lake Charles, La.
Event Date
1933
Story Details
Plans from conference of rice growers and millers call for marketing agreement guaranteeing parity prices for 1933 crop and production control for 1934 and later, with millers contributing to surplus fund.