U.S. Grain Standards Act Amendments of 1975

Cover U.S. Grain Standards Act Amendments of 1975
U.S. Grain Standards Act Amendments of 1975
United States. Congress. House. Committee On Agriculture
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We appreciate the services you have provided the Grain Division and assure you that cancellation of the agreement is not a reflection on your organization.
Sincerely, Ifdjuux^ct D. R. Galliart, Director Grain Division Digitized by Google 164 3. Our system of marketing can adjust rapidly to changing supply and demand factors. Those who haven't tried the Canadian marketing system may like what they see, but for the past year or two Canadian farmers have been envious of the higher prices received
...by our farmers under a free market.
There are many people who don't like fluctuating prices and they talk price stability. However, fluctuating prices are a great ratloner of com- modities and can better allocate supplies than can some government bureau. In the 100 years or so that we have had organized markets the records of these markets show that during this time we have never exhausted the supply of a single class of the major grains such as corn and wheat. In isolated locations there may have been shortages.


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