The right to reproduce material contained in Editorial Research Reports is strictly reserved to the newspaper clients of the service. Verbatim use of such material by others will be permitted only upon written authorization of the editor.
Richard M. Boeckel, Editor
Proposed Changes in Farm Credit Policies
Outstanding Farm Loans by Federal Agencies
Secretary of Agriculture Wallace announced May 20 that the government would make loans on the 1940 wheat crop at an average rate of about 64 cents a bushel. The farm price had been supported at approximately that point when the Chicago Board of Trade on May 19 prohibited trading in May wheat at less than 79 cents a bushel at Chicago. The Chicago price had dropped 36 cents in less than a week, chiefly as ...