CircularU.S. Government Printing Office, 1930 - Agriculture, Cooperative |
Common terms and phrases
adjusting production advances advisory commodity committee agri agricultural commodities agricultural marketing act agricultural producers Agriculture Bulletin Agriculture Circular Arkansas assist Assn basis benefit Board deal Burley Tobacco capital Capper-Volstead Act cent decline commodity marketing common voting stock Congress contract Coop cooperative marketing association cooperative organizations cooperatives handling cotton credit corporation Decline Per cent deductions Department of Agriculture East North Central effective effort exempt export facilities FARM BOARD WASHINGTON farm products Federal Farm Board financial structure Government helping farmers High Low Decline individual producer industry interest July 15 JUNE 11 Legge Livestock Marketing Association loan marketing organizations marketing system Maximum declines membership merchandising nonmembers North Central overadvances overproduction preferred stock profit purchase regional revolving fund selling sound Stabilization Corporation STANLEY REED subsidiary surplus tion tive tobacco growers U. S. Department United Volstead Act warehouse receipts warehousing wheat wool and mohair
Popular passages
Page 1 - Congress to promote the effective merchandising of agricultural commodities in interstate and foreign commerce, so that the industry of agriculture will be placed on a basis of economic equality with other industries, and to that end to protect, control and stabilize the currents of interstate and foreign commerce in the marketing of agricultural commodities and their food products— (1) by minimizing speculation.
Page 2 - ... (3) by encouraging the organization of producers into effective associations or corporations under their own control for greater unity of effort in marketing and by promoting the establishment and financing of a farm marketing system of producer-owned and producer-controlled cooperative associations and other agencies...
Page 7 - Enabling the co-operative association applying for the loan to advance to its members a greater share of the market price of the commodity delivered to the association than is practicable under other credit facilities.
Page 6 - Loan commitments of $18,084,952.34 have been made to 12 associations in the West North Central States (Minnesota, Iowa, Missouri, North Dakota, South Dakota, Nebraska, and Kansas).
Page 8 - ... per centum of the value of the facilities to be constructed or purchased. (2) No loan for the purchase or lease of such facilities shall be made unless the board finds that the purchase price or rent to be paid is reasonable.
Page 7 - ... (2) the construction or acquisition by purchase or lease of physical marketing facilities for preparing, handling, storing, processing, or merchandising agricultural commodities or their food products...
Page 6 - ITSELF 6. The Association agrees to resell such tobacco, together with tobacco of like type, grade and quality delivered by other growers under similar contracts, at the best prices obtainable by it under market conditions, and to pay over the net amount received therefrom (less freight, insurance and interest), as payment in full to the grower and growers named in contracts similar hereto, according to the tobacco delivered by each of them...
Page 4 - The agricultural marketing act directs the Federal Farm Board to designate as a commodity any farm product or group of products whose use and marketing methods are similar. With this definition as a guide, the board has thus far designated 12 commodities. They are: (1) Cotton; (2) dairy products, including fluid milk, cream, cheese, condensed milk, butter, ice cream, evaporated milk, whole and skim milk powder; (3) wheat; (4) rice; (5) livestock, including cattle, hogs...
Page 6 - ... or on any commercial paper delivered therefor. The Association shall prorate the money so received among the growers equitably, as it may determine, for each district and period of delivery.