Investigation of Grain Storage Operations of the Commodity Credit Corporation: Hearings Before the Special Investigating Subcommittee of ..., 86-2 ..., January 12 ... May 26, 1960 |
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Page 16
... going to the rest of your workshop , did you study any other elevator ? Dr. PHILLIPS . Yes ; the Archer Grain Cooperative , which we have mentioned . Mr. SCHMIDT . Where is it located ? Dr. PHILLIPS 16 INVESTIGATION OF GRAIN STORAGE ...
... going to the rest of your workshop , did you study any other elevator ? Dr. PHILLIPS . Yes ; the Archer Grain Cooperative , which we have mentioned . Mr. SCHMIDT . Where is it located ? Dr. PHILLIPS 16 INVESTIGATION OF GRAIN STORAGE ...
Page 24
... going over the Iowa State workshop with us , you gave us the figures , working with the staff here , of annual income per bushel for both storage and handling ; you did not segregate the same , but it is approximately 18.9 cents per ...
... going over the Iowa State workshop with us , you gave us the figures , working with the staff here , of annual income per bushel for both storage and handling ; you did not segregate the same , but it is approximately 18.9 cents per ...
Page 28
... going into storage , we averaged about 3.2 cents a bushel expense on our free grain , and which we get paid 3.75 from the Commodity Credit , once the grain comes to rest and we have no visible deterioration and shrinkage in the same ...
... going into storage , we averaged about 3.2 cents a bushel expense on our free grain , and which we get paid 3.75 from the Commodity Credit , once the grain comes to rest and we have no visible deterioration and shrinkage in the same ...
Page 30
... going . One was 75 percent , I believe , of your new facilities would be paid on the rate established . If you did not get filled , you would have 75 percent for 3 years or 50 percent for 5 years . That was another inducement made by ...
... going . One was 75 percent , I believe , of your new facilities would be paid on the rate established . If you did not get filled , you would have 75 percent for 3 years or 50 percent for 5 years . That was another inducement made by ...
Page 33
... going to continue to have sur- plus and if we are going to continue to have this amount of occu- pancy , I think , like the man I have already mentioned , I think for a guaranteed year's storage , I think the rate - and it has in the ...
... going to continue to have sur- plus and if we are going to continue to have this amount of occu- pancy , I think , like the man I have already mentioned , I think for a guaranteed year's storage , I think the rate - and it has in the ...
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Common terms and phrases
abnormal profit administrative agency amortization average bins capacity Cargill cents a bushel cents per bushel Chairman CHARAM charges COLE commercial committee Commodity Credit Corporation Commodity Stabilization Service conflict of interest contract COREY corn correct Counsel country elevator December 31 Department of Agriculture Director DUDDEN employees estimated farm farmers figures fiscal going GOOLD Government grain Grain Storage Agreement GREGG HANSON HENDRICKSON investigation investment LAYBOURN loan McGregor ment million bushels Minneapolis negotiations North Dakota operation PALMBY percent Personnel PHILLIPS POLLOCK Portland PUELZ question record regulations ROBERTS SCHMIDT Senator COOPER Senator ELLENDER Senator HUMPHREY Senator MUNDT Senator PROXMIRE Senator SYMINGTON Senator YOUNG shrinkage soybeans statement storage cost storage facilities storage rates storing grain Stuart Symington subcommittee SUMMA Three State Warehouse tion U.S. Department U.S. SENATE UGSA Uniform Grain Storage warehouseman wheat YOUNG of North