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 11
... reason , for example , for this one very high cost elevator was the fact that he had very little volume and lots of unused capacity ; so that he had to distribute his fixed costs over very little volume in terms of bushel years of ...
... reason , for example , for this one very high cost elevator was the fact that he had very little volume and lots of unused capacity ; so that he had to distribute his fixed costs over very little volume in terms of bushel years of ...
Page 13
... reasons I have already mentioned . Perhaps 1 cent a bushel would be a very fair and reasonable estimate of what these costs might amount to . Mr. SCHMIDT . Doctor , the study also shows , from the records of this company , that the ...
... reasons I have already mentioned . Perhaps 1 cent a bushel would be a very fair and reasonable estimate of what these costs might amount to . Mr. SCHMIDT . Doctor , the study also shows , from the records of this company , that the ...
Page 26
... reason , as was pointed out in our problem , that the storage set aside for storage— either Commodity Credit or our own - was at a high rate of occu- pancy from the period that was studied . And when you store grain on a yearly basis ...
... reason , as was pointed out in our problem , that the storage set aside for storage— either Commodity Credit or our own - was at a high rate of occu- pancy from the period that was studied . And when you store grain on a yearly basis ...
Page 29
... reasons , we will say . But that will enter into our cost of handling on the last year . And we have more expense ... reason . Mr. SCHMIDT . You would be willing , under those circumstances , to take 7 to 12 percent less ? Mr. SUMMA ...
... reasons , we will say . But that will enter into our cost of handling on the last year . And we have more expense ... reason . Mr. SCHMIDT . You would be willing , under those circumstances , to take 7 to 12 percent less ? Mr. SUMMA ...
Page 32
... reason that our grain merchandising count was down was the amount of quality and shrinkage that we had , two— they said , in the first part , there was no quality shrinkage in 12 years . To me , if he had to buy and replace his free ...
... reason that our grain merchandising count was down was the amount of quality and shrinkage that we had , two— they said , in the first part , there was no quality shrinkage in 12 years . To me , if he had to buy and replace his free ...
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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