Effects of the USDA Corn Storage Program on Corn Carryover Stocks and Corn Utilization, January 1957

(1957) Effects of the USDA Corn Storage Program on Corn Carryover Stocks and Corn Utilization, January 1957. Iowa State University

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Abstract

This report analyzes the effects of the USDA stabilization program on corn year-end carryover stocks and corn utilization. It also presents data on the cost of the program to the USDA. The objectives of the program were to stabilize corn and other feed grain utilization and prices and to raise the long-run level of those prices. In pursuit of these objectives, a program of nonrecourse loans to farmers on corn sealed in cribs on their farms was undertaken, supplemented later by provisions for purchase agreements and loans stored in commercial warehouses. This stabilization program was backed up in some years by acreage control programs designed to reduce corn production.

Item Type: Departmental Report
Keywords: Agricultural, Corn Storage, Corn Stocks, crops
Subjects: Agriculture and food production
Agriculture and food production > Agricultural finance
Agriculture and food production > Crops
Agriculture and food production > Crops > Corn
ID Code: 48241
Deposited By: Margaret Barr
Deposited On: 19 Mar 2024 19:21
Last Modified: 19 Mar 2024 19:21
URI: https://publications.iowa.gov/id/eprint/48241