CCC monthly sales list

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Material Information

Title:
CCC monthly sales list
Series Title:
United States. Dept. of Agriculture. News
Alternate title:
ǂi Issues for <May 1967 - Nov. 1982 have title: ǂa CCC issues monthly sales list for ..
Physical Description:
: ; 23 cm.
Language:
English
Creator:
United States -- Agricultural Stabilization and Conservation Service
Publisher:
U.S. Dept. of Agriculture, Agricultural Stabilization and Conservation Service, Commodity Operations Division.
Place of Publication:
Washington
Creation Date:
August 1972
Frequency:
monthly
regular

Subjects

Subjects / Keywords:
Commodity exchanges -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )

Notes

General Note:
Caption title.
General Note:
On cover: "News - U.S. Dept. of Agriculture"

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 001355666
oclc - 02568909
notis - AGL6870
sobekcm - AA00005310_00001
System ID:
AA00005310:00001

Full Text

4-1 'Q2 : T

Feist (202) 388-3134
McDavid (202) 388-4026


U. S. DEPARTMENT OF AGRICULTURE

CCC ISSUES MONTHLY SALES LIST FOR AUGUST 1972:


WASHINGTON, July 31 -- The U. S. Department of Agriculture announced today
the minimum prices at which Commodity Credit Corporation (CCC) commodity holdings
are available for sale beginning at 2:30 p.m., (EDT) July 31, 1972. These prices,
subject to amendment, will continue until superseded by the September Monthly Sales
List.

Listed for unrestricted use sale are wheat, rye, corn, barley, oats, grain
sorghum, flaxseed, rice, linseed oil, butter, nonfat dry milk, cotton, and tung
oil. Listed for export are linseed oil, oats, rye, nonfat dry milk, butter, rice
and wheat. Peanuts are offered for restricted use. The list of commodities
offered for sale in August is unchanged from a month earlier. With the 1972
crop marketing year beginning August 1,-formula pricing for cotton and rice
is based on 1972 loan rates.

CCC will sell warehouse stocks of grains (except rice) and oilseeds (except
peanuts) for deferred delivery up to 120 days from the date of sale. Prices of
such sales will be in accordance with the CCC Monthly Sales List in effect at
the time of sale with interest beginning for the account of the buyer the day
after the date of sale. Such sales made on an in store delivery basis will
require storage to begin for the account of the buyer 10 days after the date of
sale. Such sales made on an FOB delivery basis will require storage for the
account of the buyer beginning on the day after the date of sale. Storage charges
will be in accordance with Uniform Grain Storage Agreement rates. Interest to
date of payment will be at 6% percent. No cash advance will be required from
responsible buyers, but buyers will be required to furnish CCC an irrevocable
letter of credit covering the purchase price plus estimated storage and interest
to the end of the delivery period.

In this Sales List, "market price an ra P to prices and
values as determined by CCC. "Unrest cl'pli s as which permit
either domestic or export use and "e ro a ,q e export.
"Announcement GR-212" means the third vision, Nov. 30, 1 nd
"Designated terminals" are listed in rain price support regulations. export
market price" means a price as determ ned by CCC and generally reflects the price
at which commodities are being sold f r export.'0 T C 1972

Information on CCC binsite stock can be obtained from Agricultur Stabili-
zation and Conservation Service Stat Offices. Information on elevator stocks
of feed grains, rye and wheat is avai ale athe Knsas City ASCS C dity Office
and the Chicago, Minneapolis and Por A d actr l of f USDA office.
involved in CCC sales operations is s o. tHe 1

All sales of processed commodities will be made in compliance with
Executive Order 11640.

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UNIV. OF FL LIB.
DOCUMENTS DEPT.





U.S REPOSITORY











Corn, oats, barley, grain sorghum, wheat, and rye, as determined by CCC
will be sold at the market price for unrestricted use for "Dealers' Certificates"
issued under the Emergency Livestock Feed Program.

Odd lots and off-quality lots are sold promptly and may not appear in the
Monthly Sales List. CCC may limit sales quantities.

CCC reserves the right to refuse to consider an offer if it does not have
adequate information of financial responsibility of the offerer to meet contract
obligations of the type contemplated in this announcement.

Although a commodity may not be specifically listed for export sale, CCC
reserves the right to make emergency sales of its stocks for export when the flow
of commodities to ports is disrupted or impeded and the maintenance of U. S.
exports is temporarily jeopardized. Specific offering terms, including the
applicable export announcement to be used, will be provided interested parties
through special sales announcements by the appropriate ASCS Commodity or Branch
Office.

On sales for which the buyer is required to submit to CCC proof of exportation,
the buyer shall be regularly engaged in the business of buying or selling commodities
and for this purpose shallmaintain a bona fide business office in the United States,
its territories or possessions and have a person, principal, or resident agent upon
whom service of judicial process may be had.

Buyers are responsible for obtaining any required U. S. Government export
permit or license. Purchase from CCC shall not constitute any assurance that any
permit or license will be granted by the issuing authority.

Exports to certain countries are regulated by the U. S. Department of
Commerce. These restrictions also apply to any commodities purchased from the
Commodity Credit Corporation whether sold for restricted or unrestricted use.
Countries and commodities are specifically listed in the U. S. Department of
Commerce Export Control Regulations. Additional information is available from
the Bureau of International Commerce or from the field offices of the Department
of Commerce.

Stocks of tobacco under CCC loan are available for new and existing barter
contracts.

To be placed on the mailing list for the Monthly Sales List, make request
to: Director, Grain Division, ASCS, USDA, Washington, D. C. 20250.





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Commodity Commodities with Common Method Sale
-----------------------------------------------------------------------------
Wheat, Barley, UNRESTRICTED USE SALES: (Storable, Bulk, Basis In-Store)
Rye, Grain Sorghum
The minimum price is the market price but not less than
the following formula price:

1. At designated terminals The 1972 county loan rate
where stored plus the markup below, plus the transit
value or 4 cents per bushel, whichever is higher
(7 cents per ewt. and 1971 loan rates apply for grain
sorghum). 1/2/
2. Outside of designated terminals The county loan
rate where stored plus the markup below, plus the
transit value, if any. 2/

3. Markups:

Wheat Grade 1 23% Cents Per Bushel
Barley Grade 2 17% Cents Per Bushel
Rye Grade 2 18% Cents Per Bushel
Grain Sorghum Grade 2 49% Cents Per Cwt.

Loan differentials will be applied in determining the
formula price of other qualities.

1/ For wheat at designated terminals, the formula price
is for the predominant class. Adjustments for other
classes will be established when necessary by CCC.

2/ Except that the formula price of wheat at the
West Gulf is fixed at $1.801 per bushel. Also, the
minimum price for sales of Hard Red Winter wheat at
points tributary to the Gulf will be the higher of
the market price, the formula price at point of sale,
or the West Gulf price of $1.80h backed-off to point
of sale.

Nonstorable qualities will be sold at not less than the
market price.



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Commodity Sales Price or Method of Sale


Wheat, Bulk EXPORT:

CCC will sell limited quantities of Hard Red Winter, Durum,
and Hard Red Spring wheat at West Coast ports at export market
price levels for export under Announcement GR-212 (Revision
III, November 30, 1970, as amended).

A. Sales will be made only to fill dollar market sales
abroad and exporter must show export from the West Coast
to a destination west of the 170th meridian, west lon-
gitude, and east of the 60th meridian, east longitude,
and to ports on the West Coast of Central and South
America and the West Coast of Mexico. Dollar sales
shall mean sales for dollars and sales financed with
CCC credit, but not sales financed under Title I,
Public Law 480, 83rd Congress, as amended, or sales
for export under the Barter Program.

Rye, Bulk EXPORT:

CCC will sell rye at the export market price under Announcement
GR-212.
---- --- --- --- --- --- --- --- --- ---- --- --- --- --- --- --- --- --- --------m
Oats, Bulk EXPORT:

CCC will sell oats at the export market price under Announcement
GR-212.

Rice, Rough EXPORT AS MILLED OR BROWN:

Offered for sale under invitations to bid issued by the
Kansas City ASCS Commodity Office and must be exported as
milled or brown rice under GR-379, Revision 2.










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Commodity Sales Price or Method of Sale
----------------------------------------------------------------------------
Corn, Bulk UNRESTRICTED USE SALES:

A. Storable (Basis Grade 2 15.1-15.5% Moisture, In-Store)

Port Positions

Market price but not less than $1.44k per bushel at Duluth/
Superior;$1.47i other Great Lakes ports; $1.554 Gulf; and
$1.561 Atlantic.

Interior Positions

The minimum price is the market price but not less than the
formula price, which is the 1971 county loan rate where
stored plus 30% cents per bushel plus transit value, if any.

Loan differentials will be applied in determining the formula
price of other grades and qualities.

B. Nonstorable

At not less than the market price.
----------------------------------------- -----------
Oats, Bulk UNRESTRICTED USE SALES:

A. Storable (Basis Grade 3 In-Store)

The minimum price is the market price but not less than the
formula price, which is the 1972 county loan rate where
stored plus 12 cents per bushel plus transit value, if any.

Loan differentials will be applied in determining the formula
price of other grades and qualities.

B. Nonstorable

At not less than the market price.

Rice, Rough UNRESTRICTED USE SALES:

Market price but not less than the 1972 loan rate plus 5 percent
plus 12 cents per cwt., basis outturn weights and grades with
privilege of rejecting individual cars which are more than one grade
below the listed grade or contain more than one percent smut in
excess of the listed percentage.

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Commodity Sales Price or Method of Sale

Cotton, Upland UNRESTRICTED USE SALES:

Competitive offers under the terms and conditions of Announce-
ment NO-C-33 (Disposition of Upland Cotton For Unrestricted
Use and Under Barter Contracts, as amended). Cotton may be
acquired at the highest price offered, but not less than the
higher of (1) the market price as determined by CCC, or (2)
a minimum price determined by CCC, which will be based on the
1972 loan rate for Middling 1-inch cotton (micronaire 3.5 -
4.9) at average location,with adjustments for other qualities
based on current market differentials plus 335 points per pound.
Loan differentials for location will be used.





Cotton, Extra UNRESTRICTED USE SALES:
Long Staple
Competitive offers under the terms and conditions of Announce-
ment NO-C-6 (Revision 2), as amended. Extra Long staple cotton
may be acquired at the highest price offered, but not less than
the higher of (1) the market price as determined by CCC, or
(2) 115 percent of the current loan rate for such cotton plus
45 points per pound.

Cotton, Upland UNRESTRICTED USE SALES:
or Extra Long
Staple Competitive offers under the terms and conditions of Announce-
ment NO-C-20 (Revised) (Sale of Special Condition Cotton). Any
such cotton (below Grade, Sample Loose, Damaged Pickings, etc.)
owned by CCC will be offered for sale periodically on the basis
of samples representing the cotton according to schedules issued
from time to time by CCC.

AVAILABILITY INFORMATION:

Sale of cotton will be made by the New Orleans ASCS Commodity
Office. Sales announcements, related forms and catalogs for
upland cotton and extra long staple cotton showing quantities,
qualities and location may be obtained for a nominal fee from
that office.





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Commodity Sales Price or Method of Sale

Flaxseed UNRESTRICTED USE SALES:

A. Storable: (Bulk, Basis Grade 1 In-Store Minneapolis and
Duluth/Superior)

Market price but not less than $2.70 per bushel plus transit
value. Minimum price at locations other than Minneapolis and
Duluth/Superior will be adjusted, taking into consideration:
(a) cost of movement to these terminal locations, and (b)
other market factors. Available from the Minneapolis ASCS
Branch Office.

B. Nonstorable:

At not less than the market price.

Peanuts,
Shelled RESTRICTED USE SALES:

When stocks are available in their area of responsibility, the
quantity, type, and grade offered are announced in weekly lot
lists or invitations to bid issued by the following:

GFA Peanut Association Camilla, Ga. 31730

Peanut Growers Cooperative
Marketing Association Franklin, Va. 23851

Southwestern Peanut Growers'
Association Gorman, Texas 76454

Terms and conditions of sale are set forth in Announcement OC-10
effective Oct. 1, 1970, as amended, and the applicable lot list.

1. Shelled peanuts of less than U. S. No. 1 Grade may be
purchased for foreign or domestic crushing

2. Shelled graded peanuts equal to or exceeding requirements
of U. S. grades may be purchased for export without
limitations on their use.







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Commodity : Sales Price or Method of Sale
---_-_--- ----------------------------
Peanuts, RESTRICTED USE SALES:
Shelled
Cont'd Sales are made on the basis of competitive bids each Wednesday
by the Oilseeds and Special Crops Division, Agricultural Stabi-
lization and Conservation Service, Washington, D. C. 20250, to
which all bids must be sent.

Tung Oil UNRESTRICTED USE SALES:

Competitive offers under the terms and conditions of Announcement
NO-TNO-1.

The quantity offered, storage location and date bids are to be
received are announced in Invitations issued by the New Orleans
ASCS Commodity Office.

Bids will include, and be evaluated on the basis of, prices
offered per pound f.o.b. storage location. For certain
destinations, CCC will, as provided in the Announcement, refund
to the buyer a "freight equalization" allowance.

Sales will be made by the New Orleans ASCS Commodity Office.
Copies of the Announcement and the applicable Invitation may
be obtained from that office.

Linseed Oil UNRESTRICTED USE SALES:

Market price but not less than $0.09 per pound, basis in tanks,
Minneapolis. Prices for oil at storage locations other than
Minneapolis will be adjusted, taking into consideration: (a)
freight rates between Minneapolis and such other oil storage loca-
Lions, and (b) other market factors. Available from the Minneapolis
ASCS (Processed) Commodity Office.

Linseed Oil EXPORT:

Available on a competitive bid basis through the Minneapolis
ASCS Commodity Office under the terms and conditions of
Announcement LO-2.

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Commodity ------Sales Price or Method of Sale
4--------4--4 .. --'--'-'---- '''''----------------------------------------------'----------.... --4--4


DAIRY PRODUCTS


Sales are in carlots only in-store at storage location of
products.


SUBMISSION OF OFFERS:


Submit offers to the Minneapolis ASCS Commodity Office.


Nonfat Dry Milk


Nonfat Dry Milk
and Butter


Butter


UNRESTRICTED USE SALES:


Market price but not less than the following announced prices:
Spray process, U. S. Extra Grade, 35.0 cents per pound packed
in 50-pound bags. Sales are made under Announcement MP-14.


EXPORT:

Competitive offers, or at announced prices, as specified in
invitations issued by the Minneapolis ASCS Commodity Office
under the terms and conditions of Announcement MP-23. The
invitations will indicate the type of export sales authorized,
whether sales will be made by competitive offers or at announc-
ed prices, and the period of time for submission of offers.

UNRESTRICTED USE SALES:

Market price, but not less than the following announced prices:
70.75 cents per pound New York, Pennsylvania, New Jersey,
New England, Maryland, Virginia, West Virginia, Delaware and
the District of Columbia. All other States 69.75 cents per
pound. Sales are made under Announcement MP-14.


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USDA AGRICULTURAL STABILIZATION AND CONSERVATION SERVICE OFFICES:

GRAIN OFFICES: Addresses, Telephone and sales areas

Kansas City ASCS Commodity Office 8930 Ward Parkway (P.O. Box 205)
Kansas City, Mo. 64141. Telephone: Area Code 816, Emerson 1-0860
Domestic and Export Sales Alabama, Alaska, Arizona, Arkansas,
Colorado, Florida, Georgia, Hawaii, Iowa, Kansas, Louisiana,
Mississippi, Missouri, Nebraska, Nevada, New Mexico, North
Carolina, Oklahoma, South Carolina, Tennessee, Texas, and
Wyoming.
Domestic Sales Only California
Export Only Connecticut, Delaware, Illinois, Indiana, Iowa,
Kentucky, Maine, Maryland, Massachusetts, Michigan, New
Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode
Island, Virginia, Vermont, and West Virginia.

Branch Office Chicago ASCS Branch Office, 226 W. Jackson Blvd.
Room 106, Chicago, Illinois 60606
Telephone: Area Code 312, 353-6581

Domestic Sales Only Connecticut, Delaware, Illinois, Indiana
Kentucky, Maine, Maryland, Massachusetts, Michigan, New Hampshire,
New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Virginia,
Vermont, and West Virginia.

Branch Office Minneapolis ASCS Branch Office, 310 Grain Exchange Bldg.
Minneapolis, Minnesota 55415
Telephone: Area Code 612, 725-2051

Domestic and Export Sales Minnesota, Montana, North Dakota,
South Dakota, and Wisconsin.

Branch Office Portland ASCS Branch Office, 1218 S. W. Washington St.
Portland, Oregon 97205
Telephone: Area Code 503, 221-2715

Domestic and Export Sales Idaho, Oregon, Utah, and Washington
Export Sales Only California

PROCESSED COMMODITIES OFFICE --- (All States)
Minneapolis ASCS Commodity Office, 6400 France Ave. South, Minneapolis
Minnesota 55435 Telephone: Area Code 612, 725-3200.

COTTON OFFICE --- (All States)
New Orleans ASCS Commodity Office, New Orleans Service Center, Bldg. 350
13800 Gentilly Road, New Orleans, Louisiana 70129 Telephone: Area Code
504, 255-5500


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GENERAL SALES MANAGER OFFICES:

Representative of General Sales Manager, New York Area:
Joseph Reidinger
Federal Bldg., Room 1759, 26 Federal Plaza, New York
New York 10007
Telephone: Area Code 212, 264-8439, 8440, 8441.

ASCS STATE OFFICES

Illinois, Room 232, U. S. Post Office and Courthouse, Springfield,
Ill. 62701, Telephone: Area Code 217, 525-4180

Indiana, Suite 1600, 5610 Crawfordsville Road, Indianapolis,
Ind. 46224, Telephone: Area Code 317, 633-8521

Iowa, Room 937, Federal Building, 210 Walnut Street, Des Moines,
Iowa 50309, Telephone: Area Code 515, 284-4213

Kansas, 2601 Anderson Avenue, Manhattan,
Kansas 66502, Telephone: Area Code 913, 539-3531

Michigan, 1405 South Harrison Road, East Lansing,
Mich. 48823, Telephone: Area Code 517, 372-1910

Missouri, I.O.O.F. Building, 10th and Walnut Streets, Columbia,
Mo. 65201, Telephone: Area Code 314, 442-3111

Minnesota, Room 230 Federal Building and U.S. Courthouse, 316 Robert
Street, St. Paul, Minn. 55101, Telephone: Area Code 612, 725-7651

Montana, P. 0. Box 670, U. S. P. 0. and Federal Office Building,
Bozeman, Mont. 59715, Telephone: Area Code 406, 587-4511, Ext. 3,271

Nebraska, P. 0. Box 82208, 5801 0 Street, Lincoln,
Nebr. 68501, Telephone: Area Code 402, 475-3361

North Dakota, P. O. Box 3046, 657 Second Avenue, North, Fargo,
N. D. 58103, Telephone: Area Code 701, 237-5205

Ohio, Room 116, Old Federal Building, Columbus,
Ohio 43215, Telephone: Area Code 614, 469-6814

South Dakota, P. O. Box 843, 239 Wisconsin Street, SW, Huron,
S. D. 57350, Telephone: Area Code 605, 352-8651, Ext. 321 or 310

Wisconsin, P. O. Box 4248, 4601 Hammersley Road, Madison,
Wis. 53711, Telephone: Area Code 608,254-4441, Ext. 7535


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UNITED STATES DEPARTMENT OF AGRICULTURE
WASHINGTON, 0. C. 20250

OFFICIAL BUSINESS
PENALTY FOR PRIVATE USE. 1300


POSTAGE AND FEES PAID
U.S. DEPARTMENT OF
AGRICULTURE
AGR101 I U.S.MAIL
AGR 101

UNIVERSITY OF FLORIDA

111113 1 262 0II I II I II I Itl I 5I I
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