CCC monthly sales list

MISSING IMAGE

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:
October 1974
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_00002
System ID:
AA00005310:00002

Full Text





Feist (202) 44-76787
McDavid (202) 44-74026


NEWS
U.S. DEPARTMENT OF AGRICULTURE

CCC ISSUES MONTHLY SALES LIST FOR OCTOBER 1974:

WASHINGTON, Sept. 30--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) September 30, 1974.
These prices, subject to amendment, will continue until superseded by the
November Monthly Sales List.

The list of commodities available for sale is unchanged from a month
earlier except for the deletion of rice. Wheat, corn, rye, barley, and
sorghum stocks have been sold except for small reserves to cover tolerances
on undelivered sales etc., and are listed for occasional sales that may be
necessary as deliveries are being completed.

With the 1974 crop marketing year beginning October 1, formula pricing
for corn and sorghum is based on 1974 loan rates plus markups representing
15 percent of national average loan rates plus carrying charges. Carrying
charges are unchanged at 2 cents per bushel per month for corn and 3 cents
per hundredweight for sorghum. Formula prices will be the same for the first
four months and then increase by the amount of the carrying charge during the
fifth through the tenth month of the marketing year.

In this sales list: "Unrestricted use" applies to sales which permit
either domestic or export use and "export" applies to sales, which require
export. "Market price" and "transit value" apply to prices and values as
determined by CCC. "Designated terminals" are listed in grain price support
regulations. A listing of USDA offices involved in CCC sales operations is
shown at the end of the list.

Prices on deferred delivery sales of grain at origin locations 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 origin 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 the 1974 Uniform Grain Storage Agreement schedule of rates.
Interest to date of payment will be at 12 1/2 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. Specific terms for
to-arrive sales will be enumerated with separate announcements.



Applicants for all Department programs vwill e giver equal conslaeration wni out regTard to amnwl rOa.I.

4582 o) HUME LmRe 3-7
UNIV. OF PL LIB.
DOCUMENTS DEPT
OCT 0 7 9
r v.


U.S. DEPOSITORY


I.F.A.S.- UL.G .















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. Interest at 12k percent
will be charged for delinquent payments on consignment and track grain sales from
the date of sale to the date payment is received.

Although a commodity may not be specifically listed for export sale, CCC
reserves the right to make emergency sales of its stocks for export if unexpected
trade opportunities develop or 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 and by
amendments to the CCC Monthly Sales List.

On sales for which the buyer is required to submit to CCC proof of exporta-
tion, the buyer shall be regularly engaged in the business of buying or selling
commodities and for this purposes shall maintain a bona fide business office in
the United States, its territories or possessions and have a person, principal,
or resident agent upon whom service or 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 existing barter
contracts.

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




ron (more) USDA 2773-74


4800o














Commodity Sales Price or Method of Sale
-- - - - ----------------------"" '

Butter UNRESTRICTED USE SALES: (Instore Carlot Quantities)

Market price but not less than 9 cents per pound over
CCC's purchase price at each location.

Sales are made under Announcement MP-14.

-- - -7- - - --------------"' -
Nonfat Dry Milk UNRESTRICTED USE SALES: (Instore-Carlot Quantities)

Market price, but not less than the following
announced prices for spray process nonfat dry milk
(NDM) in 50 pound bags:

65 cents per pound for NDM in bags of type
specified in ASCS Announcement CMO-1.

64.75 cents per pound for NDM in commercial
type bags.

Sales are made under Announcement MP-14.


USDA 2773-74


4582


more















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

1. At designated terminals The 1974 county loan rate
where stored plus the markup below, plus the transit
value or 4 cents per bushel, whichever is higher
(7 cents per cwt. for sorghum). 1/

2. Outside of designated terminals The county loan
rate where stored plus the markup below, plus the
transit value, if any.

3. Markups:

Wheat Grade 1 27 Cents Per Bushel
Barley Grade 2 20 Cents Per Bushel
Rye Grade 2 20 Cents Per Bushel
Sorghum Grade 2 39 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.

Nonstorable

At not less than the market price.


USDA 2773-74


4582


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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)

The minimum price is the market price but not less
than the formula price, which is the 1974 county
loan rate where stored plus 23 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 1974 county
loan rate where stored plus 13 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.



















4582 (more) USDA 2773-74




















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USDA AGRICULTURAL STABILIZATION AND CONSERVATION SERVICE OFFICES:

SALES OFFICES: Addresses, Telephone and sales areas

Prairie Village ASCS Commodity Office 2400 West 75th Street (P.O. Box 8377)
shawnee Mission, Kansas 66208: Telephone: Area Code 816, 926-6421.
Feed grains, wheat, rye and oilseeds are sold by the Commodity Office
and Branch offices as listed below. Cotton, rice, dry edible beans,
honey and tung oil are sold only by the Commodity Office.
Domestic and Export Sales Alaska, Arizona, Colorado, Florida, Georgia,
Hawaii, Iowa, Kansas, Louisiana, Missouri, Nebraska, Nevada, New Mexico,
North Carolina, South Carolina, Tennessee, and Wyoming.
Domestic Sales Only Alabama, California, and Mississippi.
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 60604
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, 921 S.W. Washington St.
Room 256 Pittock Block, Portland, Oregon 97205
Telephone: Area Code 503, 221-2715

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

Branch Office Houston ASCS Branch Office, 2320 LaBranch
Houston, Texas 77004
Telephone: Area Code 713, 226-5871

Domestic and Export Sales Arkansas, Louisiana, Oklahoma, and Texas.
Export Sales Only Alabama and Mississippi.

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



4582 USDA 2773-74




UNIVERSITY OF FLORIDA

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