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 1975
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_00005
System ID:
AA00005310:00005

Full Text







Feist (202) 447-6787
McDavid (202) 447-4026

U.S DEPARTMENT OF AGRICUL URE
"O T 3 0 7n< -
CCC ISSUES MONTHLY SALES LIST FOR OCTOBER 1975:


WASHINGTON, September 30--The U.S. De athir A ti uA tu an ddA
today the minimum prices at which Commodit y--red~4-t--CGepeiratieen ,0eee..) ---
commodity holdings are available for sale beginning at 2:30 p.m. (EDT)
September 30, 1975. These prices, subject to amendment, will continue until
superseded by the November Monthly Sales List.

Listed for unrestricted use are oats, and nonfat dry milk. Peanuts are
listed for restricted use sale. Wheat, corn, rye, barley and sorghum stocks
have been sold except for small lots and are listed to cover remaining sales.

The list of commodities available for sale is unchanged from a month
earlier except for the deletion of butter. Markups from September are increased
by 2- cents for wheat, barley and rye and by 2 cents for oats. Also with
the 1975 crop marketing year beginning October 1, formula pricing for corn and
sorghum is based on 1975 loan rates plus markups. The markups for corn and
sorghum elevate formula prices to 115% of target prices. Markups for the 2nd
through the 12th month of the marketing year will include carrying charges
which will accumulate at the rate of 2 cents per month for corn and 4 cents
per month for sorghum. In addition the farmers stock peanut offering is
revised to include a minimum price formula and the Prairie Village ASCS Commodity
Office is designated as the office to which bids should be submitted.

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.

The pricing provisions in the CCC Monthly Sales List in effect at time of
sale shall be applicable to sales of all commodities. Grain sales are made
on-track with immediate delivery: in-store for delivery as soon as possible
subject to availability of transportation. In the case of sales FOB buyers
conveyance carrying charges for account of the buyer will accrue at the rate
specified in the contract commencing 10 days after date of sales. Sales for
delivery other than immediate or as soon as possible will be made only pursuant
to terms specified in special provisions.





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Applicants for all Department programs will be given equal consideration without regard to race, color, sex, creed or national origin.


UNIV. OF FL LIB.
DOCUMENTS DEPT.





U.S DEPOSITORY













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 9 percent
will be charged for delinquent payments on consignment and track grain sales.


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.

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.


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

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

U.S. Extra Grade:

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

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

69.75 cents per pound for NDM in commercial
type bags.

U.S. Standard Grade:

U.S. Extra Grade price minus 1 cent.

Sales are made under Announcement MP-14.

Peanuts RESTRICTED USE SALES: (FOB point of storage)

Farmers Stock
The minimum price is the market price but not less than the
following formula price:

1. Segregation 1 lots (loan classification)

The formula price is 100 percent of the 1975 crop price support
value (prior to the deduction for storage, handling and
inspection) for the applicable location, type and quality, plus
the markup below.

2. Segregation 2 lots (loan classification)

The formula price is 24.50 cents per pound of total kernel
content (TKC) plus the markup below. Adjustments for oil and
ammonia content will be made after delivery per Announcement
PV-P-FS-1 (to be issued later).

3. Markups

October None
November None
December On December 1, 1975 a markup will begin to


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Commodity :Sales Price or Method of Sale

(cont'd)


Peanuts


Farmers Stock


accumulate at the rate of 55 cents per net ton
per week (farmers stock basis) for Segregation
1 peanuts and .03 cents per pound TKC per week
for segregation 2 peanuts.


Alternative Uses of a Lot


1. Export as farmer stock peanuts.
2. Domestic crushing.
3. Export for crushing and shipped in bulk, or fragmented
if shipped in bags or containers.
4. Milled to US No. 1 or better grade shelled peanuts for
export with remaining kernels to be crushed domestically
or exported for crushing in bulk, or fragmented if in
bags or containers.

Sales are made under announcement PV-P-FS-1 (to be issued later). When
stocks are available lot lists or invitations to bid will be issued by
peanut associations for submission of competitive bids each Tuesday to
the Prairie Village ASCS Commodity Office. Association addresses are:


GFA Peanut Association

Peanut Growers Cooperative
Marketing Association

Southwestern Peanut Growers'
Association


Camilla, Ga. 31730

Franklin, Va. 23851


Gorman, Texas 76454


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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 1975 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 $ 1.06 Per Bushel
Barley Grade 2 $ .47 Per Bushel
Rye Grade 2 $ .46 Per Bushel
Sorghum Grade 2 $ .82 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.


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Commodity : Sales Price or Method of Sale

Corn, Bulk UNRESTRICTED USE SALES:

A. Storable (Basis Grade 2 15.1-15.5'7 Moisture, In-Store)

The minimum price is the market price but not less
than the formula price, which is the 1975 county
loan rate where stored plus 49 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.


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 1975 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.

















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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, dairy products,
honey tung oil and peanuts are sold only by the Commodity Office.
Domestic and Export Sales Alaska, Arizona, Colorado, Georgia, Hawaii,
Iowa, Kansas, Missouri, Nebraska, Nevada, New Mexico, North Carolina, South
Carolina, Tennessee, and Wyoming.

Branch Office Chicago ASCS Branch Office, 536 South Clark Street
Room 219, Chicago, Illinois 60605
Telephone: Area Code 312, 353-6581

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

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

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 California, Idaho, Oregon, Utah, and Washington


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