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Feist (202) 447-6787 McDavid (202) 447-4026 U.S. DEPARTMENT OF AGRICULTURE CCC ISSUES MONTHLY SALES LIST FOR APRIL 1978: WASHINGTON, March 31--Minimum prices at which Commodity Credit Corporation (CCC) commodity holdings will be available for sale during April were announced today by Ray Fitzgerald, CCC executive vice-president. These prices, subject to amendment, become effective at 2:30 p.m. (EST) today and will continue until superseded by the May monthly sales list. The April list of commodities is unchanged from the March list. Dairy products, which were removed from the list on March 8, are again listed (at higher prices) for April. 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" means prices as determined by CCC. Nonfat dry milk, butter, cheese and rice are listed for unrestricted use sale. Crude peanut oil and farmers stock peanuts are listed for restricted use sale. Peanut oil stocks have been sold except for small reserves and is listed for occasional sales that may be necessary as deliveries are being completed. Odd lots and off-quality lots are sold promptly and may not appear in the Monthly Sales List. CCC may limit sales quantities. Nonstorable commodities will be sold at not less than the market price. Sales are not confined to delivery positions that may be cited in commodity offerings. Minimum prices for other positions are derived by applying adjustments for handling charges, etc. 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 10 percent will be charged for delinquent payments on all sales. 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 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 Internal 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, Inventory Management Division, ASCS, USDA, P.O. Box 2415, Washington, D. C. 20013, -more- USDS 939-,8 UNIV. OF FL LIB. D CUMENTS DEPT. UME L!B RA Y I "-' APR 1 978, 0 U.S )EPOSITORY 'i.F.A.S. Univ. of Florida Commodity :Sales Price or Method of Sale Nonfat Dry Milk UNRESTRICTED USE SALES: (instore-Carlot Quantities) 1. Market price, but not less than 78 cents per pound for U.S. Extra Grade spray process in 50 pound bags. Sales are made under Announcement PV-DS-2. 2. Competitive offer basis: From time to time an invitation will be issued for competitive offers under Announcement PV-DS-1 to purchase nonfat dry milk which is 20 months old or older and/or has moisture content of 4.2 percent but not more than 5.0 percent. Butter UNRESTRICTED USE SALES: (instore-Carlot Quantities) Market price, but not less than 11 cents per pound over CCC's purchase price at each location for U.S. Grade A or higher in 60 to 68-pound blocks. Sales are made under Announcement PV-DS-2. Cheddar Cheese UNRESTRICTED USE SALES: (instore-Carlot Quantities) Market price, but not less than $1.14 per pound (standard moisture basis) for U.S. Grade A or higher in 40 pound blocks. Sales are made under Announcement PV-DS-2. Rice, Rough UNRESTRICTED USE SALES: (f.o.b. warehouse) The minimum price is the market price but not less than the formula price. The formula price is 155% of the 1977 loan rate plus 55 cents per hundredweight. Basis of Sale is f.o.b. warehouse as is, or at the buyers option, basis outturn weights and grades. -more- Commodity :Sales Price or Method of Sale Peanut Domestic Use Sales Oil (Bulk-FOB origin-Carlot Quantities) Prime Crude Competitive offer basis under Announcement PVP-CPO-1 with issuance of invitations by and submission of bids to the Kansas City ASCS Commodity Office. Proof of domestic utilization is required per Announcement PVP-CPO-1. Peanuts Crushing or Export Sales (Segregation 1 lots) (FOB origin) Farmers Stock The minimum price is the market price but not less than the following formula price: 1. Segregation 1 lots The formula price is 100% of the 1977 crop price support value (prior to deduction for storage, handling and inspection) for the applicable location type and quality, plus the following markups: April 2-8 $18.00 per ton April 9-15 $19.00 per ton April 16-22 $20.00 per ton April 23-29 $21.00 per ton -more- Commodity :Sales Price or Method of Sale Sales are made under announcement PR-I. When stocks are a.zi! hlp. lot lists or invitations to bid will be issued by peanut associations for submission of competitive bids to the Producer Associations Division. Association and Producer Associations Division addresses are listed on the last page of this press release. Permissable uses of the peanuts, which are listed in more detail in announcement PR-1, include the export of shelled peanuts, of any type, which grade U.S. Splits or U.S. No. 1 or better or "With Splits" grades as defined in Marketing Agreement for Peanuts No. 146, and the remaining kernels crushed domestically or exported for crushing if fragmented in accordance with PR-1. Peanuts Sales for Domestic Crushing and Domestic Use of Oil Farmers (Segregation 1, 2, and 3 lots) (FOB origin) Stock Competitive offer basis under Announcement PR-DCR-1. Adjustments in the sales price will be made after delivery per Announcement-PR-DCR-1. Proof of domestic use of peanut oil will be required per Announcement PR-DCR-l. For segregation 3 lots meal use restriction is subject to PPB count for aflatoxin. When stocks are available, lot lists or invitations to bid will be issued by peanut associations for submission of bids to the Producer Associations Division. Association and Producer Associations Division addresses are listed on the last page of this press release. -more- USDA AGRICULTURAL STABILIZATION AND CONSERVATION SERVICE OFFICES: 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, and tung oil are sold only by the Commodity Office. Peanuts are sold by the Producer Associations Division. SALES OFFICES: Addresses, Telephone and sales areas Kansas City ASCS Commodity Office 2400 West 75th Street (P.O. Box 8377) Shawnee Mission, Kansas 66208: Telephone: Area Code 816-926-6421 (Grain),, 6140 (Dairy), 6425 IRice). Domestic and Export Sales Alaska, Arizona, Colorado, Connecticut, Delaware, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, West Virginia and Wyoming. Branch Office - Houston ASCS Branch Office, 2550 North Loop West Suite 525 Houston, Texas 77018 P.O. Box 94175 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, Room 832 Federal Building 1220 S.W. 3rd Avenue Portland, Oregon 97204 Telephone: Area Code 503, 221-2715 Domestic and Export Sales California, Idaho, Nevada, Oregon, Utah and Washington. Producer Associations Division P.O. Box 2415 Washington, D. C. 20013 Telephone: Area Code 202, 447-4318 Peanut Association Addresses GFA Peanut Association Telephone: Area Code 912, 336-5241 Peanut Growers Cooperative Marketing Assn. Telephone: Area Code 804, 562-4103 Southwestern Peanut Growers Association S Telephone: Area Code 817, 734-2222 Camilla, GA 31730 Franklin, VA 23851 Gorman, TX 76454 USDA 939-78 Digitized by the Internet Archive in 2011 with funding from University of Florida, George A. Smathers Libraries with support from LYRASIS and the Sloan Foundation http://www.archive.org/details/cccmonthlyapr1978unit UNIVERSITY OF FLORIDA 111111 11 111111111111111111 11111111 1118 1 l i 111111111 3 1262 08864 4553 |