Publisher's Synopsis
Excerpt from The Wheat Situation, Vol. 124: Aug-Sept. 1951
The minimum support price of for the 1952 crop announced by the Secretary of Agriculture on August 29 is 90 percent of the mid-july parity price. If 90 percent of parity at the beginning of the marketing year is higher, the support will be raised to that level.
The International Wheat Agreement ends with the 1952-53 year and the question of extension will be considered in coming months, During the first 2 years of the Agreement, exports of wheat and flour have been maintained at a higher level than would have been possible in the absence of the Agreement or a similar export program.
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