Agriculture Secretary Ezra Taft Benson, who believes that free markets are best for farmers, last week had to swallow a bitter pill. He restricted plantings for next year's wheat crop to 62 million acres, down 20% from this year's planting, and thus imposed the first acreage controls on wheat in three years. He also ordered a vote by the nation's farmers on whether marketing quotas should be imposed, the first such poll in eleven years. If two-thirds of the farmers approve the quotas, as expected, they may sell only as much as they produce, and the Government will continue to support...
To continue reading:
or
Log-In