For part of the frightening food situation which last week had all Washington and half the U.S. in a dither (see p. 11), U.S. food packers gave one hard & fast reason: Government buyers are snapping up canned goods as if they expected every canner to close shop tomorrow. Last year the Government bought 75,000,000 cases of canned fruits and vegetables, a walloping 31% of the biggest pack on record. This year's buying schedules are bigger still—140,000,000 cases, over one-half the total pack.
The Government backs up this buying spree with one stock answer:...
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