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Pastimes : Swine -- Ignore unavailable to you. Want to Upgrade?


To: bill meehan who wrote (342)10/5/1999 6:57:00 PM
From: accountclosed  Respond to of 1401
 
Well that's evolution for you. We used to be your one hour of sanity <g>

High bidder on a coin. That's neat. I collected coins as a kid. I love looking at the gold coins and particularly the real old american currency on ebay.



To: bill meehan who wrote (342)10/5/1999 8:00:00 PM
From: accountclosed  Read Replies (1) | Respond to of 1401
 
So many swine on wall street that there is a glut? <g>

Hog farmers to urge fast pork purchases for Russia
WASHINGTON, Oct 5 (Reuters) - U.S. pork producers on Wednesday will urge the U.S. Agriculture Department to buy at least 50,000 tonnes of U.S. pork -- quickly -- to aid the Russian people as well as U.S. hog farmers.

In testimony prepared for a House Agriculture Committee hearing on Russia food aid, the National Pork Producers Council plans to tell lawmakers that the USDA should buy pork in late 1999 and early 2000 to donate to Russia and avert another crash in live hog prices.

''In fact, we believe that the present global situation warrants up to an additional 150,000 MT of pork and pork product food aid,'' said Danville, Indiana, pork producer John Hardin, Jr., in prepared testimony released to reporters on Tuesday.

''This assistance could be for the Russian Federation and other countries that need assistance,'' he wrote.

U.S. Agriculture Secretary Dan Glickman also is scheduled to testify at the House Agriculture Committee on Russia food aid at 10 a.m. EDT (1400 GMT) on Wednesday.

Hardin said that the pork must be bought without delay in order to avoid the crash in pork prices seen on commodity markets in December, when hog prices dove to their lowest levels in decades.

''I must underscore that time is of the essence here,'' he wrote. ''Yes, we would appreciate pork food aid tenders in January or February, but to avert another serious drop in live hog prices, USDA needs to tender for pork as soon as possible.''

Last year, the USDA negotiated a $1 billion food aid package for Russia that included 50,000 tonnes of direct donations of U.S. pork. Pork producers say prices rose approximately $10 per hundredweight when the USDA tendered for the meat this summer.

The USDA announced last week that Russia is seeking additional food aid. USDA sources say the request did not include pork or beef but note that Russia did not seek red meat in its request last year but the USDA managed to include pork and beef in the package.

Hardin noted that farmers were disappointed that in the first package, it took USDA a long time to tender for the pork. The agreement was first struck in November but bids did not go out until July.

''Based on the expertise that USDA developed in the first food aid program, the second food aid program certainly can be completed within a much shorter time period,'' he said.


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