Farm Surpluses and Foreign Policy
GOVERNMENT stocks of surplus agricultural commodities, which reached a record level of over nine billion dollars in February 1956, have moved to the center of the stage in recent agricultural legislation and discussions of the farm problem. Reasons for this prominence are numerous. Most obvious perhaps is simply the reaction against the apparent waste of resources in building up huge stocks for which no clear use is in sight. Merely to maintain stocks of this magnitude is a costly undertaking and has necessitated an uneconomic expansion of storage facilities. Little wonder, then, that more and more attention is being devoted to finding means for disposing of this vast mass of agricultural products acquired by the United States government as a prop to farm prices.