| Show USDA announces I 1 1949 milk support program USDA announced this week an additional program to support prices of milk going into manufacturing fac turing uses during 1949 at national average of 90 per cent of parity equivalent price for manufacturing milk in accordance with agricultural act 1948 parity equivalent price is percent of U S average parity price of all milk sold by farmers at wholesale to plants andl andi and dealers support operations will be carried out through offers by department to purchase nonfat dry milk solids when necessary in carrying out any necessary support operations department will wilf offer to buy in any area during 1949 nonfat dry milk solids of U S extra grade at 1225 cents per pound for spray type solids and 11 cents for roller type solids for delivery before sept I 1 and at 1275 cents for spray and 1150 cents for roller for f or delivery on and after sept 1 any nonfat dry milk solids acquired under program will be available for sale to agencies administering foreign programs and for use in school lunch programs milk solids also will be I 1 available for sale in domestic market at not less than purchase price plus storage and other carrying costs incurred by department part ment similar program to support i I 1 I 1 farm prices of butterfat at 90 per cent of parity through purchases i of butter was announced feb 8 1949 programs supplement each other the two support programs as announced both with seasonal differentials are planned to encourage normal storage of 0 f dairy products during spring and summer months of seasonally large production for marketing in fall and winter by encouraging commercial storage programs are expected to stabilize sta blize market by preventing drastic decline in butterfat and manufacturing fac turing milk prices during heavy producing period and subsequent sharp r rise I 1 s e during months of low production |
