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Show Farm Bureau Targets Exports Although the American Farm Bureau has traditionally opposed government involvement in agricultural marketing, temporary U.S. government farm export subsidies may be the only way to force the European Economic Community to stop subsidizing its own exports and ruining U. S. markets, according to Utah Farm Bureau ( 23rd - 24th & 25th This is J a legitimate factory direct J waterbed sale to be con- ducted at Fashion Furniture ( 115 No. Main. Watch for ( the Wrights Furniture Mill i JM!llL President Frank Nishiguchi. "We do not like export subsidies," he said, "but we cannot sit by and let our overseas markets be taken over by Common Market commodities that are lower in price only because their govern-ments subsidizes them." He said foreign governments have also been subsidizing interest rates on their export financing of those commodities. Recent agricultural trade negotiating efforts with the European Community have failed and the U.S. must counter Commnon M. Market policy "in order to get their attention and force them into serious negotiations," Nishiguchi said. Agricultural products are the only area of U.S. exports which maintain a positive trade balance, exporting more than are imported, he said. If overseas farm markets are lost because of inequitable trade policies and foreign subsidies an "even greater deficit will exist in the U.S. balance of payments," he said. |