Show wheat processing tax affects bread price very little 41 OK 1 10 7 1 CHESTER C DAVIS DA VIS director of production division agricultural adjustment administration while wheat farmers in the united states stand to benefit greatly as aa a result of the wheat program of the agricultural adjustment administration the effect on bread prices paid by the individual consumer is almost negligible it is pointed out by administration officials bread prices according to statistics compiled by the consumers counsel of the administration rose from 64 cents a pound in february to 79 cents on september 26 but of this 15 cent increase only a half cent was due to the processing tax of 30 cents a bushel levied on wheat the remainder was due to increased costs of labor and other operating expenses commenting on the effect of the program on the price of bread chester C davis director of the production division said while the consumer has had bad to pay one half cent more for a pound of bread because of the wheat processing tax what does it mean to the farmer it means millions of dollars increased acome for hard pressed wheat farming families dollars to spend for shoes implements hats lumber it means a chance to place wheat growing in this country on a sound basis so that wheat families may continue to be customers for city industry |