Acquisition and Disposal of the CCC Price-Support Inventory

Excerpts: The Commodity Credit Corporation through its price-support program, acquires stocks of various farm products. These stocks in the aggregate are referred to as the “price-support inventory." The price-support inventory has been very large in recent years, having, on January 31, 1956, a cost value of $5,920,000,000. A large inventory creates several problems. For example, it has a depressing effect on market prices. It increases possibility of waste through deterioration or spoilage. It runs up heavy storage charges. Consequently, CCC must continuously seek useful outlets through which it can dispose of its holdings. Commodities from the price-support inventory are disposed of in various ways. Some are sold in the United States. Some are sold in export channels—both for dollars and foreign currencies. Some are transferred to other Government agencies for such uses as feed supplies for drought areas, food for the American armed forces, and foreign relief feeding. Some are bartered for materials produced abroad. Substantial quantities of perishable commodities have been donated to school lunch programs and, through approved welfare organizations, to needy people in the United States and abroad

Parity Price-Support Levels Directed or Authorized by Farm Legislation

Price-support operations have been carried on by the Commodity Credit Corporation since 1933. Over most of this period the level of support either has been directed or authorized by specific price legislation. The following tabulations show the support levels, in terms of parity price percentages, directed or authorized. The levels also are discussed in some detail in supplementary notes

Cotton – Review of Commodity Credit Corporation Programs, 1933-1954

The net result of all of the cotton programs financed with capital funds of the Commodity Credit Corporation from 1933 through December 31, 1954 except cotton linters, was a profit of $231 million dollars. The following narrative summary and the attached statistical tables provide a review of the cotton operations of Commodity Credit Corporation which resulted in this profit

Financial Aspects of Technological Concept for Energy Efficiency Enhancement during Stripper Wells Development in Tomsk Region

The issue of operating costs cutting in terms of falling oil prices on the world market actualizes the challenge to find technological solutions to reduce electricity consumption during well operation. This is especially important for stripped-wells of small deposits in Tomsk region. The correlation analysis between the cost of oil production, electricity, heat and fuel consumption during the extraction of one ton of oil allowed the authors to focus on the financial aspect of such technological solutions like periodic well operation in the Shinginskoye field as well as to recommend the application of this method at the other fields in Tomsk region

Wheat, Its Products and Uses

Contents: Origin --- Botanical Description --- Structure and Composition --- Vitamin Content --- Production Development --- Commercial Types --- Production Areas and Variety Distribution --- Harvesting Dates and Methods --- Relative Importance of the Wheat Crop --- Grades and Prices Production, Supply, and Distribution (Storage Facilities) --- Uses (Seed – Feed – Food – Industrial Uses [Starch and Gluten – Gluten-Procea Process – Alcohol and Spirits – Malt – Paste – Core-Binder Flour] --- Flour Milling Processes (Modern Process – Other Milling Processes – Geographical Distribution of Milling Capacity and Flour Production) --- Wheat Utilization Research --- Selected References

Moving Agricultural Surpluses Into Consumption

This booklet shows in graphic form how the Commodity Credit Corporation is moving agricultural commodities acquired under the price support program into consumption channels both at home and abroad. Between June 30, 1953, and September 30, 1959, more than S17 billion worth of commodities were moved from CCC inventories through various sales and disposition programs. Results of these programs are highlighted in subsequent pages. Gives sales and dispositions of CCC price support commodities by program; payment- in-kind program developments; competitive bid program for export; average monthly subsidy bid levels allowed since the beginning of programs for corn, barley, grain sorghums, oats, rye, milled rice, and cotton

Gold as a Tool for Hedging Financial Risks

The article discusses gold as a protective asset, which claims to be a high-efficiency tool for hedging financial risks. In the introductory part the general characteristics of hedging as a method of full or partial risk elimination is given, and the main known types of risk hedging typical for a financial asset portfolio holder are considered. Further, dynamics of the world prices for gold is analyzed in a historical retrospective, whereby the conclusion is drawn on a tendency of this asset to grow during the periods of financial instability, and also if new financial assets appear. In the final part of the article the assessment of gold as a tool for hedging financial risks is given

Audits of futures commission merchants, introducing brokers, and commodity pools

https://egrove.olemiss.edu/aicpa_comm/1083/thumbnail.jp