Friday, June 13, 2008
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> WASHINGTON - Larry Matlack, President of the American
> Agriculture Movement (AAM), has raised concerns over the issue
> of U.S. grain reserves after it was announced that the sale of
> 18.37 million bushels of wheat from USDA’s Commodity Credit
> Corporation (CCC) Bill Emerson Humanitarian Trust.
>
>
> “According to the May 1, 2008 CCC inventory report there are
> o­nly 24.1 million bushels of wheat in inventory, so after this
> sale there will be o­nly 2.7 million bushels of wheat left the
> entire CCC inventory,” warned Matlack.  “Our concern is not
> that we are using the remainder of our strategic grain reserves
> for humanitarian relief.  AAM fully supports the action and
> all humanitarian food relief.  Our concern is that the U.S.
> has nothing else in our emergency food pantry.  There is no
> cheese, no butter, no dry milk powder, no grains or anything
> else left in reserve.  The o­nly thing left in the entire
> CCC inventory will be 2.7 million bushels of wheat which is
> about enough wheat to make ½ of a loaf of bread for each of the
> 300 million people in America.

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