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Hendrickson, Chief of the Agricultural Marketing Administration, indicatec 

 to a Farm and Home Week audience Tuesday, that lend-lease purchases were 

 going ahead at a rapid rate and that the present limiting factor v/as 

 shipping space. Pork and lard are two of the products needed for shiT>- 

 ment to Britain. 



There is some question as to how high livestock prices will be 

 permitted to rise. According to the price fixing law, the limitations 

 would be 110 per cent of parity based upon 1909 to 191^ relationships, 

 1919 to 1929 average, October 1, 19^1, or December 15, 19^1, prices, 

 whichever were highest. Top prices for beef cattle are already above . 

 these levels, and hog prices are not far below these limitations. 

 Doubtless a further provision in the law that permits the Secretary of 

 Agriculture to veto the action of the Office of Price Administration 

 would make it possible for hog prices to continue above the legal 

 limits in order to encourage the production of hog products. 



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