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UNITED STATES DEPARTMENT OF AGRICULTURE—COMMODITY CREDIT CORPORATION
Commodities offered for ex port sale on a competitive-bid basis during calendar years 1953 and 1954

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21494-58-pt. 880

1 The estimated purchase price, including loan collateral forfeited, is a rougb approximation only, since inventory records of most commodities acquired from various crop years at various prices are maintained on a commingled basis. Since commodities in the Corporation's inventory are generally disposed of on a first-in, first-out basis, it has been assumed for the purposes of this statement that the purchase price of commodities sold related predominantly to the oldest commodities in Inventory.

? Offer intended to include entire inventory available.

3 All bids originally received were rejected. A later bid for the purchase of grade A
butter at 41 cents per pound was accepted. Subsequently, offer was made to sell at not
less than 41 cents per pound for grade A and not less than 39 cents for grade B butter.
On the basis of these prices, CCO sold 1,414,351 pounds of butter at estimated purchase
price of $806,000 for $557,662.

Commodities offered for export sale on a competitive-bid basis during calendar year 1955

Commodity

Unit of measure

Date first
offered

Quantity on hand J

January 1, 1955

Sales price
(estimated)

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Corn
Peanuts
Rice
Wheat 4

Light-test weight.

Soft red
Milk and butterfat:

Butter
Cheese
Milk, nonfat dry
Whey

Dry
Dry products.

Condensed
Tung oil..
Wool.
Barley
Beans, dry edible.

Baby lima
Large lima
Pinto
Pink.
Small red.

Great northern
Cottonseed products:
Cottonseed oil:

Crude.

Refined
Cottonseed meal.

Cotton linters.
Flaxseed
Linseed oil
Oats.
Olive oil..
Rye.
Seeds:
Hay and pasture

Birdsfoot trefoil.
Buffalo alfalla.
Ladak alfalfa.
Grimm alfalfa
Northern alfalfa
Fescue..

February 1955.
November 1955.
October 1954.
February 1954.

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May 1955
January 1955.
May 1955.
August 1955.

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100,000 to 500,000
Indefinite 6

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213, 616
134, 300

60, 665
306, 422
45, 500

81, 514, 700 1, 294, 500

971, 000

476, 800
2, 439, 100

358, 500

671, 615
832, 220

268, 338
2, 120, 744

295, 750

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1 The estimated purchase price, including loan collateral forfeited, is a rough approxi.
mation only, since inventory records of most commodities acquired from various crop
years at various prices are inaintained on a commingled basis. Since commodities in
the Corporation's inventory are generally disposed of on a first-in, first-out basis, it has
been assumed for the purpose of this statement that the purchase price of commodities
sold related predominantly to the oldest commodities in inventory.

2 Offered in monthly sales list, but no inventories became available.

* Offerings were for entire inventory available of broken rice only.

Offerings were for light-test weight and soft red wheat only. Other wheat was sold
ser expert under the International Wheat Agreement and outside the agreement at less
than domestic prices, but not on a competitive-bid basis.

3 Available either for export or domestic sale. Presumable export sales would be
negligible and CCO records would not reflect whether any was actually exported.

6 Offer intended to include entire inventory available.

Commodities offered for export sale on a competitive bid basis during calendar year 1956

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Corn..
Cotton:

Extra long staple.

Upland..
Peanuts:

Shelled.

Farmers' stock
Rice:

Broken
Milled.

Rough.
Wheat ...

Light test weight.
Honey
Milk and butterfat:

Butter.
Cheese

Milk, nonfat dry.
Tung oil..
Wool...
Barley.
Beans, dry edible.

Baby lima
Large lima.
Pinto.
Pea..
Small red.

Great northern
Cottonseed products:

Cottonseed oil: Refined
Cotton linters
Linseed oil.
Naval stores: Rosin.
Oats..
Rye.

May 1955.
September 1953.
April 1954.
November 1955.
May 1965.
February 1955.
November 1955.
October 1954.

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Bushels.
Hundredweight.

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166, 398, 824 10,000,000
333, 001, 929 230,000,000
161, 713, 453 | 147,000,000.
22, 987, 873 191,000 to 1,920,000..
140, 059, 185 | Indefinite
31, 261, 403 35,000 to 3,360,024..
1, 865, 269

28,536 to 181,000
2,659.
10,000 to 1,001,000.
100,000 to 400,000..
50,000 to 461,000..

37,000 to 80,000
17,877, 760 84,000.-
495, 830, 097 364,200,000.
57, 255, 644 9,000,000 to 30,200,000.-

542, 038 100,000
35, 258, 232 175,000 to 1,500,000
3,305, 906 | 50,000 to 1,000,000..

38,661, 649
117, 134

2, 659
314, 368
751, 950
534, 834
253, 628

4, 499, 451
1, 345, 808
4, 309, 619

1
43, 340, 660

327.700

7,339]
1,775, 109
3,944, 010
3, 228, 017
1,659, 490

February 1954.

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May 1955.
April 1953.
May 1955.
August 1955.
January 1954.
July 1965.
January 1954
January 1956.
November 1954..
October 1954

586, 842

25, 952
1,942, 794
5, 399, 001
3,695, 703
1, 705, 279

Pounds.

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.do. Drums, 517 pounds net. Bushels.

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7 39, 200,000

6, 155 27, 427, 300 11, 863, 000

5, 592,000

244, 622 16, 730, 653 13, 998, 340

5, 392, 000

266, 204 17, 136, 002 14, 743, 061

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