IMPACT OF FURTHER RISES IN GRAIN PRICES ON LATIN AMERICA
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP85T00875R001900030139-2
Release Decision:
RIPPUB
Original Classification:
C
Document Page Count:
11
Document Creation Date:
December 19, 2016
Document Release Date:
August 18, 2005
Sequence Number:
139
Case Number:
Publication Date:
October 17, 1974
Content Type:
MF
File:
Attachment | Size |
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![]() | 500.96 KB |
Body:
25X1
Approved For Release 2005/12/14 :CIA-RDP85T00875R001900030139-2
Approved For Release 2005/12/14: CIA-RDP85T00875R001900030139-2
11 October 1974
SUBJECT : Impact of Further Rises in
Grain Prices on Latin America
Attached is the assessment you requested. It is
based on the highest possible prices for wheat ($7/bushel)
and corn ($5.50/bushe:.), as you recruested. In reality,
prices probably would not exceed $6 and $5, respectively.
More importantly, the volume of trade likely at such
prices would be small since substantial quantities of
grain have already been contracted for at prevailing
prices and many buyers would leave the market. As a
result, international prices of $7/bushel for wheat and
$5.50/bushel for corn would probably affect less than
10% of total Latin American imports of these commodities
in FY1975.
Attachment:
as stated.
Distribution: (S-6536)
0. & 1 - Addressee
t - n/nFR
(17 Oct 74)
CONFIDENTIAL
MICRO
ONLY
Approved For Release 2005/12/14: CIA-RDP85T00875R001900030139-2
/ ft'/ C / S - a X