For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C. 20402 - Price 70 cents COMMITTEE ON GOVERNMENT OPERATIONS SAM J. ERVIN, JR., North Carolina, Chairman JOHN L. MCCLELLAN, Arkansas ABRAHAM RIBICOFF, Connecticut LEE METCALF, Montana JAMES B. ALLEN, Alabama LAWTON CHILES, Florida SAM NUNN, Georgia WALTER D. HUDDLESTON, Kentucky CHARLES H. PERCY, Illinois ROBERT BLAND SMITH, Jr., Chief Counsel and Staff Director PERMANENT SUBCOMMITTEE ON INVESTIGATIONS HENRY M. JACKSON, Washington, Chairman JOHN L. MCCLELLAN, Arkansas WALTER D. HUDDLESTON, Kentucky CHARLES H. PERCY, Illinois HOWARD J. FELDMAN, Chief Counsel IV. The wheat subsidy... History and operations. Subsidies exceed $300 million...... The absence of studies and evaluations. Dr. Brunthaver's recollection.. The Steinweg version of the July 3 meeting Dr. Brunthaver's denial.. When Secretary Butz learned of sales. Contacts of other companies in week July 3-8, 1972.. Contact by Louis Dreyfus Corp... Contact by Bunge Corp.. Contact by Cargill, Inc. Justice Department determination. CEA responsibilities. The pertinent issues. Futures purchases on inside information. Erroneous reports_- VI. The Commodity Exchange Authority and the Russian grain deal.. Manipulations of wheat futures_. VII. Profits and Prices. Grain company profits.. Some farmers lose profits.. Prices to consumers climb.... VIII. Findings and conclusions... X. Appendix............ Pare 27 27 28 28 30 31 33 33 34 34 35 36 36 37 38 40 40 40 41 41 41 43 43 43 43 43 47 51 51 51 52 55 65 67 |