Search results
Results From The WOW.Com Content Network
These purchase prices are set high enough to enable dairy processors to pay farmers at least the support price for the milk they use in manufacturing these products. The 2002 farm bill (P.L. 107-171, Sec. 1501) mandated a support price of $9.90/ cwt , effective through December 31, 2007, when the program by law was scheduled to expire.
The Ministry of Food recognized that rationing would likely cause increases in the price of food to consumers and decided to subsidize the prices of many foods, thereby reducing inflationary pressures. [42] The government controlled "nearly every facet of food production, distribution, and consumption" during the war. [43]
Fish was not rationed, but prices increased considerably as the war progressed. The government initially did not ration fish, for fishermen, at risk from enemy attack and mines, had to be paid a premium for their catch in order to fish at all. Prices were controlled from 1941. [20] [page needed] Like other foods, fish was seldom available in ...
For premium support please call: 800-290-4726 more ways to reach us
To buy goods, consumers needed government tickets authorizing them to buy a certain quantity. Starting in the autumn and winter of 1940–1941, bread, sugar, milk, butter, cheese, oil, meat, coffee and eggs were all rationed, as was coal. [11] [27] [28] In 1941, rationing was further extended to chocolate, produce, shoes, textiles and tobacco.
For premium support please call: 800-290-4726 more ways to reach us more ways to reach us
Following the hearings, the state of New York established a Milk Control Board in 1933 that was empowered to set maximum and minimum retail prices. The board set the price of a quart of milk at 9¢. The price reflected the market price at some point in the past and the order was designed to prevent price cutting. [2]
The result was a sharp jump in prices, with food increasing by 14 percent and the cost of overall living rising by 6 percent, an equivalent to more than 100 percent per year. [7] [8] Consumers all over the nation turned out in varying numbers to protest these increases, with labor unions forming a major part of the participants. [7] [8]