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Friday Morning, January 5, 1973
Winston-Salem Journal
WASHINGTON (AP) -- The government exempted from price controls Thursday the first sale of broiler chickens and turkeys, but officials said the move is unlikely to lead to price increases.
The Cost of Living Council granted the exemption, the same one that now applies to raw agricultural products at the farm level. The exemption lifts controls from the initial transactions sending the poultry onto the market.
The exemption was sought by
the American Broiler Council
where a source said that "I
would be very surprised if any
price increase resulted."
The ' Cost of Living Council said the exemption was granted to continue the expansion of poultry production and' insure an adequate supply of broiler
chickens and turkeys at reason able prices in the months
ahead.
"Poultry producers can plan for expanded production levels with confidence that future pro duction can be marketed in a customary manner," the coun
cil said. . ,
It noted that prices of broil ers have declined sharply since 1959 while consumption has
gone up.
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