Friday, June 06, 2008 - 10:10 AM

AAM Concerned with CCC Inventories

WASHINGTON - Larry Matlack, President of the American Agriculture Movement (AAM), has raised concerns over the issue of U.S. grain reserves after it was announced that the sale of 18.37 million bushels of wheat from USDA’s Commodity Credit Corporation (CCC) Bill Emerson Humanitarian Trust.


“According to the May 1, 2008 CCC inventory report there are oÂ*nly 24.1 million bushels of wheat in inventory, so after this sale there will be oÂ*nly 2.7 million bushels of wheat left the entire CCC inventory,â€