Reagan says credit plan for farm exports widened

President Reagan, criticizing what he called unfair trade practices by the European Community, Tuesday announced a $250 million expansion of a credit program to boost US farm exports.

He said the enlarged program should increase agricultural exports by $1 billion this year. The President disclosed the move in a speech in which he also said he would go ahead on Jan. 24 with a ''payment-in-kind'' plan to raise depressed farm prices by offering government-held surplus grain and cotton to farmers who reduce crop acreage.

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...