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117015 1 (1981-12-10)

handle is hein.gao/gaobacsss0001 and id is 1 raw text is: 


             United States General Accounting Office
                     Washington, D.C.  20548


                                      For release on delivery
                                      expected at 10:00 a.m. EST
                                      Thursday, December 10, 1981


                          Statement of

           Brian P. Crowley, Senior Associate Director
           Community and Economic Development Division

                           Before the

        Subcommittee on Wheat, Soybeans, and Feed Grains
                    Committee on Agriculture
                    House of Representatives

                              on a

             General Accounting Office Review of the
           Department of Agriculture's Grain Warehouse
                      Examination Programs

Mr. Chairman and Members of the Subcommittee:

     We are here today at your request to discuss the results of

our review of the Department of Agriculture's (USDA's) grain ware-

house examination programs.  Our report to the Secretary of Agri-

culture, issued on June 19, 1981, was entitled More Can Be Done

To Protect Depositors At Federally Examined Grain Warehouses

(CED-81-112).  Grain warehouse bankruptcies over the past few

years and the publicity given a few recent cases have heightened

concern about Federal and State warehouse licensing and examina-

tion programs.

     The Department of Agriculture and at least 29 grain-producing

States administer programs to ensure that producers and the Federal

Government have safe storage facilities for their agricultural

commodities.




                                                     117015

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