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105915 1 (1978-05-31)

handle is hein.gao/gaobadxzm0001 and id is 1 raw text is: 

DUCUREVT RESE


05915 - (B1566596]

Agricultural Export Reporting Lases. May 31, 19'd. 13 pp., * 2
enclosures (4 pp.).

Testimony before the Hous4 Committee on Agriculture: Department
Investigations, Oversight, and Research Subcommittee; by J.
Kenneth Fasick, Director, International Div.

Contact: International Div.
Organization Concerned: Department of Agriculture.
Congressional Relevance: House Committee on Agriculture:
    Department Investigations, Oversight, and Research
    Su tcommittee.
Authority: gricpltural Trade Act of 1978. Agzcultural Act of
    1977. Agriculture aad Consumer Protection Act of 1973.
    Export Administratin Act of 1969. H.R. 10946 (95th Cong.).

         Since the establishment of a mandatory export reporting
system in September 1973# all exporters of wheat and wheat
flour, feed grains, oilseeds, cotton, and related commodities
have pLovided the Department of Agriculture with weekly export
sales data. Throughout its existence, the expo-t reporting
system has been plagued with Froblems which have resulted in
questions concerning its accuracy, effectivGness, and
efficiency. The system has fallen short of providing timely,
accurate, reliable, and complete agricultural export data. It
has not provided prospective sales izuformation &nd was not
effective as an early wluing system. & survey of agricultural
comodity exporters itdicated that exporters had a generally
favorable attitude toward the export sales reporting system but
that most exporters were generally opposed to note stringent
controls. However, exporters were generally dissatisfied with
past Government actions which caused them to cancel or
renegotiate contracts. They were generally satisfied with the
voluntary prior approval system which was a mild precontractual
review of large volume export sales. a study of the relatiouship
between weekly agricultural prices and weekly data published in
the expcrt. reports shoved inccn3istent results, and an analysis
of the reporting syste6s impact Gn price variability showed
little impact on prices as a result of the reporting system.
Proposed legislation is designed to make more and better export
information available to the Secretary of Agriculture and to
provide a mechanism for more timely decisionmaking. (BRS)

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