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dred weight of steers for the 1963 marketing year. In other words any cattleman pounding a 1000 lb. cow last year lost $49.00 because we have been asleepat the switch. A general agreement on tariffs and trades (GATTJ made thirty years ago between the U. S. and certain countries and which was never ratified is responsible. Production costs in New Zealand and Australia are much lower than ours. Cattlemen of these countries realizing this plus the fact that import duty was but 3C per pound while other costs,
88.6%