U.S. farmers can ill afford any further price losses through excessive imports. Imports of beef. veal. mutton. cheese. and eggs are substantially higher than the levels of a year ago. Imports of meat subject to the 1964 quota law. for example. were almost 40 percent higher during the first 10 months of 1966 than they were during the same period in The Department of Agriculture predicts that these meat imports will rise to a point just below the trigger level at which an import quota would become effective. This is certainly no guarantee that U.S. beef producers will not be faced with lower prices. for no one can draw a magic line and say "if Imports stay below this level. American farmers wont be hurt." Depending on conditions. even a small amount of imports at the wrong time can send farm prices plummeting.
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quota law