President Kennedy announces surplus grain sales to Soviet Union

The U.S. has a significant wheat surplus, leading to a deal to sell 250 million bushels to Soviet Russia and its allies. This transaction, worth over $300 million, will be carried out by American ships and is expected to benefit the U.S. economy. The President highlighted the deal's alignment with similar transactions by Australia and Canada, showcasing the success of American agriculture. The sale is seen as a step towards reducing global tensions and improving international relations, though it does not signify a new trade policy with the Soviet Union.

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