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Reagan says credit plan for farm exports widened

  • By Compiled From Wire Service Dispatches With Analysis From Monitor Correspondnts Around The World
  • Edited By Anne Collier

| Dallas

President Reagan, criticizing what he called unfair trade practices by the European Community, Tuesday announced a $250 million expansion of a credit program to boost US farm exports.

He said the enlarged program should increase agricultural exports by $1 billion this year. The President disclosed the move in a speech in which he also said he would go ahead on Jan. 24 with a ''payment-in-kind'' plan to raise depressed farm prices by offering government-held surplus grain and cotton to farmers who reduce crop acreage.

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