B.J. Malusky speaking about the progress for cooperative marketing of grain and farm supplies. He talks about changes with G.T.A. bylaws and delegates, and also mentions the merger of National Federation of Grain Cooperatives and the National Council of Cooperatives. Malusky speaks of changes in production and marketing in the grain industry and that G.T.A. ordered a major study on the future of grain marketing. Governor William L. Guy from North Dakota gives the closing speech. Guy talks about the Nixon administration's freeze on raw agricultural goods prices. He also speaks about the rural-urban imbalance and its effects.