Word: bu
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Politicians of the Harding-Coolidge era (1921-29) the phrase "Dollar Wheat" was the sorriest raven-croak of agricultural depression. It suggested unpaid mortgages, political revolts, elections lost. When in July, 1923, wheat dropped to 96^ per bu. there was something akin to panic in Republican Washington, with wild talk that a Republican could not be elected President the following year...
...make "Dollar Wheat" a distinct possibility. In fact "Dollar Wheat" was an actuality in the highest grades of grain. Montana Dark was taken for $1.01 in the Seattle pit. A fine hard variety brought $1 at Boise. The Pillsbury Flour Mills at Minneapolis paid $1.03 per bu. for No. i amber durum...
...grain's Black Monday. Wheat in Chicago wilted down to 44?¢ per bu., an all-time low. Then began the steady slow climb out of the depths. October closed with an average gain of 33% in all grain prices. December wheat went to about 61¢ per bu. adding $67,000,000 to the crop's value in less than four weeks. In the same period corn bounded up 10¢ per bu. with an increased value of $216,000,000. Oats ($40,000,000) and rye ($5.000,000) brought the total increase of grain values to $328,000,000 above...
...exist. While Soviet officials scrambled to buy back their contracts, France, Germany, Italy turned to the U. S. and Canada for their supply. The Australian and Argentine crops would not come in until January. Meanwhile Europe was reported to have a scant four weeks supply (65,000,000 bu.) of wheat on hand fit for milling...
...Farm Board's sales began to exceed the 5.000,000 bu. per month which it had pledged as its maximum. In order to keep its pledge and not outsell farmers and cooperatives, it re-entered the futures market and bought back enough to average its books down to the 5,000,000 bu. limit...