Word: bushel
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Dates: during 1980-1989
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...apples. The sound of apples crushing underneath your feet as you walk up to a tree and start pulling off one Red Delicious after another, a red ladder (probably planted there by the orchard owner to make it look more quaint) leaning against an apple tree, lugging half a bushel of apples back...
...fair in the true sense of the word, complete with helium balloons, popcorn, prizes, and bushel-baskets of apples. But its workers were dressed in pin-striped suits, not overalls, and fairgoers were more interested in information technology than apple...
...Government has long protected farmers' income by supporting farm prices and by making direct subsidy payments. For many crops, it has established loan rates, like $2.40 for a bushel of wheat in 1986. These rates put a floor under prices. Farmers can then borrow from the Government at the rate set for their crops, offering their unsold harvest as collateral. If the farmers manage to sell their crops on the market at a price higher than the loan rate, they can repay the loan and keep the difference. But if the growers are offered only a price lower than...
...many American-grown foods well above those prevailing in the rest of the world. The supports are a complex mixture of loans and cash payments from the Government to farmers, who sometimes have to restrict planting to qualify for them. They guarantee the farmer a minimum income per bushel, which he can collect from Uncle Sam if private buyers will not pay that much; they keep market prices near the support level. In the case of wheat, which gets more subsidy ($3.8 billion this year) than any other American crop, the basic U.S. support level...
...full farm-policy changes the Administration seeks are probably too drastic for Congress to accept in this session. But Reagan, Block and Stockman have at least opened a debate going well beyond the usual wrangles over so many cents per bushel to the fundamentals of farm policy. Should its goal be to keep farmers in business or to produce an industry able to compete in world markets, and in an era of $200 billion budget deficits, how much can taxpayers reasonably be required to shell out? In that debate, the opponents can muster plenty of humanitarian emotion, but the Administration...