Word: bushel
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Dates: during 1980-1989
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...other hand, if the price rises to, say, $3 a bushel in six months' time, the farmer would not collect that extra 25?-a-bushel profit. But farmers are often willing to forgo the opportunity for additional profit in order to guarantee in advance what they consider to be a fair return...
People were asked to donate money in multiples of $2.20, the approximate price of a bushel of corn, but no one worried much about making the math come out even. Some farmers took their corn to grain elevators and asked the operators to forward the cash to Iowa Shares. One woman and her husband sent in $80 and her engagement ring. Iowa Shares kept the money but sent back the ring. In Dubuque, high schools sponsored a dance. Eric Sharp, 9, gave the $50 that his parents were going to spend for his Christmas presents...