Word: bushelful
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...name of the new speculation game is soybeans. More precisely, it is soybean futures. One representative contract shot up from $3.20 per bushel last summer to a record $7 early in March and closed last week at $6.18. That outstripped even the performance of feed corn, lumber studs, and other commodities-including metals-that have also been putting on a pyrotechnic show. The fireworks have tempted investors, who not long ago considered soybeans to be little more than a health food...
...buys a future agrees to take delivery of-and pay for -a certain amount of a commodity that can be sent to him anywhere from a day to a year and a half after purchase. That arrangement has given more than one investor nightmares about having 5,000 bushels of wheat or five tons of sugar dumped on his doorstep. In fact, only 2% of all futures trades result in actual deliveries to a bakery, metal-processing plant or other users of the goods. The rest are purely paper transactions; if the holder of a soybean future, for example, theoretically...
...actually sell for in one to nine months. Since November, the 124-year-old exchange's volume record and many of its price records have been broken as frantic traders have bid up many farm products. Early this year, for example, wheat was selling for around $1.48 a bushel for deliveries in March, but traders are now agreeing to pay $2.69 a bushel. Such sky-high prices will push the value of all commodities traded on the exchange this year to an estimated $120 billion, a 36% increase over last year's record of $88 billion...
...Reagan in the most exciting part she has had in her four-year acting career: Adelaide, the nightclub entertainer and perennial fiancée of Gambler Nathan Detroit. In four pairs of eyelashes and a fluffy blonde wig, Maureen drew guffaws and catcalls in her bumping and grinding A Bushel and a Peck number, but the theater critic of the San Diego Union was more restrained. "Maureen Reagan," he wrote, "compensates for a small voice with large eyes and a dignified dedication...
...Norman E. Borlaug is a onetime Iowa farm boy who probably knows as much about growing food as anyone else in the world. He won the 1970 Nobel Peace Prize for his contribution to the development of "miracle" high-yield strains of wheat, which produced up to four bushels where only one bushel had grown before, and which have helped make India, West Pakistan and Mexico nearly self-sufficient for their cereal supply...