Word: bushelful
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...absolute virtue is not the only command written upon the sheepskin Harvardiana-brethren, ye must not hide your light under a bushel. Consider the needs of the simple and sociable savages in the West, the rude frontiersmen doomed to destruction in their shiny Jaguars, the winning young ladies in their sororities and sewing circles-all, all waiting for that saving seed, that saving seed which only we and our apostles can plant...
Because of election-year congressional wrangling (TIME, April 16 et seq.), the bank had got off to a late start. Most winter wheat was waving in the breezes, and most corn farmers saw more chance for profit in raising crops for the guaranteed support prices of $1.50 a bushel under acreage control or $1.25 for over allotment corn. Then came the drought. Fiery winds seared crops in Iowa, Nebraska and Kansas. Farmers looked at their parched and wilted fields, hied themselves off to the soil bank, signed on the dotted line and went back home to plow their stunted crops...
...Bushel by bushel, bale by bale, the U.S. has succeeded in cutting down its embarrassing surplus of farm products by $2.9 billion since 1954 (still leaving more than $8 billion), the White House reported last week to Congress. Of that amount, $1.2 billion in surplus food, tobacco and cotton was either sold, bartered (for precious minerals and other materials), or given outright to the needy during the first six months of 1956. Overall, the U.S. lost money in the disposal, from 1) a $1.3 billion deficit on the actual sales and donations, 2) the exchange of surpluses for foreign currency...
...Chicago Board of Trade, the star performer for weeks has been the versatile soybean, the eighth most valuable U.S. farm crop. Since the first of the year, Europe's freeze, which ruined the olive-oil crop, has sent the oily soy soaring nearly $1 a bushel to the season's high of $3.42 per bushel. While other farm commodities did poorly, the soy did nip-ups for happy speculators: exports from Oct. 1 to March 31 rose nearly 1,000%, compared with the same period a year ago, while domestic producers crushed the beans at a record rate...
...midweek the inevitable happened. As trading volume reached an alltime high of 66,205,000 bushels, prices for July futures, i.e., July delivery, dived the permissible 10? limit for the day. The next day the same thing happened as speculators with tiny margins and quick reflexes hastened to unload. Rumors that the Commodity Exchange Authority (the SEC of commodity trading) was going to investigate possible market rigging brought still more stop-loss orders pouring in. At week's end, the CEA investigation rumors quieted; July futures closed at $3.20 per bushel, a loss of about 22? in three days...