Word: cornelis
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When the Agriculture Department released its first estimate of drought damage last month, the news was grim. But when an updated outlook was released last week, the figures were even worse. The Government forecast that the year's corn harvest will reach only 4.48 billion bu., down 37% from last year. A month ago, the decline was pegged at 26%. The estimate of the wheat harvest, down 13% for the year, is virtually unchanged from July, but the soybean crop is looking far more stunted than it did a month ago. Production may total just 1.47 billion...
Such a discouraging report might have caused grain futures to surge at the Chicago Board of Trade, but traders expected the worst and took the news in stride. Prices for corn and soybeans actually fell slightly the day after the report was released. Still, prices were far higher than before the drought got bad. Soybeans sold for $8.50 per bu., up from $6.92 in May, and corn was $2.87 per bu., compared with $2.02 three months...
...disheartening as the federal crop estimates are, they may prove too optimistic, says Conrad Leslie, a private crop forecaster. He puts the corn crop at less than 4 billion bu. and soybeans at 1.4 billion bu. Says he: "This is the worst drought of the century...
...official's bullying superior, and a whole slew of secrets unwisely unearthed. The daring mingling of genres works rather better than the cluttered plot. Most memorable are the scenes of the central character, a wilder version of the bright boy who is the schoolteacher's beneficiary in The Corn Is Green. Even in this messy story, those passages could make believers of many who have given up too soon on the mystery as literature...
Among his most memorable creations is modeling chocolate, which he perfected while working at the Four Seasons. It is a blend of semisweet chocolate, corn syrup and water that solidifies in any shape it has been sculptured into. The stuff tastes like a Tootsie Roll, but its durability was the key to Kumin's perfection of flourless cakes. He constructs artful boxes of modeling chocolate and fills them with rich puddings or mousses...