Word: cornes
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...surge: widespread expectations in the commodity markets that the Soviet Union may go on another grain-buying binge, in part to make up for an expectedly poor crop this year. That could cause worldwide demand to outstrip production and lead to shortages. Such speculation has driven up prices for corn, wheat and other grains by prompting buyers-domestic and foreign-to increase their orders as a hedge against being caught short...
...level is to dealers in gold. Though prices dipped somewhat last week, contracts for wheat and some grains to be delivered in July rose to yearly highs during June. At their peak, contracts for wheat were up to $4.86 per bu., vs. $3.23 for the same period last year. Corn, the major livestock feed, jumped to $3.17 per bu., up from $2.59 last year...
...Niles Mayor Larry Clymer: "I'm sitting here biting my nails. What we got is a snowstorm in the middle of June. Nobody can go anywhere." In Connecticut, truckers effectively blocked off five major fuel terminals. In Massachusetts and Maine, produce shipments dropped 40%. Hog deliveries in the Corn Belt were off by 75%. California Governor Jerry Brown sent a telegram to President Carter warning that agricultural shipments had reached a crisis stage: "Most of the California production is perishable and will be totally lost if the disruption continues...
While drawing their vaudevillian routines from the bottom of a gunny sack indelibly marked CORN, these entertainers engage in enough adventures and misadventures to stock a TV mini-series- though much of it would have to be blipped out, since the show is rife with four-letter words, most of which begin with...
...prices rose a modest .4%, vs. .9% in April, the smallest increase in nine months. The main reason: a drop in food prices, including beef, because of a decline in consumption. But food prices may resume their rise because crop-killing rains in the Midwest could tighten supplies of corn and wheat, and OPEC's continuing oil price rises will further fire up inflation...