Word: cornes
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...send the farmer a check for the difference. The targets since 1973 have replaced the old-style support prices, under which the Government actually bought up the commodities and stockpiled them. The new target price would be increased as follows: on wheat from $2.05 per bu. to $3.10; on corn from $1.38 per bu. to $2.25; on cotton from...
Last week Pillsbury Co. cut wholesale prices on a broad range of biscuits and other products by 10%. In addition, farm-commodity prices have been dropping for months. Many experts, looking forward to a bumper crop this fall, expect the trend to continue. Since October, corn has slid from $4.03 to $2.84 per bu., wheat from $5.45 to $3.61 and sugar, which was trading at a horrific 64? per lb. in November, to 28? on commodity markets. Choice beef has been declining. But increasingly tight supplies will probably force it up by 10? or 12? per lb. at retail levels...
...frugally and eaten over a period of time. It must keep up to six months, so some air must get to it but flies must not. The answer in Ishikawa prefecture is to sheathe it in straight wisps of straw and then bind it in straw rope like a corn husk, unwrap as much as you need, cut it off, close the inner layer of straw, retie the bundle. Such packaging uses humble materials with breathtaking panache: witness a bottle for sweet sake from Tokyo, coarse brown earthenware capped with a mottled sheet of bamboo bark and tied with creeper...
...darkness and who seldom utter a sound above a groan." In theory, no one who was not there gives a damn about this loving reliquary -anecdotes, old cartoons, floor plans and interoffice memos. Might it not be more fun to curl up with a rollicking treatise on varieties of corn blight or infrastructure at the Bank of America...
Playing the options market can be tricky, but it does offer several advantages to the small investor with limited assets. Like speculators in wheat, corn or gold futures on the commodities exchanges, an investor dealing in options buys a contract (the option) guaranteeing him the right to the purchase of 100 shares of a common stock at an agreed-upon price any time within three, six or nine months. While the Federal Reserve Board requires those who buy stock directly to put up at least 50% of its cost in cash at the time of purchase, the option trader need...