Word: corns
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...GOALTENDING GP GA AVG J. Murray, Harv. 5 15 3.06 S. Kelleher, Corn. 4 12 3.37 C. Walker, Dart. 7 19 3.38 T. Ciresi, Penn...
...also sparked a new round of increases in commodity prices, which in 1973 leaped upward more by far than in any recent year (see chart). Late last week on the Chicago Board of Trade, wheat was selling for $6.16 per bu., up $1.75 from a year ago. and corn was going for $2.86 per bu., v. $1.22. The New York economic forecasting firm of Townsend-Greenspan has estimated that wholesale farm prices in January rose 7½%, the biggest such increase since last August...
...Agriculture Department showed that farmers do indeed plan to grow more than ever this year. Provided that the weather and other imponderables cooperate, they should harvest some 2 billion bu. of wheat, an increase of 300 million bu. over last year's yield. The jump in corn planting is up 10%, to more than 77 million acres. In fact, the profits on corn are so high that on some farms corn is displacing acreage formerly given over to soybeans, long the superstar among U.S. agricultural products. For the first time in 15 years, land planted in soybeans is expected...
...abroad; worldwide shortages of grain and livestock feed; and the dollar devaluation, which offered a bargain to foreigners buying American goods with greenbacks that were suddenly cheap. As a result of all these pressures, during the year ending last August the price of wheat went up 186%, of corn 163% and of broilers...
Food prices will still be troublesome during early 1974, despite record 1973 crops and prospects for an even bigger output this year. One reason: foreign demand for U.S. farm goods remains extremely high because supplies of wheat and other items are still tight worldwide. The 1973 inflation in wheat, corn and soybeans showed how much havoc heavy export demand can wreak on U.S. prices. In addition, all the ups and downs of controls last year caused cattlemen and hog raisers to limit production sharply. That means that meat prices will stay high or even rise in the months immediately ahead...