Word: corns
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Prices for fresh produce in season-lettuce, sweet corn and squash-remained stable or even dipped as supplies increased. But canned fruits and vegetables rose slightly, and are expected to jump in the months ahead, in part because of the Teamsters' strike against West Coast canners. Wheat farmers are holding on to much of their harvests in hope of even higher prices later, and flour and bread snowed no decline, as they usually do in summer...
...much as 900 to $1 per dozen for eggs, 800 per lb. for broiler chickens and $2 per lb. for pork chops and bacon. Lettuce, tomatoes, fresh fruit and other perishables will rise immediately. Also likely to leap are prices for cereals, flour and other wheat and corn products, oils, many canned goods and frozen foods. When the freeze ends in August, prices of many other items will...
...year-old white clapboard farmhouse one day last week and mulled over the riches that the summer would bring. "I helped my son Dirk plant 755 tomato plants a month ago," she remarked, "and found muscles that I haven't felt in years. By now the corn is about ready; we'll be having the first ears next week. We won't have any strawberries this year, but Til can and jam the peaches from our own trees in the early fall." Mrs. Wise also was keeping an eye on 30 head of polled beef cattle...
...buck up the supply and bring down the price of feed, the Administration clamped a temporary embargo on exports of soybeans and cottonseed. This week the Administration will announce a stiff program of export controls on these feeds, and perhaps corn as well. President Nixon acted after the Commerce Department reported that export commitments for June, July and August were so great that the nation was in danger of running out of the pea-shaped, yellow or green, protein-loaded soybeans before the next harvest begins in September...
...weather caught the U.S. squarely in the middle. By May, 12.6 million acres in seven Midwestern and Southern states were inundated; 4,000,000 acres are still flooded. Some planned cotton crops were never planted. Anticipated corn yields in Illinois are down 10% from last year, and winter-wheat losses are high. Total flood damage is estimated at $409 million...