Word: crop
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Dates: during 1940-1949
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Even California was nipped. A heavy frost destroyed the coastal squash crop. In the back-country hills of Southern California, temperatures fell low enough to put icicles on avocado and citrus groves. Citrus crops were even harder hit by a continuing drought, now so severe that some communities were rationing water...
President Truman, whose plea for new restrictions on distilling had been turned down by Congress, appealed directly to the liquor industry to limit itself. But the distillers weren't impressed. They knew that preliminary estimates on the 1948 wheat crop were so favorable that last week the grain market had a severe slump (see Col. 3). They could quote Secretary of Agriculture Clinton P. Anderson's own optimistic testimony (on the European Recovery Program) that grain supplies were ample. They could point to foreign distilleries using grain for whiskey (for export to the U.S. for dollars...
...bushel, cash wheat was 24? below its high mark of last November. What had brought on the break? Government buying had slackened; the Government had almost all it needed for export under present goals. The winter wheat crop looked good, as deep snows had given it both protection and adequate moisture. And livestock feeders had begun to balk at paying $3 and up for corn, so more grain was going to market and less into hogs & cattle...
...grain experts, the department reported last week that the U.S. had a record 795 million bushels of wheat on hand as of January 1. Thus, said the department, it was "a dead cinch" that the U.S. could meet its goal of exporting at least 450 million bushels during the crop year ending July 1. With 260 million bushels already shipped, the U.S. had only 190 million bushels...
This would still leave the U.S. with plenty of wheat for its own needs: about 255 million bushels for processed foods, 23 million for seed, up to 177 million for livestock feed, and 150 million for the precautionary carry-over into the next crop year. Secretary of Agriculture Anderson hoped to cut livestock consumption enough to boost exports even higher-possibly to 500 million bushels...