Word: cropped
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Dates: during 1960-1969
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Wheat Board, said the Russians were paying the top-grade price of $1.93 a bu., or almost $450 million. Coupled with other sales to Red China, Czechoslovakia and Bulgaria, the new deal guarantees a market for Canada's entire 1965 wheat crop (estimated at 800 million bu.), will boost wheat export earnings to a record $1.2 billion this year and cut deeply into Canada's $453-mil-lion balance-of-payments deficit. In return, Sharp promised Russian Trade Delegate Nikolai Ossipov that Canada would increase its purchases from Russia, now a mere $3,000,000 yearly...
...Year Plan was meant to make the nation self-sufficient agriculturally, but without a firm program of family planning, it fell sadly short of the mark. Shastri, too, has failed to face up to the Malthusian menace of India's birth rate. Every year the country's crop of new babies exceeds the population of New York City. When pressed about birth control, Shastri smiles: "I hesitate to give advice on this matter because I already have six children." Shastri's female Health Minister, Dr. Shushila Nayar, is little help: she has spent only a third...
Coffee prices have risen a bit in the past few months, but with a record crop forecast for next season, traders predict that the recovery will be short-lived. Though it can ill afford the expense, the Brazilian government expects to buy up half of this year's crop in an effort to prop prices. Colombia, dependent on coffee for 70% of its exports, has resorted to bartering for goods that it lacks the dollars...
Among the bank's most important customers are Thai farmers, whose rice and corn bring in 42% of Thailand's export income and account for much of its 6% economic growth rate. In the first program of its kind, the bank makes crop loans at 12% to 15% interest-compared to the 180% some village moneylenders charge-and has written 9,000 loans averaging $150 each, with practically no defaults...
...further help the peasantry, the bank has recently put forward a much-debated plan for revamping the Thai economy. It not only calls for crop-support programs, but also urges repeal of the 25% export tax on rice, by which the government gets 8% of its revenues. Farm taxes would be replaced by excises on tobacco and urban property, helping distribute the nation's tax load and its income more equitably, aiding Thailand's industries by giving farmers more power to purchase manufactured goods. The government publicly opposes the idea, but some officials privately favor...