Word: croppings
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Dates: during 1940-1949
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...speculators scrambled to tie up most of the remainder of this year's crop (27,000,000 bu.) by buying rye futures (i.e., contracts) to deliver rye in December. Large chunks of refugee cash, looking for a profitable place to light, were also plunked down for rye futures. Wheat and corn speculators, balked by ceilings, crowded in on ceilingless rye. Rye prices started up. In a few months they rose some 30? a bu. Chicago's storage elevators became clogged with rye being held off the market for higher prices. Minneapolis' giant Cargill Grain...
They stated the grounds for their fears. To guarantee the nation's future security the Army plans a large standing army (TIME, Oct. 9, Nov. 20), supplemented by an annual crop of some half a million trainees and a reservoir of ex-trainees, but in the federal setup there was no visible place for the Guard; the President had indicated his doubts that the Guard could be used in the training program...
Farmers were told that the crop goal next year will be 364 million acres, four million acres more than farmers planted this year for the greatest harvest on record...
While pouring out the good news last week, Chairman Krug cagily kept his hand over the label, refused to admit that corn would be released to distillers for bourbon during January. But this year's corn crop is a record 3,258,000,000 bushels, some 61,000,000 bushels more than estimated a month ago, while corn-consuming hogs are down 25% from 1943. If War Food Administration's December announcement releases corn for bourbon, no one will be greatly surprised, few will be unhappy...
...revolution in cotton farming was forecast. But mechanical cotton culture ran into many snags, has proved much more evolutionary than revolutionary. Last week the movement passed a milestone. Near Clarksdale, Miss., where John Rust began a tryout of an improved picker, a pioneering plantation harvested the first commercial cotton crop ever produced, from planting to baling, entirely by machine...