Word: croppings
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Dates: during 1970-1979
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...French are enraged by the massive flow into France of cheap Italian wine. Imports of Italian wine peaked at 50.2 million gal. in the first two months of 1975, compared to 76.5 million for the crop year of 1973-74. "Unfair competition!" cried Maffre-Baugé. "Italian wine production is a mess like everything else in that country. They can change white into red, add chemicals and call it wine." Last month the French government ordered a four-week boycott of Italian wine. Italy protested to the Common Market in Brussels, charging France with violating the principle of free circulation...
...Paarlberg, chief economist of the Department of Agriculture, figures that the bill would raise retail food costs this year by anywhere from $500 million to $1.2 billion. By the 1977-78 crop year, he estimates, extra payments to farmers under the new bill could cost the taxpayers as much as $7 billion...
...progress reports by the hour. The old Southeast Asia hands walked with a little more pride among their mementos, which have never been put away, including a stuffed mongoose and a fine selection of tribal folk art. Suddenly there was a resurgence of the collapsible aluminum pointer, that riding crop of bureaucratic status. All up and down the ranks, the pointers were extended with sharp clicks, the desk officers and colonels whacking the charts authoritatively as they explained the fluid fronts, slapping their trouser legs to drive home salient points...
...equally important job of MASDC is selling off surplus planes either to friendly foreign governments or on the open market at periodic public auctions. Business is brisk. Among the buyers are airplane dealers, corporate agents, crop-dusting outfits and aircraft-leasing operators. Foreign customers have included Honduras, Peru and the Republic of China. No bombers are sold no matter how friendly the foreign government, and thus far, Gronewald points out, there have been no sales to any Arab countries. "The Arabs buy new," he observes. Last year MASDC salvaged $206 million worth of spare parts; sold, donated (to federal...
Last week Pillsbury Co. cut wholesale prices on a broad range of biscuits and other products by 10%. In addition, farm-commodity prices have been dropping for months. Many experts, looking forward to a bumper crop this fall, expect the trend to continue. Since October, corn has slid from $4.03 to $2.84 per bu., wheat from $5.45 to $3.61 and sugar, which was trading at a horrific 64? per lb. in November, to 28? on commodity markets. Choice beef has been declining. But increasingly tight supplies will probably force it up by 10? or 12? per lb. at retail levels...