Word: demanding
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Dates: during 1950-1959
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...farm-machinery industry, which started earlier on its recession and now seems to be coming out of it. With an end to the Midwest drought, and higher farm prices (see Agriculture), farmers were buying so much farm machinery that some companies are hard-pressed to keep up with demand. Massey-Ferguson. Ltd. sold more new combines and tractors between Nov. 1 and March 1 than at any other time in the past five years. Allis-Chalmers Mfg. Co. is well ahead of 1957, while J. I. Case Co. has the biggest backlog in its history, recorded sales of $21.4 million...
Prices were up not only because of the big consumer demand but because livestock producers were sending fewer cattle to market. Shipments of beef cattle to the nation's dozen major stockyards last week ran 13% below last year. Output was low because the long drought in the Southwest had helped cut cattle population by almost 3,000,000 head since January...
...least. In Kansas City cattle brokers last week were ordering calves for fall delivery and fattening for as much as 33? per lb. v. 25? last fall. Cattlemen eventually will have bigger and beefier herds to sell, and prices will then start to soften. But the price-pushing demand for beef will probably continue to outpace supply for a long while. The Agriculture Department figures that beef production will not rise much until the 19605. Reason: it takes about three years before the gleam in the bull's eye is turned into steak on the table...
NICKEL SURPLUS is building up for first time since Korean war. With its stockpile filled and free world capacity running well ahead of demand, Government will try to renegotiate 45 contracts that commit it to buy heavily of Canadian and U.S. nickel through the mid-1960s at prices up to $1.14 per lb., v. current market price...
...real drop of the middle-priced car has been brought about by Detroit itself. Until the 19403, the low-priced three-Ford, Chevrolet and Plymouth -manufactured cheap, compact cars meant chiefly for transportation. As demand grew for wider and longer cars with more room and comfort, Detroit changed the once small cars into big ones. From 1938 to date, Chevrolet has grown two feet overall; Ford has grown four feet since 1928. Both are now bigger than the Pontiac, Packard or Oldsmobile of ten years...