Word: farm
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Dates: during 1970-1979
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...festival, of course, is also a feast, as in food. Says the slow-talking voice over the loudspeaker at the Ninth Annual Antique Powerland Farm Fair in Brooks, Ore. (pop. 400): "Those of you with a rumble in your belly come have some barbecued chicken and corn on the cob." Many of the 2,000 or so who were gawking at the steam-engined tractors and thrashers did just that. Gilroy, Calif., which claims the title of the Garlic Capital of the World, held its First Annual Garlic Festival last week, and Lloyd Harris explained: "There's something about...
...Government of National Reconstruction ordered peasants who had occupied plantations owned by wealthy farmers to move on. The junta instructed them to join the peasant-owned agricultural collectives that will soon be established on the more than 1 million acres, roughly two-thirds of the country's best farm land, that have been expropriated from Somoza...
Right after the London meeting, Agriculture Secretary Bob Bergland unwrapped a package of measures intended to bring cheer-and perhaps as much as $1.8 billion in increased income during election year 1980-to the nation's farm lands. Over the next 14 months, the U.S. will sell the Soviets 10 million metric tons of wheat and another 10 million metric tons of corn; the wheat alone is enough to provide every Soviet man, woman and child with almost 100 1-lb. loaves...
...same time, Bergland warned that under the 1977 farm law the federal support price will drop by 330, to $3.07 per bu., next year. That decrease will be more than offset by market forces. Because of the Soviet purchases, U.S. farmers stand to sell more grain than ever at prices somewhat higher than the present $4.22 per bu. for wheat and $2.77 for corn...
Even such a fractional rise will irritate inflation-squeezed Americans. Nonetheless, higher exports of U.S. farm products are the best hope for reducing the nation's trade deficit, which is caused largely by oil imports. Since America's appetite for foreign oil will remain intense, it is necessary to sell more food abroad even if that means slightly higher supermarket bills at home...