Word: grained
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...promised a "Burmese Way to Socialism" -- a strange mix of Buddhism, socialism and isolationism -- but instead allowed a potentially robust economy to drift on a joyless ride down a Burmese road to ruin. Once Asia's premier rice exporter and a country rich in oil, grain, gems and timber, Burma slipped into abject impoverishment, thanks to haphazard central planning, mismanagement and an unbending policy of self-sufficiency. While resources were devoted to a four-decade struggle with tribal guerrilla armies around the country, annual per capita income sank from $670 in 1960 to $190 in 1987, according to the World...
Such a discouraging report might have caused grain futures to surge at the Chicago Board of Trade, but traders expected the worst and took the news in stride. Prices for corn and soybeans actually fell slightly the day after the report was released. Still, prices were far higher than before the drought got bad. Soybeans sold for $8.50 per bu., up from $6.92 in May, and corn was $2.87 per bu., compared with $2.02 three months...
...Persistent drought has laid waste to America's agricultural midsection. Damaged grain harvests in the U.S., Canada and China will result in the sharpest ever one-year drop in world grain stocks, Worldwatch Institute reported last week...
...smoking, diet is the "one personal choice" that more than any other influences long-term health prospects. The Surgeon General's Report urges the public to cut back on saturated fats and cholesterol, mainly from meat and dairy products, and concentrate on fish, skinned poultry, fruits, vegetables and whole grain products. Fat, which increases the risk for obesity, heart disease and cancer, now accounts for 37% of the calories in the American diet, well above the 30% recommended by many health experts...
...impact will soon be felt at the supermarket, but it may not be too severe. The USDA estimates that retail food prices will rise no more than 5% this year. One reason: much of this year's grain shortfall will be made up from stocks set aside during past bountiful harvests...