Word: grained
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Recessions almost always drive down inflation because prices cannot be raised rapidly when production and sales are falling. As business activity winds down, stockpiles of unsold commodities and goods begin to swell, choking the stream of commerce with bulging inventories of everything from aluminum and grain to cars and unsold homes. To raise cash, businessmen begin dumping their inventories at bargain-basement rates, dragging down prices even further...
Japan now exports U.S. grain...
American automobile and consumer electronics companies have taken their lumps from Japanese competitors in recent years, and now it may be the turn of U.S. grain exporters. Since 1978 such gigantic Japanese trading houses as Mitsui & Co. (1981 sales: $70.8 billion), and Mitsubishi Corp. (1981 sales: $70.3 billion), have quietly bought some two dozen U.S. grain elevators to store crops for export, and now handle an estimated 10% of all American grain sales abroad...
...Japanese have grabbed this business away from traditional exporters like Cargill Inc. and Continental Grain Co. by using the high-volume, low-profit tactics that have made Japanese companies feared and formidable competitors in markets everywhere. Mitsui and Mitsubishi deny that they go further and deliberately incur losses, but U.S. traders insist that the companies in some cases do just that to expand their share of the market for American grain...
...them, the worker, has brought his daughter (Marta Zoffoli), a child of about eight, with him. She will share a bedroom with the old man, hear his explanation of why a countryman needs no alarm clock, play sensuously in the grain stored in the barn and, while her father and uncles are at the funeral, find a symbolic egg and present it to her grandfather. She alone among the visitors will cry for the dead woman and elicit answering tears from her grandfather. Thus do the innocence of childhood and the simplifying wisdom of age find common ground, and strike...