Word: grained
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...privately admit: the new Administration's means and goals for managing the relationship are still taking shape and, in some cases, are still under debate. As a foreign ministry official points out, "Even the one initiative in recent months that we have welcomed here-the lifting of the grain embargo-was motivated solely by domestic political considerations. It was potentially important for your relations with us, yet the decision was made in a foreign policy vacuum. We're waiting to see how that vacuum is finally filled...
...grain deal with the Soviets may benefit both sides...
When Ronald Reagan in April lifted the partial grain embargo against the Soviet Union that had been imposed by Jimmy Carter 16 months earlier, it was clear that the U.S. was willing to sell its harvest surplus. Not so certain was whether Moscow was willing to buy, and, if so, how much. After a day and a half of bargaining in London last week, American and Soviet trade officials announced that the U.S.S.R. will be allowed to purchase 3 million metric tons of wheat and 3 million metric tons of corn above the 8 million tons it is allowed...
...frank." The Soviets carefully refrained from castigating the U.S. as an unreliable trading partner for imposing the embargo, although as one U.S. official put it, "I am sure they are thinking it." The Soviets, however, gave no indication of just how much of the 6 million additional tons of grain they might buy before Sept. 30. Moscow has satisfied nearly all its grain import needs for this year by relying on Argentina, Canada and Australia. The Soviets are looking forward to a better than average domestic crop in 1981 after two poor harvests in a row. The U.S. Department...
...impact on the market, and it will bring in buyers from other nations more aggressively.'' The only cloud on the horizon is the nagging poor weather-either too much or too little rain-that continues to plague patches of the Midwest and may affect the price of grain over the next few months. Observes Conrad Leslie, a Chicago commodities analyst: "The Soviets are going to be watching the weather in Des Moines and Springfield as well as in Moscow over the next few months. It depends on the weather...