Word: grained
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Says C. Robert Saathoff, a grain expert with the Wall Street investment firm Bache and Co.: "Whenever you have many suppliers, an embargo is usually effective only in the first six months to a year at most...
Before the January embargo, Moscow had planned to import some 25 million tons of grain from the U.S. during 1980, as well as about 12 million tons more from other nations. The Carter Administration stopped the export of approximately 17 million tons, but the Soviets have been able to make up for most of that on world markets. The Soviet Union has been obtaining large amounts of wheat and corn from Argentina, which refused to support the U.S. boycott. Usually the Soviets are forced to pay higher prices to these suppliers than they paid...
...Supports grain embargo against Soviet Union...
...Declared grain embargo against Soviet Union...
...Will call off Soviet grain embargo...