Word: grained
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What Udall mistook for weakness in the farmers' handshakes was only fatigue from writer's cramp. This is a seasonal complaint we get after filling in tax forms, feed-grain sign ups, and applications for marketing quotas...
...Department of Agriculture levied penalties of $554,162.71 against Estes for growing cotton on federal acreage allotments that had allegedly been obtained illegally. Since Estes is in receivership, the department plans to collect the penalties by deducting them from storage costs of Government grain still in Estes elevators. Agriculture Secretary Orville Freeman denied that Estes received any favors (Agriculture had been accused of giving Estes a break by asking a 2?-per-bu. bond-the lowest possible rate required of grain-storage operators). Said Freeman: "The Government hasn't lost a dime . . . Estes hasn't got a cent...
...Texas Attorney General Will Wilson prepared to file an antitrust suit against Estes, alleging that Billie Sol used capital gained from the grain-storage program to help him corner the liquid-fertilizer market in West Texas. Ledger accounts obtained by Wilson indicated that Estes had withdrawn $40,000 in cash from his bank account before flying to Washington in January. Even more mysterious was an Estes ledger entry showing $235,000 paid out for a "Washington project...
...week's end the House Government Operations subcommittee was preparing to start an investigation concentrating on grain-storage activities. And the Senate investigations subcommittee was gathering material for open hearings on the whole Billie Sol Estes mess...
Canada this year may even face a grain shortage. Its requirements for exports and home consumption are projected at a record 1.1 billion bu. of wheat, oats and barley, well over the decade's average annual production of 994 million bu. Farmers will probably increase planted acreage by 5% to 10%. But last year grain production was almost halved by the worst drought since the dust-bowl '30s and by a savage invasion of grasshoppers. Already this season, subsoil moisture is at "critically low levels," and as May planting begins, all depends on the arrival of what...