Word: grains
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Dates: during 1970-1979
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...nightfall, children and adults alike spread blankets out on the platform to sleep. Change Sampat Lokhande, a farm laborer, tells a familiar story: "The fields in my village had no water. I had to leave. How do I get food? Some of us beg. Some stay in front of grain shops and wait for the grain to spill. Then they scoop it up and hurry back here...
...current activity on the Chicago Board of Trade, the world's largest commodity exchange, is a reliable indicator of future food prices, housewives might have to spend more at the grocery store next year for such basic items as bread, flour and meat. Grain dealers and agribusiness giants such as Ralston Purina and Quaker Oats sell and buy future contracts on the exchange-and each transaction really amounts to a bet on what commodities will actually sell for in one to nine months. Since November, the 124-year-old exchange's volume record and many of its price...
Traders on La Salle Street expect a shortage of many crops, and with good reason: demand for U.S. grains is increasing faster than farmers can harvest their fields. In July the U.S. made a billion-dollar deal to supply Russia with wheat and other crops. Then China bought wheat from the U.S.; now India needs wheat to avert a potential famine. The U.S. Department of Agriculture anticipated bumper crops this year-but then the rains came. Since September, the beginning of the Midwest's harvest season, unprecedentedly heavy rains and freezing temperatures have repeatedly mired farmers' machinery...
...mention beauty, longevity and even sexual potency, depend on the proper foods, they spurn most pre-packaged products. Instead they insist upon vegetables grown in soil that has been enriched with manure rather than chemical fertilizers, meat from animals raised without growth-stimulating hormones, bread from which no grain particles have been removed...
Amid all the grain deals, gas deals and technology sales shaping up between the U.S. and the Soviet Union, two gaps have existed in trade relations: the Soviets have not bought any widely distributed U.S. consumer goods, nor has any American product been manufactured in Russia. Last week both gaps were filled-and of all the products the Soviets could have chosen, they decided to ask for "Pepsi, please." Soyuzplodoimport, a Soviet foreign trade corporation, and PepsiCo Chairman Donald M. Kendall reached an agreement giving Pepsi exclusive rights to market cola beverages to be bottled in Russia...