Word: grains
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Dates: during 1970-1979
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...size of the first sale is hardly reminiscent of 1972, when skillful Soviet buyers, working in deep secrecy, managed to acquire 19 million tons of grain at a bargain price that was officially subsidized by the U.S. Government. Largely as a result, wheat prices shot from less than $2 to more than $6 per bu., and in the following months other domestic food prices soared. Memories of that disaster caused 33 members of Congress last week to sign a letter calling on the U.S. Government to take over negotiation of all grain sales to the U.S.S.R. But the Soviets have...
...wheat crop this year is forecast at a record 2.2 billion bu., leaving ample supplies for export sales without serious impact on home prices. Agriculture Secretary Earl Butz predicts that sales of grain to the Soviet Union will have only a minimum effect on American prices even if they reach 10 million tons, which he believes they will. One possible effect: meat prices will be kept from falling, because a general tightening of grain markets will hold feed costs high...
...three months ended in May. During the past two weeks, though, a freshet of price increases, actual or contemplated, on aluminum, autos, gasoline and sugar, has aroused some worry about whether the progress can be sustained. Then, rumors of a new Soviet purchase of U.S. grain revived memories of the massive-and inflationary-1972 Russian deal and temporarily caused futures prices of some grains to jump. At week's end it was revealed that discussions are indeed under way. President Ford insisted that the Administration is alert to the dangers of too big a sale overseas but also said...
...there was no money in the budget for repairs. Refuse and dirt started to pile high, trucks carrying groaning loads of wheat to the elevators added to the mess, and so much sand from a water main project drifted around Main Street that Cheney began to resemble a grain belt Sahara...
...make an extraordinary man of Willy Loman goes against the grain of the text, but George C. Scott has done just that and achieved a performance of staggering impact...