Word: grains
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Dates: during 1970-1979
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...natural gas treatment plant. The subsidiary listed a cost of $400,000 paid to Rhasid Zeghar, a former senior military officer, for consulting services, which the SEC says consisted of meeting with ISC representatives for four days. In order to win a $5.2 million contract to build a grain storage facility in Nicaragua, other subsidiaries paid $415,538 to companies owned or controlled by Dictator Anastasio Somoza and his wife...
Though the flurry in futures cheers farmers and grain dealers, it is also yet another portent of price trouble for the inflation-battered consumer. At the very least it has clouded earlier Department of Agriculture forecasts that food prices would level off this year. Indeed, the rise of nearly 1% in those prices in May that was reported last week was substantially greater than the Administration had expected, since food supplies were so high...
...futures prices began early in June, when the DOA confirmed rumors that because of late planting and un usually dry, windy weather this spring, the 1979 Soviet grain crop could come in at between 170 million and 210 million metric tons; that would be far under the record 237 million metric tons harvested in 1978 and as much as 25% below the Kremlin's target for this year...
...happens, U.S. grain elevators are bulging with enormous stocks, particularly of corn; at last reckoning the corn supply stood at 82.1 million metric tons, which is 14% more than was on hand in 1978. In addition, the winter wheat crop, which is now being gathered in and commonly accounts for three-quarters of the nation's yearly wheat production, is estimated to be a hefty 1.43 billion bu., 8% more than was expected in May. Though beef will remain in short supply until ranchers finish rebuilding their still skimpy herds, pork production is at near record levels and poultry...
...some of them historical characters, others fictive-each invested with a complex, fascinating personality. Here is the reluctant scribe of rebellion, Owen Ruagh MacCarthy, a vagabond poet who scrounges a living by running an outlaw school, reciting his Gaelic verses in the houses of the rich and pursuing neutral grain spirits and colleens with unflagging energy. Here, in the cool rationality of Moore Hall, is MacCarthy's fellow Catholic and countryman George Moore, historian of the French Revolution and Cassandra of its Irish offspring, dreading that "the spirit of Rousseau is in the very air these days, like dandelion...