Word: harvester
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...Department now figures that the U.S., and the vast world market that its farmers help feed, will have to make do with an American corn crop of only 4.96 billion bu.-12% less than last year's harvest and a startling 26% below the record production predicted earlier (see chart). The soybean crop will be down even lower: it is now projected to be 16% below last year's record output of 1.6 billion bu. and 15% under earlier estimates. The wheat harvest, estimated at 1.84 billion bu., will still top last year's, but by only...
...handling it with the respectable glee and half (but only that) the mocking humor of a sort of cutup prince regent. He is talking to Stanley Kubrick about playing Napoleon, to Bernardo Bertolucci about being the Continental Op in a film of Dashiell Hammett's Red Harvest. Milos Forman is waiting for him to finish Fortune, so he can start playing McMurphy in an adaptation of Ken Kesey's One Flew Over the Cuckoo's Nest. At no time since the burnished '30s has Hollywood been so big-name conscious. "The system is geared toward overworking...
...high by this time. Now they're only ankle-to knee-high." Unless there is a break in the malicious weather this week, the corn crops could be devastated; soybean plantings will begin to burn up within weeks. Even if the rains come soon, this fall's harvest is now all but certain to drop well below amounts needed to restrain inflationary food prices. Says Jim Tippett, an official of the Illinois Farm Bureau: "We need hot, sticky weather now, with plenty of rain, the kind of weather that makes people suffer." Last week some rain fell...
...part because of the drought, Agriculture Department forecasts for the corn crop have been revised downward, from 6.7 billion bu. in May to 5.9 billion bu. two weeks ago. Since then, conditions have grown worse, and by last week the National Corn Growers Association was predicting that the corn harvest would drop "significantly below" 5.5 billion bu. v. 5.6 billion last year...
...feed his 80-head dairy herd. On the other hand, many large and middle-size farmers, who earned the bulk of the $32 billion in agricultural income last year, have enough financial protection to tide them over. Indeed, many big wheat farmers, who brought in their winter harvest before the drought struck, stand to make a bundle because they are holding back an unusually large proportion of their crop until prices are forced up still higher. Worst off are the cattle raisers, who overproduced in recent years in hopes of making plump profits, only to be thwarted by consumers...