Word: harvesters
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Inflation. The board optimistically projects that price rises will fall from the 10.8% annual rate of the past three months to about 8% at the end of the year. A bumper crop harvest will hold down food costs, and the continuing ample supply of oil improves the energy outlook. Said James McKie, a University of Texas energy expert: "I think the prospect is for level or somewhat declining prices for oil unless there is some major supply disruption." Otto Eckstein, chairman of Data Resources, a business consulting firm, estimated that oil prices, after being adjusted for inflation, will fall...
...gently rolling plains of southern Russia and the Ukraine, stunted stalks of wheat and corn lay flat on the rich black earth, blighted by drought and wind. In the lower Volga region, rain mercilessly pelted burgeoning grain; harvesting combines stood idle as farmers watched the crop sink into the mud. The forecast is bleak this summer in the kolkhozy (collective farms) and sovkhozy (state farms) of the Soviet grain belt, where capricious weather has caused a third consecutive bad harvest-with an anticipated shortfall of 51 million metric tons in Soviet grain production...
Southern Russia and the Ukraine have sweltered through the hottest summer on record: wheat and corn have withered on the stalk. In addition, the weather played a cruel trick on farmers. When the grain was maturing and needed rain, the skies were cloudless. But as harvest time approached and dry weather was needed to reap the crop, thundershowers drenched the land. Corn, which is used widely for livestock feed, was badly affected in the flowering stage last month when it most needed moisture. Moreover, the unusual heat accelerated the growth of soybeans and barley so that everything...
...Another not infrequent sight: grain combines mowing while collection trucks follow much too far behind. "The combines literally funnel the grain right back into the fields, missing the trucks completely," says one bemused Western specialist. Western estimates put waste at between 20% and 40% of the total harvest...
Shayne's ponds are dug on the coastal flatlands, shored by timbering and fed by a canal. The square pools produce 800 lbs. per acre at each harvest, and he gets three harvests a year, a far higher yield than most of his fellow shrimp farmers, who average fewer than two harvests of approximately 300 to 400 lbs. each. In a laboratory up the coast from Shayne's ponds, experts work on secret methods for getting shrimp to produce more eggs; in another plant machines compact food similar to cattle feed so that it stays in one piece...