Word: harvesting
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This year's autumn corn harvest is down 16% from 1979's large crop, and the lower yield has already pushed prices above the $3-per-bu. level, vs. $2.45 for the same period last year. Ranchers, also suffering from the drought and fearing a hike in the price of their prime feedstuff, sent more of their cattle to slaughter earlier in the summer in order to save on feeding them. Initially, this depressed beef prices, but the long-term effect will be to deplete the herds, reduce supply and make meat more expensive later. The production...
...little romance on location is a Hollywood tradition, but some of the actors filming Savage Harvest in Brazil just cannot keep their paws to themselves. The film, described by its star Michelle Phillips, 36, as "a jungle version of Jaws" features 18 lions, two black leopards, three hyenas and two spotted leopards as its supporting cats. To keep the kitties "playful," says Co-Producer Ralph Heifer, "they are not allowed to indulge in sex. What you see on the screen appears to be a lion attacking a person, but in reality it's just a big cat getting chummy...
...cost of food this year. The important 1.85 billion bu. winter-wheat crop had already matured before the weather turned bad. In addition, the U.S. holds such huge agricultural reserves, like the 1.7 billion bu. of corn and 901 million bu. of wheat from past good harvests, that there is at present no danger of shortages. The recent years of harvest feasts will permit U.S. agriculture as a whole to survive a relatively short period of drought and heat...
...While food production is expected to rise 90% over 1970 levels in the next 20 years, assuming no deterioration in climate, most of this harvest of plenty will go to countries that are already well fed. That will mean calamitous scarcity in the Third World, which will slip farther behind the industrialized countries in per capita gross national product as well ($587 vs. $8,485 in 2000 compared with $382 vs. $4,325 in 1975, as measured in 1975 dollars). The number of malnourished will rise from an estimated half-billion people in the mid-1970s to 1.3 billion...
...policies." Following a bumper crop of corn in 1978, the Kenya government overconfidently slashed prices paid to farmers by nearly 30% and sold more than 200,000 tons of grain on the export market. It also agreed to supply 8,000 tons of emergency food to Uganda, where the harvest had been destroyed during the chaos of Tanzania's war against Idi Amin. When last year's cereal crop fell short by 400,000 tons, largely because farmers stopped planting, the country cut off the shipments to Uganda after supplying only 80 tons, and was forced...