Word: higher
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...declined markedly between 1940 and 1970, while addiction to heroin increased and while divorce rates rose dramatically. But no one would argue that infant deaths were reduced by heroin or divorce. Clearly, infant mortality rates have dropped because of a host of factors such as improved health care, immunizations, higher standards of living...
...farm income is expected to hit $25 billion this year, almost 25% over 1977 and the third highest on record. But the purchasing power of those dollars is no higher than in 1969. Farmers who raise the grain and cattle curse inflation as vehemently as does the shopper grumbling about the price of bread and steak...
...result: instead of selling all their crops at harvest time, as they did for centuries (indeed, millenniums), farmers now spread sales all through the year. That forces them to face tricky questions: Will wheat or corn or soybean prices be higher next March than now, and if so will they be enough higher to justify storing 80% of the crop until then, or only 60% of it? To complicate matters further, a farmer can work out deals to sell part of his crop in October, say, but get the cash next January if that would be better for tax purposes...
...corn and other coarse grains (barley, oats, sorghum) than all the rest of the world combined. Pat Benedict and farmers like him are America's best hope to counter the trade challenge presented by the oilmen of Araby and the energetic manufacturers of Japan. U.S. food exports would be higher still were it not for a variety of barriers: outrageous quotas that keep Japanese consumers from buying as much U.S. beef and fruit as they would like, variable tariffs that hold the prices of American foodstuffs in the European Community above those of locally grown items, and the inability...
Over the years, Benedict has averaged a return of only 3.5% on the $3.5 million present value of his investment. Of course, since he bought much of the land and many of the machines when prices were lower, his return on original investment is substantially higher; nonetheless, in theory he could enjoy a larger income by selling out and putting the money in bank certificates of deposit paying around 9% interest. Such profits on even the most efficient farms are too meager to interest big corporations. The fears that the family farm would be taken over by "agribusiness" have proved...