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...free U.S. market by negotiating with private grain exporters: the Soviets had no obligation to say how much they wanted to buy, and Washington, though informed of the deals, might or might not choose to impose any limits. Soviet demands have bounded erratically from as little as 1.8 million metric tons last year to 10.2 million tons so far this year. The Soviets would like to buy still another 11 million metric tons because of poor harvests in Russian wheatfields. The resulting shock waves have been felt throughout the U.S. economy and have contributed materially and psychologically to inflation...

Author: /time Magazine | Title: TRADE: Avoiding a Grain Drain | 9/22/1975 | See Source »

...inflationary surprises may be on the way, though. Most worrisome are the possible price implications of renewed Soviet hunger for U.S. crops. Big purchases of corn, wheat and barley an nounced last week brought the total amount of U.S. grain the Soviets have contracted to buy to 9.8 million metric tons. That is still within the 10 million tons that Agriculture Secretary Earl Butz figures the U.S. can sell with only a minimal impact on domestic prices. But continuing drought in the U.S.S.R. is raising worries that the Soviets might later seek to buy huge additional quantities; at midweek...

Author: /time Magazine | Title: OUTLOOK: Pitfalls on the Road Back to Prosperity | 8/4/1975 | See Source »

Prodded by drought that has dashed hopes for a bumper Soviet wheat crop, Russian buyers last week returned, as expected, to the U.S. market. They signed contracts to buy 117 million bu., or 3.2 million metric tons, of winter wheat from Cook Industries of Memphis and Cargill Inc. of Minneapolis; at present prices, the deal amounts to about $470 million. That is hardly enough to push American prices up very much, but a big question remains: How much more does the U.S.S.R. plan...

Author: /time Magazine | Title: FOOD: The Russians Return | 7/28/1975 | See Source »

...National Weather Service has developed plans to convert weather forecasting to metric units (wind velocities in k.p.h., temperatures in Celsius, etc.) when the SI bill becomes law. Boston Weathercaster Don Kent already gives temperatures in both systems. One day last week, for example, he reported that the "temperature in Boston is 21° Celsius or 70° Fahrenheit...

Author: /time Magazine | Title: Modern Living: Think Metric | 6/9/1975 | See Source »

...More than half of U.S. canned goods are already labeled in both metric and customary units...

Author: /time Magazine | Title: Modern Living: Think Metric | 6/9/1975 | See Source »

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