Word: soy
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Next day the market was thrown out of gear with a resounding crash. A flood of selling started when the market opened. By the close, corn and soy beans were down 8?, their daily legal limit; wheat fell 6 to 8¾?. Even wholesale meat prices slipped, along with livestock prices. One thing that had finally frightened the speculator into panicky selling was a decision by the Federal Government to cut purchases of grains for November export by some 50 million bu., 42% below the July-October level. And traders who had expected frost to nip the short corn crop...
...small towns, bringing death and destruction. Wild ducks, flying north, alighted on small lakes of rain water in the bottomland pastures. In Ohio, the cherry trees refused to bloom. In Illinois, some farmers gave up hope of putting in oats and decided to plant the acreage to corn or soy beans. Even light tractors bogged down in the squishy Missouri soil; one disgusted farmer near Independence sowed a 250-acre area in clover from an airplane. In the Dakotas, the Red River was flooding, and the seeding of spring wheat was only half done...
...they reduced the telephone exchange (servicing 4,000 lines) to a pile of splintered glass and twisted wire. In the city's outskirts, they did a first-class wrecker job on a power plant. Besides crippling communications, the Reds wrecked 52 Kalgan factories (including flour, match, soap, and soy-bean sauce), depriving families of 3,000 workers of their livelihood...
...price boosts, all passed on to the consumer, covered products outside the scope of President Truman's decontrol board, which must decide by tomorrow night whether controls are to be restored on meat, grain and dairy products, soy beans and cottonseed...
...farming do not end in the maternity ward in April. At first sows and piglets have to be hand-fed with ground feed (chop) prepared according to a dietary formula as carefully worked out as a human baby's. At present, when the protein ingredients (chiefly soy and linseed meal) are often practically impossible to get, pig-feeding is not only an endless labor but a perpetual headache...