Word: soybeanization
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...contribution toward meeting U.S. food demand to grow faster than the rest of the nation's. Cotton has declined in importance as a cash crop, but the slack has been taken up by other products: citrus fruit in Florida, sugar cane and rice in Louisiana. Southern soybean harvests are expected to account for 30% of the U.S. production in 1985, up from 27% in 1970. By 1985, Southern livestock farms will be producing nearly a third of all U.S beef cattle...
Suddenly, less than 200 ft. off the ground, one of the Beechcraft's engines apparently went dead. The plane banked sharply to the left, then plunged to earth. It tore through a barbed-wire fence, crashed in a soybean field and burst into flames that shot 30 ft. high. Amid the ashes and wreckage, sheriffs deputies found the bodies of Litton, 39, his wife Sharon, 36, and their two children. With them were their longtime friend and pilot Paul Rupp Jr. and his 18-year-old son. It was a ghastly finale to what had been...
...somewhat overstated since they are expressed in sterling and the pound has been sinking sharply in value. Even so, they are worrisome. Some examples: the sterling price of copper wire bars has jumped 83% above its 1975 low, zinc 44%, nickel 61%, tin 53%, cocoa 161%. In the U.S., soybean futures prices rose 13 cents, to $7.20 a bushel, last week on the strength of rumors of possible large sales to the Soviet Union and China. A recent Common Market economic report notes that the rise in spot commodity prices makes it unlikely that Europe's inflation rates will...
What could upset the relatively pleasing picture? A weather disaster affecting this year's corn, wheat or soybean crops could do it, but the impact would not be noticeable on market shelves until 1977. Although many farmers from Iowa to Texas are worried about a drought, and there has been some damage to the winter wheat crop, grain prices have so far been only slightly affected. The outlook is for continued calm, with the main beneficiaries-in this election year-being the millions of middle-and lower-income families that spend more of their available cash on food than...
Later the couple flew to Chicago, where the Emperor raised a toast to Mayor Richard J. Daley (for his "remarkable achievements" in government) and, on a side trip, inspected a 2,500-acre corn and soybean farm near Joliet...