Word: soybeans
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...dollar paper and pulp industry. In the woodlands of Upper Michigan, cut timber piled high at rail sidings, and lumberjacks knew that layoffs were in the wind. Towering grain elevators were idled in Nebraska, Minnesota and Wisconsin because farmers could not move their crops. Cargill Inc. shut its big soybean processing plant in Chicago, and the manager of its Omaha terminal, Ace R. Cory, muttered, "We're just plain out of business...
...chain, and as polyunsaturated if they are absent at two or more points. Most saturated fats are solid at room temperature, and come from meat or milk. The polyunsaturated fats, notably linoleic acid, are found mainly in fish, marine mammals, and such plant extracts as safflower, sunflower, cottonseed, soybean, corn and peanut oils. Only ten years ago, safflower oil was made mostly from imported seed for use in dyes. Today, hundreds of thousands of acres in California, Arizona and Utah grow the thistlelike plant...
Secretary Freeman snorted that such corny humor titillates only the many who are ignorant about the Government's farm program, but he quickly demonstrated that he was not above taking part in similar stunts himself. Five Illinois corn and soybean farmers got so mad reading about Farmer Smith's Cadillac that they jumped into a 1959 Chevrolet, drove all night and arrived in Washington the next afternoon to complain that Smith was not really a farmer at all, and was "creating a bad impression on city folks." The travelers were a motley band two were Republicans, three were...
Fred Kleiboeker's corn-and-soybean farm, 6½ miles northwest of Centralia, looks much like the rest of the crop land in Illinois' flat, picture-book farm belt. But it is now acreage with a difference. Last week, after analysis of the 1960 census results, Commerce Secretary Luther Hodges announced that a point on Kleiboeker's farm has become the population center* of the'U.S.-defined by Hodges as the spot at which the nation's 179 million people can convene with the minimum travel mileage...
...SOARING SOYBEAN FUTURES met the experts' expectations (TIME, Jan. 27), hit a five-year high of $3.17 on July beans, the most actively traded contract on Chicago's Board of Trade. The bean jumped 9Q? in three months on reports of world shortages. After the high, prices fell because processors and exporters quit buying. But traders feel the rise is not ended...