Word: unsold
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...supporting farm prices and by making direct subsidy payments. For many crops, it has established loan rates, like $2.40 for a bushel of wheat in 1986. These rates put a floor under prices. Farmers can then borrow from the Government at the rate set for their crops, offering their unsold harvest as collateral. If the farmers manage to sell their crops on the market at a price higher than the loan rate, they can repay the loan and keep the difference. But if the growers are offered only a price lower than the loan rate, they can forfeit the crop...
...many other analysts doubt that OPEC's plan will work. Even if members abide by the agreement, they are fighting a formidable oil glut. Some 200 million unsold barrels of oil linger on the market today, and the inventory has been building at the rate of 2 million bbl. a day. Despite the cutbacks, some experts argue, there would still be a surplus that would depress prices...
...week that it was cutting wholesale prices on several of its personal computers, including its top-of-the-line PC-AT, as much as 18%. At the same time, sources within Big Blue's network of 2,500 dealers said that the company will now allow them to return unsold inventory without penalty, and that it will shoulder a larger share of their advertising and promotional costs...
Wolper insists that "not one cent" of the statue's restoration funds is paying for Liberty Weekend. "All of the costs are being covered by the sale of television rights and tickets," he says. But many of the tickets for the opening and closing ceremonies are unsold. Of the total of 58,000 tickets, 9,000 remain, most of them in the $100 and $200 category. ABC, however, is not worried; the network bought the broadcast rights for $10 million, and has already sold $30 million worth of commercials...
...economy is far from ailing, but it may not be as robust as it seems. The Department of Commerce reported last week that the gross national product expanded at a 3.7% annual rate during the first quarter. The strong showing, though, was partly caused by an increase in unsold business inventories. This inventory buildup, the result of sluggish consumer demand, could be a sign of an underlying economic weakness...