Word: wheated
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Moreover, Nixon made a bid to gain vast new authority over the nation's exports. He asked Congress to let him regulate the overseas shipment of all "articles, commodities or products." He could then personally limit overseas sales of wheat and other grains, the rising demand for which Nixon blames for high food prices at home. The nation would honor prior commitments. But, said Nixon with some jingoism: "When we have shortages and sharply rising prices of food at home, I have made this basic decision: in allocating the products of America's farms between markets abroad...
...report estimates that corn production will hit 6 billion bushels, up 10% from last year, soybean crops will yield 1.55 billion bushels, up 20%, and wheat will come in at 1.7 billion bushels...
...case of soybeans and wheat, the Administration's hopes seem well founded. Realistically assuming soybean plantings of 54 million acres, a modest yield of 27.3 bu. an acre would produce a bounteous crop; good weather could raise this yield to 30 or more bushels and cut the price of beans by as much as 50%. Wheat is headed for a bumper crop of up to 300 million bushels more than last year. There is a good chance that wheat prices will dip this year-unless the Russians come into the market again and bid prices up. Other produce, including...
...Everything that could be flooded has been flooded." Perhaps 15% to 20% of the region's cotton crop will have to be written off, along with a large portion of the soybean harvest. An Illinois agricultural official said flood water had devastated 45,000 acres of the winter wheat crop...
...trying to obtain some specific political or diplomatic object, but I have a feeling that just my going there will bear some fruit. After all, President Nixon achieved a detente with Peking; and then he visited Moscow, and now the U.S. is selling the Russians 18 million tons of wheat. But before going there I will visit the U.S. President Nixon went to Peking without telling anybody, but I will not do that kind of thing...