Word: wheated
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...water and for nearly all its food and building materials. Red China, in turn, is considerably dependent on Hong Kong. Its sales to Hong Kong each year bring in the $500 million in hard currency that it needs to pay for its own imports of wheat from Australia and Canada. So far, the Red Chinese have been careful not to interfere with this golden flow; Hong Kong hoped last week that the riots were a reminder of its ties to Red China rather than a full-scale attack on the colony's independence from...
...said to have wrecked eight schools used by the Maoists as bases. The posters described clashes in Peking and Shanghai, claimed that fighting took place in Shantung in east China, in northwestern Sinkiang, the site of China's nuclear installations, in Inner Mongolia and in Honan, the largest wheat-growing province. Not surprisingly, the People's Daily last week warned that "anarchism" suddenly threatened to undo all the gains of the Cultural Revolution...
...grain markets. Reason: the best offer from the Common Market amounted to less grain than American farmers already sell to the Six. Still, the U.S. insisted that reluctant Europeans join in creating a massive food-aid program for underdeveloped countries, which would increase world demand for U.S. wheat. For its part, the Common Market demanded that the U.S. get rid of its 1922 law that bases tariffs on certain chemical imports, drugs and rubber footwear on the American selling price of those products. The result is extraordinarily high import duties-up to 172% in the case of yellow...
...with the annual increase in the birth rate. Last year, Brazil's population increased almost roughly by the equivalent of the total population of Uruguay (pop. 2.7 million). Yet Brazil's farm tools and techniques are so antiquated that the country actually produces less corn and wheat per acre than it did 30 years ago. Moreover, one-fourth of what it does produce spoils before it reaches market because of poor transportation and storage facilities. One of the few crops that Brazil produces in abundance-coffee-is too abundant; saddled with $220 million a year in coffee supports...
...Life. All in all, there does not seem to be much cause for gagging. Rhodesian farmers are rapidly diversifying their crops so that the country will no longer need to import such staples as wheat and soy beans. Despite the worldwide oil embargo, Rhodesia gets all the oil it needs from its good friend-and embargo breaker-South Africa. It also keeps its export market alive through agents in South Africa, in the Portuguese colonies of Angola and Mozambique and in the black African nation of Malawi (see following story). The Rhodesian pound may have been declared worthless on world...