Word: wheatly
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Dates: during 1950-1959
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...broaden trade within the Commonwealth. In Ottawa he announced a drastic Canadian proposal to carry out the Commonwealth trade speedup: a slash in imports from the U.S. of 15% ($625 million a year). Canada would make up the difference-"mainly capital goods"-from Britain instead. With Canada's wheat surplus ripening into his worst domestic worry, Diefenbaker also attacked U.S. wheat export "giveaways," which insist that importing countries guarantee "certain fixed market commitments for the future." He called the U.S. policy a "definite contravention" of the General Agreement on Tariffs and Trade (GATT...
...four huge letters plowed across one field near Marienthal (1950 pop. 250). The alarming message: HELP. The pilot quickly passed the word on the radio that someone was in trouble down there. Police found the distressed party. Farmer Joe Wing, who had just finished plowing under part of his wheat crop to meet U.S. acreage restrictions. "I was just hoping," he explained, "that Ezra Benson might see it if he happened to be flying over...
JAPAN'S FINANCIAL PINCH will be eased by $175 million loan from U.S. Export-Import Bank to be used to buy U.S. farm goods without draining low Japanese dollar supply. With the credit Japan will import U.S. cotton, wheat, barley and soybeans, for which it is No. 1 foreign customer...
From the plains of eastern Washington to western Nebraska's prairie, wheat farmers last week voted overwhelmingly (83.3% in early returns) for continuing federal quotas-and high price supports-on the nation's No. 3 grain crop. Prime incentive in the voting: a $1.78-per-bu. federal guarantee for wheat grown under the quota system (v. $1.19 if controls were dropped). Spat Farmer D. O. Yost of Emporia, Kans.: "It's just like offering a kid the choice of 50? or 75? allowance a week, and asking him which he'd rather have...
...BUMPER WHEAT CROP is due despite retirement of more than 12 million acres into soil bank, may total only 3% less than 1956, thus piling up bigger surpluses. Farmers retired poor land, are producing more on good land, while drought-breaking rains have already pushed winter wheat harvest 27% above ten-year average of 18.6 bushels per acre...