Word: wheatly
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Dates: during 1950-1959
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...outlined by Agriculture Secretary Ezra Taft Benson, the agreement calls for India to pay about $200 million for 130 million bu. of U.S. wheat (more than 15% of the U.S. surplus), $70 million for 500,000 bales of cotton, $26.4 million for 440 million Ibs. of rice (more than 20% of the total U.S. Government rice stocks), $6,000,000 for 6,000,000 Ibs. of tobacco and $3,500,000 for dairy products...
...putting up $10 million for Egypt's use against an equivalent sum in Egyptian pounds, and Nasser and his Finance Minister talked long with Russian Ambassador Kiselev about more help from the Soviet bloc. The No. i problem: paying for the 600,000 tons of wheat Egypt must import in the next nine months. Buying it as usual on the world market would use up $47 million, or half of all Egypt's unblocked dollar assets. Last week, for a starter, the government arranged to buy 100,000 tons of Syrian wheat with Egyptian pounds...
...last week, farm prices were 10% above January levels and the parity ratio had climbed to 85%. Wheat, corn, oats, rye and other commodity futures were rising. Department of Agriculture economists revised an earlier forecast, predicted that net farm income in 1956 will be higher than last year...
...major crop that will be bigger (by 2,200.000 bu.) this year than last is wheat, but the wheat farmer also can look forward to higher prices. The Department of Agriculture has announced that, effective Sept. 4, it will stop cut-rate sales of wheat from Government stocks and thus force exporters to buy on the open market. This could boost market prices to nearly 100% of parity...
...would rather debate issues on an intellectual plane." Replied Thornton in a letter to Brannan: "I will have no more to say to a preliminary fighter until he has proved himself." That same day the Denver Post took editorial notice of the uproar. To the cow-milkin', wheat-shockin', cotton-pickin' and calf-ropin' contests, noted the Post, one more competition should be added: "Bull-throwin...