Word: wheats
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...people employed by farm suppliers and food processors. Four years ago, farmers gave Richard Nixon 71% of their votes. But farmers usually vote for the incumbent party only when farm prices are high. Lately, prices have been running below 1975 levels as buyers anticipate bumper harvests of corn and wheat and lower demand from abroad for U.S. grain because of good harvests in the Soviet Union and India. Last week, September wheat contracts closed in Chicago at $3.19 a bushel, down from $4.13 a year...
...Carter-dominated, they found controlled by "left-of-center labor leaders," with Carter "the junior partner." To Evans/Novak, the choice of Mondale "could prove a costly miscalculation" (coulds and mights pepper this kind of writing). The kernels of fact that Evans/Novak begin with are often blown up like puffed wheat and made to serve and to obscure a dubious case...
AUSTRALIA has been hit by drought in parts of its southern regions that have had no more than 10% of their normal rainfall this year. Only about half of a planned 24 million acres has been planted with wheat; fodder for cattle is so scarce that farmers are slaughtering livestock they can no longer feed. In Victoria, the air echoes with the sound of gunshots as ranchers, who have already shot about 27,000 head of cattle, rid themselves of stock. In South Australia, stockmen are demanding compensation for an estimated 100,000 head of cattle and 2 million sheep...
...drought. In California, forests and canyons are tinder dry, and the fire danger is high. Reservoirs in Colorado are down. Drought-caused crop losses in Wisconsin are estimated at $400 million. Despite drought in some areas, however, American growers are expected to harvest more than 2 billion bu. of wheat...
...other railroads, the Santa Fe spends money heavily on keeping its roadbed in good repair even in bad times. Says Operations Vice President Larry Cena: "You can't just be doing maintenance work when business is good. That's when you need the plant." During the Russian wheat sales boom in 1973, the Santa Fe picked up much extra business from rival roads that lost precious time doing essential repair work to prepare their tracks to handle the traffic...