Word: bu
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Dates: during 1930-1939
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...efforts of Chairman Legge, his Farm Board and its network of cooperatives could not hold up wheat prices. The July figure in Chicago slumped to $1 per bu.-7? below last year's mark. Traders in the pit spoke of a "panicky feeling." Growers out in the country wondered when, if ever, the Farm Board would get them better prices. Meanwhile the National Grain Corp. braced itself to handle 300 million bushels of wheat (about one-third of the crop total) through its elevators and co-operative agencies. From Hall-Baker Co. in Kansas City it hired Paul Bartlett...
Looming over the whole wheat market was an economic situation more potent than the Farm Board as a price-fixer. The visible world supply of wheat in May was 470 million bu., of which almost half (225,000,000 bu.) was held in the U. S. The Farm Board had advocated this holdover-from-1929 policy which now hung like an incubus over 1930 prices. The U. S. Department of Agriculture last week estimated the 1930 winter wheat crop at 532 million bu.-46 million bu. below last year's harvest of the same grain. But even this apparent...
...Corn (bu...
Flaxseed (bu...
...Oats (bu...