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...Radcliffe team took its trophy on Sunday at Boston University. An eight point margin over MIT and BU gave them the President's Trophy, for the first time since...
...buster of all time, considerably exceeding even the record 1973 crop. Owing to a corn-damaging drought in Iowa and some flooding in Minnesota, Department of Agriculture experts last week revised their predictions slightly downward. The wheat harvest is now expected to be 2% less, at 2.14 billion bu.; and corn will come in 3% lower at 5.85 billion bu...
Then three things happened: 1) the Russians began making deals with private American grain exporters, signing contracts for the purchase of 228 million bu. of feed grains (mostly corn), 154 million bu. of wheat and 46 million bu. of barley; 2) one of the driest months of July in 30 years afflicted the corn crop in Iowa, which normally produces one-fifth of the U.S. total, thus casting doubt on the previous forecasts; 3) the Agriculture Department's shaky estimates of Soviet grain production were revised downward from 210 million to 185 million tons because of continued droughts...
...amount it bought in 1972. Remembering the 1972 price hikes, market operators anticipated similar results this fall. Partly because of speculators seeking quick profits, the price of grain for later delivery began climbing. In the past month the price of Kansas City wheat jumped from $2.20 to $4.05 per bu. Corn sold in Chicago rose 42? per bu., to $3.17. "The whole psychology for increased farm prices is already here," insists Charles Kershaw, a prominent Southern California cattle feeder who expects meat prices to rise later as feed grains for cattle and hogs become more expensive. Butz reacted...
Scenes From American Life, a comedy about upper-class life in Buffalo, has been getting rave reviews. It's continuing in repertory with Ah, Wilderness at the BU Summer Repertory Theatre. Ticket prices are steep--$4 to $7.50--but there is such a thing as a "student pass." Call 353-3392. --Natalle Wexler