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Prodded by drought that has dashed hopes for a bumper Soviet wheat crop, Russian buyers last week returned, as expected, to the U.S. market. They signed contracts to buy 117 million bu., or 3.2 million metric tons, of winter wheat from Cook Industries of Memphis and Cargill Inc. of Minneapolis; at present prices, the deal amounts to about $470 million. That is hardly enough to push American prices up very much, but a big question remains: How much more does the U.S.S.R. plan...

Author: /time Magazine | Title: FOOD: The Russians Return | 7/28/1975 | See Source »

...hardly reminiscent of 1972, when skillful Soviet buyers, working in deep secrecy, managed to acquire 19 million tons of grain at a bargain price that was officially subsidized by the U.S. Government. Largely as a result, wheat prices shot from less than $2 to more than $6 per bu., and in the following months other domestic food prices soared. Memories of that disaster caused 33 members of Congress last week to sign a letter calling on the U.S. Government to take over negotiation of all grain sales to the U.S.S.R. But the Soviets have little chance of repeating...

Author: /time Magazine | Title: FOOD: The Russians Return | 7/28/1975 | See Source »

...wheat crop this year is forecast at a record 2.2 billion bu., leaving ample supplies for export sales without serious impact on home prices. Agriculture Secretary Earl Butz predicts that sales of grain to the Soviet Union will have only a minimum effect on American prices even if they reach 10 million tons, which he believes they will. One possible effect: meat prices will be kept from falling, because a general tightening of grain markets will hold feed costs high...

Author: /time Magazine | Title: FOOD: The Russians Return | 7/28/1975 | See Source »

Scenes from American Life continues to alternate in repertory with Eugene O'Neill's Ah, Wilderness at the BU Summer Repertory Theater, Scenes is just that--a series of 36 of them, to be exact, all having something to do with upper-middle class life in Buffalo. A.R. Gurney, Jr., the author, based this comedy on his own experience, and it extends in time from the Depression to the future. At BU at 8 p.m. Call 363-3392 for information...

Author: NO WRITER ATTRIBUTED | Title: THE STAGE | 7/25/1975 | See Source »

...nostalgic evocation of a normal American small-town boyhood--the king of boyhood O'Neill might have liked to have had himself. Complete with puppy love, comic uncles, and summertime pranks, the play sometimes verges on sentimental corn. But a good production--such as this one by the BU Summer Repertory Theater is likely to be--can make it all work wonderfully, and it's worth seeing just to get a glimpse of the lighter side of O'Neill's psyche. It's hard to believe that the same family--O' Neill's own--was the model both for this...

Author: NO WRITER ATTRIBUTED | Title: THE STAGE | 7/8/1975 | See Source »

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