Word: bu
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Scarcely less acute was the wheat problem, for which Secretary Wallace is seeking a partial solution in a subsidy scheme under which he hopes to export 100,000,000 bu., about one-fourth the present U. S. surplus. To dump only 26,000,000 bu. abroad in 1934, the U. S. spent $6,500,000. However ingeniously conceived, a similar program now would not only add a neat expense item to AAA's bulging budget but would almost certainly bring a squawk from Secretary of State Hull, champion of reciprocal trade treaties. In addition, subsidized U. S. wheat would...
Wheat futures last week tumbled to 62? a bu., lowest since 1933 and 13? below the wheat loan figure (at Chicago) set last month by Secretary of Agriculture Henry A. Wallace. Corn futures also hit the skids, dropping below 50? a bu. for the first time in four years. However, the Department of Agriculture's official estimate of a 2,566,221,000 bu. 1938 corn crop meant that the harvest (plus the carryover) will be 27,000,000 bu. short of an "excessive supply"; hence there will be no referendum to give farmers an opportunity to get marketing...
...partners in commission houses, one a relative of his clients, the remaining 16 professional tipsters (usually taking a cut of all profits, but not sharing losses); together the 16 controlled 300 accounts, and one of them had transactions in the first six months of 1937 totaling 39,000,000 bu. of wheat, 11,000,000 bu. of corn and 39,000 bales of cotton; 15 lost money for a majority of their clients, one was on relief, another had a string of gambling houses...
...Washington, Secretary Wallace had just fixed wheat loans for the 1938 crop and the acreage allotment for next year (55,000,000 acres, compared with about 80,000,000 actually seeded this year). Figured on the basis of 52% of the present farm parity price of wheat ($1.14 a bu.), the loans will average about 60? a bu. at the farm. The 1938 crop estimated at 967,000,000 but, will be the second largest on record, and Commodity Credit Corp. has set aside $100,000,000 for the loans. Purpose of the loans is to let farmers keep their...
...Wheat Agreement (drawn up in 1933 to limit wheat production and export), the 25 delegates from 16 nations* did nothing last week except view the outlook with much alarm. Conference experts figured that the world harvest, excluding the Soviet Union, China and Manchukuo, would total 4,205,000,000 bu., 216,000,000 bu. above the all-time record set in 1928. Especially ominous was the prospect for the U. S. Once a major wheat exporter (200,000,000 bu.), the U. S. last year sold only 100,000,000 bu. abroad. This year, unless foreign countries store part...