Word: sell
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Dates: during 1980-1989
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...shock has hit them," said Manager John Aeschliman. Just before the embargo he bought corn at up to $2.96 a bu.; his first purchase last week was from a scared farmer at $2.12 a bu. At the Pro-Farmer elevator in Cedar Rapids, Iowa, two farmers were willing to sell corn at $2 a bu., compared with $2.25 a bu. before the embargo, but found no takers...
...fields, Johnson declared: "All that people like the Russians understand is raw, naked power. I just hope the American farmer doesn't have to be the goat." Most Eureka farmers have not yet sold 75% of their 1979 crops. But Johnson was luckier than his neighbors: he contracted to sell his record 1979 harvest of corn and soybeans even before the seed was in the ground, when prices were fairly high. Just a few days after Carter's announcement, Johnson loaded part of his production, about 8,000 bu. of soybeans, aboard a truck bound for the Ralston Purina...
...River Valley of western Minnesota, Tom Sinner, 51, who farms 2,000 acres with his family, was also in a quandary. "I don't like what the Russians are doing," he said, "and I don't like selling them high technology, or food for that matter. But we have no illusions about it not costing us. We would like to see everyone else sacrifice too." Sinner has yet to sell most of his 1979 crop and has yet to decide on his spring planting. He could switch more of his land to durum wheat ?all of which is sold...
Secretary of Agriculture Bob Bergland delivered much the same message to farmers in Iowa, where many of them last year planted extra acres in corn, expecting to sell it to the Soviets. He told an audience in Harlan: "They knew they were taking a risk. Risk taking is part of farming. I have the tough and brutal decision: Do I accommodate those people who have made the wrong decision? Well, no, I don't think we should...
...last week, of course, no one made or lost anything in grain futures trading. By temporarily halting the activity altogether to prevent a panicky overreaction to the cutoff of grain exports to the Soviets, the Administration simply told everyone to calm down and wait before trying to buy or sell in the unsettled market...