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BUSINESS
April 27, 1997 | CRAIG TURNER, TIMES STAFF WRITER
Stretched out on an easy chair in the sunny living room of his farmhouse, surrounded by an eclectic book collection and an array of modern sculpture, Ike Lanier is bemused that at age 67 he has become something of a celebrated outlaw. His crime: trucking 300 bushels of wheat grown on his Alberta farm into Montana last summer and selling it on the open market.
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NEWS
September 1, 1991 | JUDITH SIMS
Larry Konis makes dried-flower arrangements. Not wreaths. Not those casual sprays offered in country-style emporiums. Using wheat, lavender, rye, roses, larkspur and oats from Europe ("which are cleaner and of much better quality," he says), Konis creates "sculptures" of upright flowers or grains. Tied at the midsection--or fit so snugly they don't need a belt--with raffia and other materials, the bundles are then tucked into hand-rubbed stone pots or willow baskets.
BUSINESS
January 12, 1988 | BRUCE KEPPEL, Times Staff Writer
Agriculture Secretary Richard E. Lyng said Monday that published reports last week that his department is "secretly coaxing" the Soviet Union to make another big wheat purchase--reports that sent wheat futures shooting upward--are without foundation. Lyng, speaking with reporters at the American Farm Bureau Federation's annual meeting here, at first repeated the department's "no comment" statement of last Wednesday.
NEWS
October 29, 1990 | From Times Staff and Wire Reports
Because inadequate storage space and poor government controls have led to rotting mountains of food after a bumper harvest, China is pouring grain into movie theaters, auditoriums and army camps. The official Economic Information newspaper reported that "tens of millions of tons" of grain is left in the open, where much more will be added when the autumn harvest is completed. Officials estimate that China this year will reap a record 420 million tons of grain, beans and potatoes.
NEWS
November 2, 1995 | COLLEEN KRUEGER, TIMES STAFF WRITER
The world's ability to match its population growth with more bountiful grain harvests has finally come to an end, ushering in a new age of scarcity in which food prices could soar to record levels while food supplies fall to record lows, the Worldwatch Institute said Wednesday.
BUSINESS
May 25, 1999 | From Reuters
Commodity markets may be giving the Federal Reserve one less inflation worry. Grain futures tumbled Monday, and cotton and pork markets also slid as the prospects of poor demand and large supplies put commodity prices under new pressure. The Commodity Research Bureau index of 17 key commodity futures fell 1.3% to 186.24, heading back toward February lows after a recent rally.
NEWS
April 23, 1988 | Associated Press
Two explosions ripped through a grain elevator complex Friday, killing at least two people, injuring three others and leveling four grain silos and an office building, authorities said. Three other people were reported missing at the ADM Growmark complex, located along the Des Plaines River about 40 miles southwest of Chicago, said Lynn Behringer, a spokeswoman for the Will County Emergency Services and Disaster Agency.
BUSINESS
November 26, 1988 | From Reuters
U.S. and Soviet negotiators will meet for another round of grain trade talks in Moscow on Monday and hope to complete a new pact on Soviet purchases by the end of the week, U.S. sources in the Soviet capital said Friday. "We hope that something will be signed, but we can't say for sure," a U.S. official said. Earlier talks in London this fall stalled when the Soviet side refused to agree to buy as much grain as the U.S. side demanded.
BUSINESS
August 8, 1989 | From Reuters
American and Soviet negotiators will meet in Moscow in early December to revive grain trade talks that faltered last year, U.S. officials said Monday. U.S. Trade Representative Carla Hills and Agriculture Secretary Clayton K. Yeutter said preliminary talks were scheduled to take place in Moscow the week of Dec. 4. Since 1976, U.S. grain exports to the Soviet Union have been governed by bilateral accords that have been periodically renewed.
NEWS
November 29, 1988 | MICHAEL PARKS, Times Staff Writer
After eight months of hard bargaining, the United States and the Soviet Union agreed Monday to extend for two years a pact under which Moscow will buy at least 9 million tons of wheat, corn and soybeans annually. The agreement will assure American farmers a major share of Soviet grain purchases in what is likely to be at least one year--and probably two years--of extensive food imports by Moscow as the government here seeks to make up for poor harvests and to raise living standards. Alan F.
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