HUSBANDRY: Dollar Wheat?

Last week the Federal Farm Board was back in the wheat market buying futures. Good times, not bad, put it there. There was a crop failure in Russia. U. S. grain prices spurted up and away from the weak security market. Talk of "dollar wheat" got back in press headlines. Farmers, faintly smiling, began paying off long overdue bills. A corner of some kind had been turned in wheat history.

Oct. 5 was grain's Black Monday. Wheat in Chicago wilted down to 44⅜¢ per bu., an all-time...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!