EAST-WEST TRADE: Chaff in the Great Grain Deal

When it was first announced last summer, the $1.1 billion grain sale to the Soviet Union was almost universally applauded. It promised to be a boon for U.S. farmers, a welcome assist to the nation's balance of payments and a step toward warmer relations between East and West. For all its genuine long-term benefits, however, the largest two-nation grain deal in history has produced a bumper crop of trouble. Now, as public discontent grows over rising food prices, the Administration's feckless handling of the transaction is being widely condemned.

Many farmers feel...

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