Books: Snookered by Commissars

AMBER WAVES OF GRAIN

by JAMES TRACER 256 pages. Arthur Fields. $6.95.

In the summer of 1972, a team of Russian trade officials operating out of a New York Hilton Hotel suite coolly bought up—at bargain prices—one-quarter of the entire U.S. wheat crop. Their accomplishment is still being paid for in the form of appallingly high food prices by U.S consumers. The deal, moreover, probably helped bring about a long-overdue end to the era of taxpayer-subsidized underproduction on U.S. farms. The story of how the Soviets nearly managed to corner the market of a U.S. staple under the noncollectivized noses of agriculture...

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