Some of the recent estimates of Soviet grain requirements are frightening. Federal Reserve Board Chairman Arthur Burns
He's easily frightened.
Agriculture Secretary Earl Butz
From coast to coast, the summer sun is ripening record harvests of wheat, corn, oranges, apples, but, as any American housewife knows only too well, the price for those harvests is inexorably climbing. Overall, the price of food rose 1.2% during July, the government announced last week, pushing the Wholesale Price Index up at a stunning rate (see ECONOMY & BUSINESS). Beans, lettuce and other fresh vegetables were up 12% in some areas, while the overall...