The Great American Grain Robbery
Witness History
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The U.S. Soviet Trade - A Great Opportunity for Both Countries
In 19 72, officials in moscow noticed signs of poor conditions in ukrane and other key farming regions. Felix had to work flat out to provide an emergency forecast in record time. The soviet started talking to washington about a grain deal. But crucially, they didn't reveal their whole hand. They kept quiet about that terrible crop forecast. Then once the deal became public, grain prices soared. American farmers were the first to feel the effects. It was too late for the southern farmers in texas, ocahoma and kansas. Though some farmers hung on, many sold their crops just before the market took off. Its estimated global food prices increased by at
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