World grain harvest rises but prices stay high due to demand
The AP reports a record world grain harvest expected this year yet prices on bread meat and bakery goods may climb. Soaring demand and a drop in stocks push costs higher while the UN FAO warns imports will rise with year to year. The Inter national Wheat Council notes 23 million ton stock peril and lenders debate export restraints amid Soviet purchases and global feeding needs.
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Associated Press
Wheat Council
Council
Soviet Union
U.N. Food Organization
London
Moscow
United States
Arab Nations Consider Policy Toward U.S.
Foreign ministers from the 10 nation Arab Petroleum Exporting Countries meet in Kuwait to discuss a unified stance toward the United States and Israel’s supporters. No immediate move to freeze or cut oil production is anticipated, with persuasion favored over confrontation.
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Beirut
Lebanon
Organization of Arab Petroleum Exporting Countries
Kuwait
United States
Israel
Europe
Japan
Middle East
North Africa
Arab Oil Organization
Saudi Arabia
Iraq
Abu Dhabi
Qatar
Bahrain
Libya
Algeria
Egypt
Syria
Faisal
Washington
Anwar Sadat
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