Record Corn Crop Proving A Problem
Washington AP reports that the Crop Reporting Board estimates a 6.82 billion bushel U.S. corn harvest for 1979, up 7 percent from last year and above the prior forecast. Soybeans reach a record 1.79 billion, while wheat totals run about 1.78 billion. USDA officials also say Russia may buy at least six million metric tons of U.S. grain annually under a purchase pact, with potential for more.
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These Paychecks Just Look Big They Aren't
Washington AP reports Social Security long term projections show average wages rising to 656000 by mid-century with retirees receiving about 259000 annually and a maximum benefit near 405000. Taxes would apply to earnings up to 1.5 million by 2050 amid inflation linked gains.
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Lock Up Area Prepared for Next Vatican Conclave
AP reports the mourning period for Pope John Paul I ends and preparations for the conclave advance. 112 bedrooms are readied for 112 cardinal electors, with isolation rooms at the Apostolic Palace. Voting begins Sunday as cardinals discuss improved conclave services and the smoke signaling system to indicate a pope.
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