About: 1973 United States–Soviet Union wheat deal

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In July 1973, the Soviet Union purchased 10 million short tons (9.1×106 t) of grain (mainly wheat and corn) from the United States at subsidized prices, which caused global grain prices to soar. Crop shortfalls in 1971 and 1972 forced the Soviet Union to look abroad for grain. Hoping to prevent famine or other crisis, Soviet negotiators worked out a deal to buy grain on credit, but quickly exceeded their credit limit. American negotiators did not realize that both the Soviets and the world grain market had suffered shortfalls, and thus subsidized the purchase, leading it to be dubbed the "Great Grain Robbery". The strategy backfired and intensified the crisis: global food prices rose at least 30 percent, and grain stockpiles were decimated.

Attributes	Values
rdfs:label	1973 United States–Soviet Union wheat deal (en) Великое зерновое ограбление (ru)
rdfs:comment	In July 1973, the Soviet Union purchased 10 million short tons (9.1×106 t) of grain (mainly wheat and corn) from the United States at subsidized prices, which caused global grain prices to soar. Crop shortfalls in 1971 and 1972 forced the Soviet Union to look abroad for grain. Hoping to prevent famine or other crisis, Soviet negotiators worked out a deal to buy grain on credit, but quickly exceeded their credit limit. American negotiators did not realize that both the Soviets and the world grain market had suffered shortfalls, and thus subsidized the purchase, leading it to be dubbed the "Great Grain Robbery". The strategy backfired and intensified the crisis: global food prices rose at least 30 percent, and grain stockpiles were decimated. (en) Великое зерновое ограбление (англ. Great grain robbery) — последствия торгового соглашения о поставке зерновых в начале 1970-х годов. (ru)
foaf:depiction
dcterms:subject	Foreign trade of the Soviet Union 1972 in the Soviet Union 1972 in the United States Agricultural subsidies Grain trade Soviet Union–United States relations United States agricultural policy
Wikipage page ID	30857867 (xsd:integer)
Wikipage revision ID	1104191568 (xsd:integer)
Link from a Wikipage to another Wikipage	Canadian Wheat Board Foreign trade of the Soviet Union 2010 Northern Hemisphere heat waves Arable land ContiGroup Companies Chernozem Under Secretary of Agriculture for Farm and Foreign Agricultural Services Great Train Robbery (1963) Credit Credit limit The Madison Washington, D.C. Maize Pooling (resource management) Michel Fribourg 1972 in the Soviet Union 1972 in the United States Agricultural subsidies Grain trade Soviet Union–United States relations United States agricultural policy Agriculture in the Soviet Union Washington, D.C. Triticum Earl Butz Exponential decay Nikolai Patolichev Henry M. Jackson Landsat 1 Soviet Union Subsidized
Link from a Wikipage to an external page	http://archive.gao.gov/f0102/090149.pdf http://archive.gao.gov/f0302/096148.pdf http://archive.gao.gov/f0302/096760.pdf http://content.time.com/time/magazine/article/0,9171,873744,00.html https://archive.org/details/amberwavesofgrai0000trag/page/243
sameAs	1973 United States–Soviet Union wheat deal 1973 United States–Soviet Union wheat deal 1973 United States–Soviet Union wheat deal 1973 United States–Soviet Union wheat deal
dbp:wikiPageUsesTemplate	dbt:Cite_book dbt:Cite_news dbt:Cite_web dbt:Convert dbt:Multiple_image dbt:Reflist dbt:Short_description dbt:Use_American_English dbt:Use_mdy_dates
thumbnail	wiki-commons:Special:FilePath/The_Madison,_a_Loews_Hotel_-_Washington,_D.C..jpg?width=300
align	right (en)
alt	A photo of former U.S. Secretary of Agriculture Earl Butz. (en) A photo of former Soviet Minister of Foreign Trade Nikolai Patolichev. (en)
caption	U.S. Secretary of Agriculture Earl Butz (en) Soviet Minister of Foreign Trade Nikolai Patolichev (en)
image	Earl Lauer Butz - USDA portrait.png (en) Nikolai Patolichev.jpg (en)
total width	320 (xsd:integer)
has abstract	In July 1973, the Soviet Union purchased 10 million short tons (9.1×106 t) of grain (mainly wheat and corn) from the United States at subsidized prices, which caused global grain prices to soar. Crop shortfalls in 1971 and 1972 forced the Soviet Union to look abroad for grain. Hoping to prevent famine or other crisis, Soviet negotiators worked out a deal to buy grain on credit, but quickly exceeded their credit limit. American negotiators did not realize that both the Soviets and the world grain market had suffered shortfalls, and thus subsidized the purchase, leading it to be dubbed the "Great Grain Robbery". The strategy backfired and intensified the crisis: global food prices rose at least 30 percent, and grain stockpiles were decimated. (en) Великое зерновое ограбление (англ. Great grain robbery) — последствия торгового соглашения о поставке зерновых в начале 1970-х годов. (ru)
prov:wasDerivedFrom	wikipedia-en:1973_United_States–Soviet_Union_wheat_deal?oldid=1104191568&ns=0
page length (characters) of wiki page	17937 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:1973_United_States–Soviet_Union_wheat_deal
is Link from a Wikipage to another Wikipage of	Great Grain Robbery Great grain robbery The Russian Wheat Deal The Soviet Wheat Deal 1973 United States-Soviet Union wheat deal Great Soviet grain robbery The great grain robbery Russian Wheat Deal The Great Russian Grain Robbery Soviet Wheat Deal
is Wikipage redirect of	Great Grain Robbery Great grain robbery The Russian Wheat Deal The Soviet Wheat Deal 1973 United States-Soviet Union wheat deal Great Soviet grain robbery The great grain robbery Russian Wheat Deal The Great Russian Grain Robbery Soviet Wheat Deal
is foaf:primaryTopic of	wikipedia-en:1973_United_States–Soviet_Union_wheat_deal

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