Magazine content is available exclusively for TIME subscribers.Foreign Trade: Half-Baked
Despite months of cooking, the great wheat deal between the U.S., Russia and several European Communist countries is still no more than half-baked.
Last week it looked as if it might stay that way. After discussing shipping arrangements with Russian officials in the Black Sea port of Odessa, U.S. Under Secretary of Commerce Clarence D. Martin said: "I suspect they have done their buying for this season."
Under the agreement announced last October by President Kennedy, the U.S. was to have sold 2,500,000 tons of wheat to Russia and another 1,500,000 to Bulgaria, Czechoslovakia and Hungary. So far,...
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