Abstract :
In 1971 and 1972, wheat crops in the Soviet Union suffered massive shortfalls. The U.S. government, which had no idea of the scope of the problem, blithely negotiated a three-year deal that allowed the Kremlin to buy U.S. grain on credit. The Soviets spent their entire credit limit (and more) right away, and global grain prices skyrocketed. Just weeks after this grain deal was announced, the Earth-observing satellite Landsat 1 achieved orbit. If the satellite had launched a few months earlier, the so-called Great Grain Robbery might never have happened.
Keywords :
vegetation mapping; AD 1971 to 1972; Earth-observing satellite; Kremlin; Landsat 1; Soviet Union; U.S. government; U.S. grain; credit limit; global grain prices; great grain robbery; three-year deal; wheat crops; Agricultural products; Business; Crops; Economics; Food industry; Food products; Government policies; Russia;