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The main figure of the 1980 grain embargo was Carter. The grain embargo was his way of using food as a weapon. Carter believed that if he cut out the Soviets' grain imports, they could no longer feed their livestock or people. He hoped that would lead to unrest against the war in Afghanistan. [7] Another key figure in the grain embargo was the ...
In July 1973, the Soviet Union purchased 10 million short tons (9.1 × 10 ^ 6 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.
Carter also later announced a U.S. boycott of the 1980 Summer Olympics in Moscow [45] and imposed an embargo on shipping American wheat to the Soviet Union. The embargo ultimately hurt American farmers more than it did the Soviet economy, and the United States lifted the embargo after Carter left office. [46]
The United States would continue to do "whatever is necessary" to ensure Russia can freely export food if there was a revival of a deal allowing the safe Black Sea export of Ukrainian grain, U.S ...
[286] [288] [290] [291] Carter imposed an embargo on grain shipments to the USSR, tabled SALT II, requested a 5% annual increase in defense spending, [292] [293] and called for a boycott of the 1980 Summer Olympics in Moscow, which was ultimately joined by 65 other nations. [294] [295] [296]
MOSCOW (Reuters) -Russia is still not satisfied with how a Black Sea grain deal is being implemented, Deputy Foreign Minister Sergei Vershinin said on Saturday after meeting senior U.N. trade ...
WASHINGTON (Reuters) -A top U.S. Treasury official will highlight Washington's efforts to facilitate Russian grain and fertilizer exports during a visit to Kenya and Somalia and stress that Moscow ...
Record production led to a fall in the price of commodities. Exports fell at the same time, due in part to the 1980 United States grain embargo against the Soviet Union. The Farm Credit System experienced large losses, which were the first losses since the Great Depression. [1] [2] The price of farmland was a significant factor. Credit ...