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The Winchester bushel is the volume of a cylinder 18.5 in (470 mm) in diameter and 8 in (200 mm) high, which gives an irrational number of approximately 2150.4202 cubic inches. [4] The modern American or US bushel is a variant of this, rounded to exactly 2150.42 cubic inches, less than one part per ten million less. [5]
Indeed, the bushel, the best-known unit of dry measure because it is the quoted unit in commodity markets, is in fact a unit of mass in those contexts. Conversely, the ton used in specifying tonnage and in freight calculations is often a volume measurement rather than a mass measurement.
Depending on the marketplace, the price of natural gas is often expressed in currency units per volume or currency units per energy content. For example, US dollars or other currency per million British thermal units, thousand cubic feet, or 1,000 cubic meters. Note that, for natural gas price comparisons$, per million Btu multiplied by 1.025 ...
For example, each "tick" for the grain market (soybeans, corn and wheat) is 0.25 cents per bushel, on one 5,000-bushel futures contract. Tick values for some popular contracts (as of June 2010 [ 1 ] )
Under the Wilson administration during World War I, the U.S. Food Administration, under the direction of Herbert Hoover, set a basic price of $2.20 per bushel. The end of the war led to "the closing of the bonanza export markets and the fall of sky-high farm prices", and wheat prices fell from more than $2.20 per bushel in 1919 to $1.01 in 1921 ...
The metric ton is the name used for the tonne (1000 kg, 2 204.622 62 lb), which is about 1.6% less than the long ton. The US customary system also includes the kip , equivalent to 1,000 pounds of force, which is also occasionally used as a unit of weight of 1,000 pounds (usually in engineering contexts).
According to the latest data from the Census Bureau, 12.7% of Florida’s population of over 21.5 million people live in poverty. This is higher than the national average of 11.6%, or 37.9 million ...
One common term is barrels per day (BPD, BOPD, bbl/d, bpd, bd, or b/d), where 1 BPD is equivalent to 0.0292 gallons per minute. [14] One BPD also becomes 49.8 tonnes per year. [ 14 ] At an oil refinery, production is sometimes reported as barrels per calendar day (b/cd or bcd), which is total production in a year divided by the days in that year.