This event was referred to in U.S. media of the day as "The Russian Wheat Deal" or "The Soviet Wheat Deal."  The use of the term "Great Grain Robbery" is a meme referring to the "Great Train Robbery". Author Martha Hamilton introduced the term as the title of Chapter VII of her book, The Great American Grain Robbery & Other Tales, as part of an allegation that the U.S. Government was robbing American taxpayers in order to support grain trading companies. The terms "Russian wheat deal" and "Soviet wheat deal" fell into disuse since the sales included corn, barley and oats as well as wheat.
Robbins, William (May 2, 1987). "News Analysis; Soviet Wheat Deal". The New York Times (New York: New York Times). Retrieved July 26, 2011. - 1987 Russian Wheat Deal during the Reagan Administration
"Nation: The Great Wheat Deal". The New York Times (New York: New York Times). Oct 18, 1963. Retrieved July 26, 2011. - Major grain deal during the Kennedy Administration in 1963, for sale of U.S. wheat to Soviet Union, Hungary, Bulgaria and Czechoslovakia