The Ashburton Guardian Magna et Veritas et Prævalebit TUESDAY, JULY 15, 1890. THE OUTLOOK FOR FARMERS.
Judging by recent cable advises from Europe and England it would seem that the outlook for the Home and foreign farmer is not a promising one. The weather has been most inclement, and fears are entertained that the season's crop will be, if not a failure, only a partial success. In this far-off' land, on the contrary, the weather has, up to the present, been everything the farmer could wish, and this fact, combined with the misfortune of his European and English brother, has raised the hopes of the New Zealand farmer that, m the forthcoming year, at least, he will not reap his crop, only to see it sprout again m the grain yard. At present grain stores throughout the colony are packed to the ceiling with last year's products, and unless a demand arises from abroad, there is a probability that, when the forthcoming crop is garnered, the strongest competitor it will have will be the surplus from the previous year. Unfortunately New Zealand has not a sufficient population to consume her own products, and the eyes of the farmer are turned abroad for a market. The farmer misses the 18,000 of New Zealand's population who have left the colony during the past five years, however much the party politican may belittle the circumstance. These 18,000 persons are now being fed with the surplus grain grown m other lands, and the grain which the New Zealand farmers put m on their account has been grown only to waste. The prospect, therefore, however slight, of an improved market abroad has put confidence into the ' New Zealand agriculturist, and Home and Foreign advices are anxiously looked forward to. From the farmer's point of view the cables could not have failed at a more critical period, and the suspense of the past few clays has been great. The cabled advices from Home and Foreign and Australian markets, although frequently mutilated m transmission, serve as a fair index of the ruling prices abroad,, and merchants and fanners alike are unwilling to trade m the absence of cabled information. Advices received just prior to the breakage of the cables stated that wheat had advanced fully l^d per bushel m England, but whether this advance has been sustained cannot be known until through communication is again restored. It may be that a change m the weather has caused prices to go down again, or it may be that these have gone up further ; m either case the sooner the information is known the better. Should it be the case, as we sincerely hope it will, that prices have hardened still further, we trust farmers will not hesitate to accept promptly t\ good price while it lasts, nnd not wait for fabulous figures never likely to be realised.