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WHEAT FROM CANADA.

U.S. EMBARGO SUGGESTED. WASHINGTON, December 24. The chairman of the Federal Farm Board, Mr. Legge, has suggested to the Agricultural Committee of the Senate that a temporary embargo on wheat would be the most effective harrier, if the world wheat prices continue to fall below domestic quotations to a point permitting imports of Canadian wheat, in spite of thf tariff of 42 cents. Mr. Legge said the "spread" between Chicago and Winnipeg .was running from 26 to 28 cents a bushel, and inasmuch as millers would always pay a premium for Manitoba wheat, any further decline in the, market would probably .result in wheat being imported from Canada. . They would i have a burden of some surplus without importing any wheat.

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https://paperspast.natlib.govt.nz/newspapers/AS19301226.2.123

Bibliographic details

Auckland Star, Volume LXI, Issue 305, 26 December 1930, Page 9

Word Count
124

WHEAT FROM CANADA. Auckland Star, Volume LXI, Issue 305, 26 December 1930, Page 9

WHEAT FROM CANADA. Auckland Star, Volume LXI, Issue 305, 26 December 1930, Page 9