ARGENTINA'S WHEAT EXPORTS
SURPLUS NEARLY EXHAUSTED BIG EXCESS LIKELY (Received May 27, 8.15 p.m.) NEW YORK, May 26. The Buenos Aires correspondent of the "New York Times" says that the National Grain Board is pushing wheat exports at a rate which indicates that Argentina will ship 30,000,000 bushels more than her quota by August 1, following her failure to persuade the other wheatexporting countries to agree on an increase. Argentina has already shipped within 400,000 bushels of her quota for the wheat year, and is exporting more than 3,400,000 bushels a week. The Grain Board has a large stock of wheat on hand and is determined to dispose of its holding at any price, as the Government is covering the board's loss with profits from its exchange operations.
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Press, Volume LXX, Issue 21175, 28 May 1934, Page 11
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128ARGENTINA'S WHEAT EXPORTS Press, Volume LXX, Issue 21175, 28 May 1934, Page 11
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