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WHEAT PRICES FALL IN CHICAGO

+ ESTIMATED ACREAGE LARGEST ON RECORD (Received December 23, 9.30 p.m.) CHICAGO, December 23. After a Government report estimating the winter wheat acreage at 57,187,000 acres, the largest on record, general liquidation developed . in the leading markets, with no pro- ' nounced tendencies to rally. Closing deals were about bottom price. Net losses to the Board of Trade here are 2\ to 3 cents a bushel. The trade ignored a Government estimate that the yield would be only 600,000,000 bushels, which is 22,000,000 bushels below the 1928 to 1932 average.

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https://paperspast.natlib.govt.nz/newspapers/CHP19361224.2.64

Bibliographic details

Press, Volume LXXII, Issue 21974, 24 December 1936, Page 11

Word Count
93

WHEAT PRICES FALL IN CHICAGO Press, Volume LXXII, Issue 21974, 24 December 1936, Page 11

WHEAT PRICES FALL IN CHICAGO Press, Volume LXXII, Issue 21974, 24 December 1936, Page 11