FARM PRICES IN CANADA

Press, Volume LXXXVI, Issue 26127, 1 June 1950, Page 5

FARM PRICES IN CANADA

“ ‘Those surpluses, at the moment., are not serious, but they are threa‘exiing. and farm prices in Canada are already declining, while the costs of production remain high. A similar situation obtains in the United States, but the disparity there is even higher.’ “xhere is here.” the “Farmers' WeeKiy” continues, “a very serious threat to the stability of the agricultural trade everywhere, and particularly to our own price structure. Overseas countries such as the United States and Canada can hardly be expected to go on .-upporting farm prices indefinitely, especially ii such support means the accumulation of increasing surpluses which they cannot dispose of. • “The temptation for them to dump that export at i:nock-out prices is ob-

vious. Equauj ob.jous is the temptation to accept ’such dumping in a country wher. the co-t of living, cost of lood and of mod suosidies is of first political importance “No sane per on wants to see a return o international food dumping. It did no one anv good and. in th® long run. it stultified industry as well as ruined agriculture. Yet the pressure of surpiuso is piling up, and it could very easily spill over—here. “I.F.A.P. was founded lour years ago with the object of bringing or er into international trade in agricultural produce, and the matter is imperative. The problem of surplus bu’ter in Canada, or wheat in ihe United States, of eggs in Denmark or milk in Holland' is a problem for us. as well as fur those countries themselves It presents I.F.A.P. with an extremely difficult, and indeed, crucial test.”