WHEAT PROSPECTS
SMALL YIELDS IN THE SOUTH.
The removal of the export embargo on wheat said the- Prime Minister to-day, seemed to have made no appreciable difference to the price of either wheat or flour.
As to the future, the reports from Oanterbury were not at all good, and indicated that the present wheat crop would be below the average. However, with the increased area, under cultivation there was little doubt that there would be sufficient wheat for our own requirements.
In regard to the southern crops, a wellknown wheat-grower, said Mr. Massey wrote that he feared that the yield this year was going to be low. The late unfavourable weather had entirely changed the situation. This was very unfortunate, as fanners required a. good harvest to enable them to get over th© extra strain of the drought and the war. Should there be a surplus there would be great difficulty in getting it away to the Old Country, because £3 per ton for freight alone made export almost prohibitive. Insurance, exchange charges, etc., have also to be taken into account.
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Bibliographic details
Evening Post, Volume XC, Issue 134, 3 December 1915, Page 8
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181WHEAT PROSPECTS Evening Post, Volume XC, Issue 134, 3 December 1915, Page 8
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