UNITED STATES ESTIMATES

Evening Post, Volume CX, Issue 11, 12 July 1930, Page 12

UNITED STATES ESTIMATES

WASHINGTON, 10th July

The Agriculture Department has estimated the 1930 wheat crop to be 807,265,----000 bushels, on the basis of condition 74.5 per cent, of normal. The area of -wheat planted ,this year was 59,024,000 acres, 96.6 per cent, of the 1929 acreage. The wheat yield forecast is 13.7 bushels per acre.

It is-indicated that the .production of winter wheat is given as 357,719,000 bushels, based on condition 73.S per cent, of normal, and 35.490.000 acres remainingfor harvest.

The durum wheat production in 1930 is estimated at .56,86(3,000 bushels, based on condition 81.1 per cent, of normal. Spring wheat other than durum is estimated at 192,680,000 bushels.

Stocks of al! wheat on farms are given as 46,834,000 bushels, or o.S per cent, of last year's crop.

The average price of northern spring ■wheat at Minneapolis for 1913 was as follows: —January, 88 7-S cents per bushel; April, 86 3-8 cents; July, S9 3-8 cents; October, 831-8 cents. . Pi-ices for No. 2 red winter . wheat in Chicago for the same periods, 1913, were: January,, 1, dol. 11% cents; April, 1 dol. .04 cents: July, 84 5-8 cents; October, ' 90% cents.