POSITION IN AUSTRALIA
! The wheat market in Australia this week has kept low with a fall of 4d per bushel'during the. past fortnight in_ Melbourne. A small advance, however, is expected. Only serious damage to crops in the Northern Hemisphere are needed to bring about a steady advance in prices. Weather conditions in Canada are the chief market influence at the moment, and good weather until harvest time would tend to prevent any marked recovery in prices. ■In Melbourne there seems to be rather more buying interest in the market, but sellers are reserved. Melbourne parcels are quoted nominally at 4s 4d a bushel. Truck lots of wheat have been purchased by the produce trade at 4s Gd a bushel, but the demand is limited.
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Bibliographic details
Evening Post, Volume CX, Issue 11, 12 July 1930, Page 12
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125POSITION IN AUSTRALIA Evening Post, Volume CX, Issue 11, 12 July 1930, Page 12
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