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WHEAT ARENA

13NTRY OF BUSSIA

CONSTERNATION IN AMERICA

Mystery, still envelopes the bounding of Russia, into the American wheat aroint, with -disastrous results on speculators in wh'eafc;arid"ja sharp depression of an already low-market. The entry of Russia into the American ."futures"/'market is regarded in the States as *'a new development of a seriously objectionable nature." The consequence of this is that prices for American wheat .for delivery as far ahead as May next are' at eighty-six and three-quarter cents per bushel; correspondingly low prises iii Canada, and a fall in wheat in Australia- to 2s lid per bushel on trucks at Williamstowii, Melbourne, for export—a price that must involve Australian wheatgrowers in serious losses. The latest cable news ori the.world's wheat crisis is given hereundeiv

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19300929.2.147.3

Bibliographic details

Evening Post, Volume CX, Issue 78, 29 September 1930, Page 12

Word Count
125

WHEAT ARENA Evening Post, Volume CX, Issue 78, 29 September 1930, Page 12

WHEAT ARENA Evening Post, Volume CX, Issue 78, 29 September 1930, Page 12