THE WHEAT MARKET
SIGNS OF IMPROVEMENT
NO NEED FOR QUOTA NOW
OTTAWA, March 15. Canada would doubtless be prepared to enter into conversations with wheatproducing countries, it was learned oa good authority today. The feeling here, however, is that the wheat market -will come out of the present depression, of its own accord
Recently the Minister of Trade and Commpree (Mr. Stevens) made an optimistic speech, in the House as to an improvement in wheat prices -with world supplies diminishing at about the sams time.
■ Mr. Mothcrwell, a former Liberal Minister of Agriculture, in an interview, took the same view. Any agreement to iix an. export quota, Mr. Motherwell said, -would be- too late to help the present situation, as the1 market was due to improve because of reduced supplies, -without artificial regulation. He thought, however, that an agreement as to quotas, -would be a good thing; it would protect the grain growers against a recurrence of disastrous prices.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19330317.2.85
Bibliographic details
Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
Word Count
159THE WHEAT MARKET Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.