WORLD WHEAT PRODUCTION
Australia's wheat -carry-over-.'-"for-.the year ending July-31 will be from 65.000 000 to: 70,000,000"'bushels,"; according; to an estimate given -to the .Wheat Commission by Mr. E. McCarthy.;.of the: Commerce Department. Mr also saidMihat the world surplus' should'be reduced next year t0■61,000,000 bushels dn ■present indications, so that prices should "Harden Discussingiihary'est ■ prospects for' 1934-35] ■Mrf; McCarthy estimated tHat'world - production would be less ttian'worlil demand by 317,000^000 bushels: The United States Departnient of-Agriculture estimated Hhat American - production this year would be ■500,000,000. : bushels, against :: 527,000 000 bushels lastj year.- The .reduction of the European yield through bad! harvests" was estimated,: at "between " 25tt;00O.OOO".: and 300,000,000' bushels. The' Argentine yield was-l estimated-to,; be about: the same as for, 1933, 236i000,000 ..bushels: Canada's yield would be-up' by; SOiOppVOOO 'bushels.
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Bibliographic details
Evening Post, Volume CXVIII, Issue 20, 24 July 1934, Page 12
Word Count
128WORLD WHEAT PRODUCTION Evening Post, Volume CXVIII, Issue 20, 24 July 1934, Page 12
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