WHEAT AT HOME
SPECTACULAE RISE
EFFECT OF ARGENTINE
DECISION
(Received December 14; 1 p.m.) LONDON, December 13. A spectacular rise in wheat followed the Argentine Grain' Regulating Board's decision to fix a basic price for the new crop at 10 paper pesos for 100 kilos, as compared with 5J pesos for the old crop. Unusually large business was dons in Australian cargoes and Canadian parcels. The December option closed 4Jd up at 6id, the highest price since the war-scare boom two months ago. The opinion is expressed in the market that the full ■ advance may not be maintained, as an opportunity has now been provided for the Canadian Grain Board to liquidate surplus stocks.
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https://paperspast.natlib.govt.nz/newspapers/EP19351214.2.68.3
Bibliographic details
Evening Post, Volume CXX, Issue 144, 14 December 1935, Page 11
Word Count
114WHEAT AT HOME Evening Post, Volume CXX, Issue 144, 14 December 1935, Page 11
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