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OUR WHEAT REQUIREMENTS

NECESSITY FOR IMPORTATIONS. [Per United Pkkss Association.] WELLINGTON. January 8. In a- recently-prepared memorandum, Mr Fraser (Government Statistician) reports on Ihe f.iibjeet of the wheat requirements cf the Dominion. Taking stocks as ascertained on 18th November last, he says: .AHowiii" for Government- importations (iorin; Jamis-TT nnct Vebr-nary. 1915. .-Kid an estimate far the current harvest, wheat stock,-; in New Zealand will be exbaiwtod bv about, the end of November, 1915. By about. September 8, 1915. stocks would be below those of last November, which were 20 per cent, less than the stocks of November. 1913. It would be inadvisable to allow stocks to get ixjiow those, of November last, and it will probably be- necessary to arrange for importations coming in from about"the middle or beginnimr of September. If all stocks were freely marketed, and purchases did not exceed actual milling requirements, the. necessity for importations would probably not. arise so soon ; but with a genera! knowledge of a comparatively small and poor harvest there will no doubt he a tendency to bold stocks back. To counteract this it might be advisable for tho ftovernment to import, an additional quantity of wheat about the end of February. 1915*

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https://paperspast.natlib.govt.nz/newspapers/ESD19150108.2.32

Bibliographic details

OUR WHEAT REQUIREMENTS, Issue 15695, 8 January 1915

Word Count
201

OUR WHEAT REQUIREMENTS Issue 15695, 8 January 1915

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