GLOOMY OUTLOOK
GROWERS, OF WHEAT MARKETING PROSPECTS INTERNATIONAL ACTION (10 a.m.) SYDNEY’, Dec. 6. A gloomy post-war situation for the wheat-growers, unless world trade was stimulated, was forecast yesterday by the Australian Minister for Commerce and Agriculture, Mr. W. J. Scully. The Minister was addressing a conference of wheat-growers from all parts of the Commonwealth. “If world trade does not increase, Australia with other exporting countries must either limit her production to lit the market needs or else have 70,000 Australian wheat-farmers back again in a depressed industry, trying to escape the economic result of low prices in a glutted market,” he said. “Because we: realise the problems, and are ready to co-opc-rate in solving them, Australia is a signatory to the international wheat agreement; and it is our hope that international eo-operation can bring the results that all nations want, but none can achieve alone.”
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Gisborne Herald, Volume LXXI, Issue 21580, 6 December 1944, Page 4
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146GLOOMY OUTLOOK Gisborne Herald, Volume LXXI, Issue 21580, 6 December 1944, Page 4
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