AMPLE WHEAT FOR EUROPE LIKELY: END OF RATIONING

Gisborne Herald, Volume LXXV, Issue 22658, 8 June 1948, Page 7

AMPLE WHEAT FOR EUROPE LIKELY: END OF RATIONING

(N.Z.P.A. Keuter—Copyright.) LONDON June 6. For the first time since the war created a shortage of grains a world surplus of grains above restricted needs is probable, according to a preliminary estimate of the exportable world surplus of bread grains, wheat and ryemade by economists for American wheat industry interests. They indicate that the. volume of these grains available for export may total or exceed 920.000.000 bushels, compared with an effective demand under present policies of 875,000.000 to 900.000.000 bushels. The economists give a warning that this prospect does not mean production and conservation efforts can be relaxed, since the 1948-49 grain supply depends on weather conditions and other factors, including the exporting policies of various countries, which may influence later estimates of grains available for export. They add, however: “If weather and other conditions permit the indicated world harvest to be realised, wheat rationing .nav be ended in Britain. Belgium, the Netherlands. some Scandinavian countries rr:d possibly even in Italy and France.”