MARKETING OF ALL OF AUSTRALIAN SURPLUS WHEAT EXPECTED
MELBOURNE, Jan. 16.
The British Food Ministry has bought 100,000 tons of flour from Australia and negotiations for the sale of 19,000,000 bushels of Australian wheat to India are almost complete.
The chairman of the Australian Wheat Board, Mr. F. H. M. Cullen, said that flour was becomnig increasingly difficult to sell for export, partly because of the increased milling capacity in wheat and flour importing countries and partly because of American competition. Deliveries of wheat throughout Australia are being made as fast as the board can handle them. About 140,000 million bushels have been received and the total is now likely to reach 190.000,000 bushels. Already nearly all Australia's guaranteed quantity under the international wheat agreement has been sold and the board expects that all the wheat export surplus will be marketed before the end of this year-
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Gisborne Herald, Volume LXXVII, Issue 23154, 17 January 1950, Page 5
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147MARKETING OF ALL OF AUSTRALIAN SURPLUS WHEAT EXPECTED Gisborne Herald, Volume LXXVII, Issue 23154, 17 January 1950, Page 5
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