RISE IN WHEAT

Grey River Argus, 12 September 1935, Page 5

RISE IN WHEAT

DROP IN U.S.A. CROP Farmers’ Outlook Better (Aus. and N.Z. Cable Assn.) (Received September 11. 9.55 p.m.) WASHINGTON, September 10. A combined wheat crop for this season in the United States, of 594 million 015 thousand bushels, which is thirty million bushels below the normal amount of wheat needed for domestic consumption, was forecast by the Government Crop Reporting Board to-day. Excluding last year’s yield, this wi i he the lowest crop since the year 1904. The average production for the years 1928 to 1932 was 861 million bushels The officials have hastened to give the assurance tha> the people’s needs wnn’d be mot. They have pointed out that there was a carry-over of 130 million bushels in storage. From the American farmers’ viewpoint. the officials declared, the sale of the wheat is estimated, if the cur rent prices hold, to return them about 045 mil ion dollars, or about one-third more money than the return from last year’s harvest