WHEAT SURPLUS.
SMALL IN AMERICA. WASHINGTON, Sept. 26. The Department of Agriculture estimates the world wheat surplus this year to be the smallest for thirteen years, about 330,000,000 bushels less than in 1934-35, due to short crops in Argentina, Australia and the United States. Officials agreed that a considerable amount of high-grade wheat to mix with United States wheat must bo imported, from Canada. With almost two-thirds of the world carry-over, Canada’s holdings will dominate the world markets. The world wheat production is estimated at 3,430.000,000 bushels. The world carry-over outside Russia amounts to 80,000,000 bushels, so the total available will be about 4,230,000,000 bushels. Short crops this year will reduce the carry-over by the end of the season to between 400 and 500 million, bushels, not much more than the normal world carry-over prior to 1928.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19350928.2.103
Bibliographic details
Manawatu Standard, Volume LV, Issue 258, 28 September 1935, Page 9
Word Count
137WHEAT SURPLUS. Manawatu Standard, Volume LV, Issue 258, 28 September 1935, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.