WORLD WHEAT CROPS.

New Zealand Herald, Volume LXVII, Issue 20607, 4 July 1930, Page 9

WORLD WHEAT CROPS.

ADJUSTMENT OF ACREAGE. WASHINGTON'S ADVICE, (Received July 3, 5.3 p.m.) WASHINGTON, July 2. The Department of Agriculture in a special report on tho world wheat outlook says an extensive adjustment of the wheat acreage must be made if production is to be profitable to the growers in tho next six to ten years. This is necessary to meet the intensified competition in the world markets owing to increasing production in other countries and the lack ot demand. Discussing the necessity of looking forward for longer periods than before the report says the wheat area in the southwestern Strifes of America in 1919 was 14,000,000 acres larger than in 1910, while those of Argentina, Canada and Australia were 28,000,000 acres larger. The expansion in the last few years was made possible by improved equipment, new wheat varieties, and improved cultivation practices, particularly where the rainfall was scanty. Thus wheat had been raised on lands "hitherto thought to he unsuited to it. Large areas of such lands were still available at low costs in the important surplus-producing countries. Within the next decade Russia was likely to re-enter tho export field as an important competitor.

CHICAGO QUOTATIONS. CHICAGO. July 2. Wheat. —July, 91J cents per bushel; September, 95J cents; December, 1 dollar cents. PEDIGREE JERSEY SALE. BULL REALISES £162. BEECHLANDS STUD STOCK* [BY TELEGRAPH. —OWN CORRESPONDENT.] HAMILTON. Thursday. The annual Bale of Beechlands stud Jersey cattle was held at r le Rapa> to-day. A. lar"e number of buyers was present and the bidding was brisk throughout. The offering comprised stud cows, in-calf heifers and yearlings, and two-year-old bulls. i.ne top price of the sale, £lO2 15s, was paid for the bull Beechlands Royal Raleigh, by ilr. J. Entwistle, of Fencourt. The top price jealised for a cow was £lO5, paid, by Mrs. Paul, of Opotiki, for Beechlands Frolicsome. Mr. G. T. Niccol, of Clevedon, paid £lO5 for tho heifer Beechlands Bright Jewel. Following were the principal sales:— t Bulls.—Beechlands Royal Raleigh. Mr. J. Entwistle, Fencourt. £lO2 15s; Beechlands Gay Raleigh. Mr. It. Harper, Otorohanga, £lls 10s; Beechlands Fair Raleigh, Mr. A. W. Hood, Otorohanga, £57 15s; Beechlands Noble Raleigh, Mr. J. F. Shepherd, Opunake, £47 ss; Beechlands Soiiniße Lao. Mr. W. G. Reece, Opotiki, £O3; Beechlands Victorious, Mr. A. J. Harris, Bombay, £57 13s. Cows .—Beechlands Lilly, Mr. J. Cob, West Tamaki, £53 lis; Royton Emerald, Mr. W. A. Maunsell, £55 2s Gd; Beechlands Frolicsome, Mrs. Paul, Opotiki, £105; Beechlands Gipsy Laddy, Mr. S. I. Crookes, Auckland, £O3; Beechlands Lady Joy, Mr. O. R. Polhill, Puketaha, £4B 6s: Beechlands May Lady, Mr. O. J. Cummings, Napier. £42. Heifers.—Beechlands Bright Jewel, Mr. G. T Nircol, Clevedon, £105; Beechlands Joyous Queen, Mr. Niccol, £7B 15s; Beechlands. Enchantress, Mr, W. A. Maunsell, To Rapa, £44. Tho auctioneers were the Farmers' Auctioneering Company, Limited, and the New Zealand Loan and Mercantile Agency Company, Limited. STOCK SALES. VALUES AT PUKEKOHE. [BY TELEGRAPH. —OWN CORRESPONDENT.] PUKEIvOHE, Thursday. Dairy cowa and heifers close to profit were in good demand at the stock sale at Pukekohe to-day,- conducted by Messrs. Alfred Buckland and Sons, Ltd. Best sorts made £l2 10s to £'l7; other good sorts, £ll to £l2 ]os; and backward cows and heifers, £6 to £0 10s. Of beef, the yarding was small. Fat steers realised £lO to £ll 10s; fat cows, £7 10s to £9 7s 6d; boner cows, £2 10s to £5 2s Cd; and store cows, £3 to £5 15s. Fat pigs were also received in smaller numbers than at other times of the year and prices were on a par with Westfield rates of yesterday, choppers bringing £2 to £3 J4»: heavy bueoners, £3 3a to £3 9s; light and medium baconers, £2 17s to £3 10s; heavy porkers, £2 12s to £2 16s; light and medium porkers, £2 2s to £2 8»; and small and unfinished porkers, £1 16s to £2. Store pigs were in keen demand and prices rose, best stores realising £1 'l6s to £2; slips, £1 9s to £1 13s; good weaners, £1 4s to £1 8s; and smaller weaners, 15s to £1 la.

HIKUTATA QUOTATIONS. The Farmers' Co-operative Auctioneering Company, Limited, reports that at the Hikutaia sale there was n lieavy yarding: of dairies and a small yarding of beef. Prices were:—Pigs: Good stores, £1 19s: slips. £1 Is to £1 9s 9d. Jersey cows, £l2 to £ls; more backward sorts, £7 10s to £10; heifers, £8 15s to £lO 15s: fat cows, heavy, £7 10s "to £8; lighter, £5 10a to £6 19s; stores, £2 Cs to £4 10s. COUNTRY CLEARING SALES. The New Zealand Loan and Mercantile Agency Company, Limited, Hamilton, reports that it held a successful clearing sale on account of Mr. S. J. Ferguson, of Pukentua. The cows, which were in good condition, but rather backward in calving, met with brisk competition. Prices were: Best dairy cows, £l2 to £l3 10s; other dairy cows, £9 to £11; backward sorts, £7 to £B. The Farmers' Co-operative AuctioneeringCompany, Limited, reports that it held a successful clearing sale yesterday on account of Mr. C. E. Foote, To Aroha West, when his whole herd of 55 cows were sold ut satisfactory prices. Competition was keen throughout. Prices werei: Choice young Jersey cows, close to profit, £l9 to £26: due September, £l4 10s to £18; Jersey and Jersey cross cows, later calvers, £9 to £34; choice Jersey heifers, close to profit, £ls 10s to £2O; choice Jersey heifer calves, £G 12s 0d to £7 2s 6d- others, £3 5s t,o £5 ss; 3-year pedigree Jersey bulla, 30 guineas to 35 guineas; 2-year pedigree Jersey bulls, 18 guineas to 24 guineas; yearling Jersey bulls, 9 guineas; active young farm horsc-s. £33 to £4B, lighter sorts, £24 to £25; sows with litters, £lO 2s 6d to £l3 10s; bows in pig, £(i 10s to £9. G. W. Vercoc and Company. Limited, report having held a clearing sale on account * of Mr. H. Whittakcr, of Gordonton, yesterday; The cowa came forward in good condition, and met with keen competition. • The herd averaged £ll ss. Good Qualify Jersey, Shorthorn and Holstein cows sold from £l2 10s to £ls ss; later calvers, £lO to £ll 10s; backward, £7 5s to £9 15s; heifer calves, £2 ss; farm horses, £S to £ 16. The Farmers' Co-operative Auctioneering Company, Limited, report having held a successful clearing sale on account of Mrs. B. Cryor r.t Wharepoa. There was a good attendance of buyers and competition was keen, the herd of 53 sound cows averaging £ll 15s od. Well forward Jersey and Cross cows made £ll 10s fo £l6 10s; backward sorts. to £lO 10s; forward Shorthorn mid Cross cows, £l2 to £l4 ss; backward sorts, £8 to £9 10s: Mireequarter cows, £6 to £l2 ss; backward Shorthorn heifers, £5 10c to £S.

MATAMATA PRICES. Mesgrs Dainty and Company held usual fortnightly stock sale lit Matnmata on Wednesday. There were average yardings of beef and store cattle. Prices were: Prime fat cows, £8 15s to f9 ]os: lighter fat cows, £7 to £8 10a: fresh conditioned cows, £5 lis to .£(> 5--.; others, £4 2s to £5 ss; fat lambs, Mis Cd; small storo pisra ISs; large stores, 27s Cd to 20s fid. AUSTRALIAN PRODUCE. (.Received July 3, 11.2.5 p.m.) SYDNEY, July 3. Tlio following are to-day's quotations on the Sydney produce market,:— Wh'cat.—Bulk, 4s lid; bagged, 4s 2jd. Flour.—£lo ss. Pollard. -£7 10s. Bran.—£,7 10s. Potatoes —Tasmanian, £8 to £9 10s; Victorian, £7 10s. Onions.—Victorian, brown, £6 10s. Oats.—White, 4s to 4s 3d; Algerian, U 4s 6d. Maize.—ss Bd. Adelaide prices are:— Wheat.—4s 3d. Flour.—£ll ss. Bran and Pollard.—£7 15s. Oats.—3s 6d.