UNITED STATES WHEAT.
POLICY OF FARM BOARD. GOVERNMENT'S SUPPORT. l (Received .)u!.y 17, f>.f> p.m.) I WASHINGTON". July 16 it i.s announced definitely that the I Fedora! Farm Hoard will liny no more t wheat for a considerable period. Until the present surplus is reduced I through a voluntary decline in produc- ■ tion by gioweis, until the supply prae ' tically equals the domestic consumption i <>r there is a decline in the world's sup plies, the stabilisation features of tho ( Agricultural Marketing Act will not be | invoked again. In the meanwhile it is stated that the i ; board will tiold the 69,000,000 bushels it i purchased last spring until the price reaches a poin equal to flint paid for it. i Apparently the Government is determined to continue to sanction this attitude of the board in spite of the possible ' effect ou its political fortunes.
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Bibliographic details
New Zealand Herald, Volume LXVII, Issue 20619, 18 July 1930, Page 11
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145UNITED STATES WHEAT. New Zealand Herald, Volume LXVII, Issue 20619, 18 July 1930, Page 11
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