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COFFEE-WHEAT EXCHANGE

UNITED STATES AND BRAZIL.

By Telegraph—Frees Assn.—Copyright.

Washington, August 21.

An agreement was signed torday between the Brazilian Government and the Federal Grain Stabilisation Corporation for the exchange of 1,050,000 bags of coffee for 25,000,000 bushels of surplus wheat. Details will be published later.

In addition to the coffee involved,, an additional quantity of coffee will be used for paying a New York concern for its grading and granary services.

It is understood that the coffee will be released for consumption in monthly allotments, but not until after a year has elapsed.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19310824.2.97

Bibliographic details

Taranaki Daily News, 24 August 1931, Page 11

Word Count
94

COFFEE-WHEAT EXCHANGE Taranaki Daily News, 24 August 1931, Page 11

COFFEE-WHEAT EXCHANGE Taranaki Daily News, 24 August 1931, Page 11