SURPLUS OF WHEAT
AMERICAN CROP ESTIMATED. POSITION LITTLE IMPROVED. By Telegraph—Press Assn.—Copyright. Rec. 8 p.m. Washington, Nov. 4. An American wheat crop of approximately 800,000,000 bushels in 1935 was forecast to-day in the report of the Bureau of Agricultural Economics at the conclusion of a week’s conference on exports. The report concluded: “The chances are good that the United States will have a considerable export surplus of wheat next year.” The experts found little improvement in the world wheat situation, decreases of the wheat area in the United States and to a lesser extent in Canada, Argentina and Australia having been largely offset by increases in Europe. “Import barriers against wheat remain very high in most Continental European countries,” the report states. “A further improvement in the world wheat situation may be expected, but it will presumably be slow.”
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Taranaki Daily News, 6 November 1934, Page 7
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139SURPLUS OF WHEAT Taranaki Daily News, 6 November 1934, Page 7
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