THE WHEAT PROBLEM.

Timaru Herald, Volume XCVIII, 29 April 1925, Page 11

THE WHEAT PROBLEM.

FAIR COMPROMISE ARRIVED AT. ■r By Teleirnph—Pre»« AuoaUtlon. CHRISTCHURCH, April 28. :The readjustment of prices .announced ps a result of the Conference at Wellington • last Thursday has put a different feeling into the wheat business. Millers have made a very substantial, concession on preceding figures by increasing the price of whept by 6d per bushel, and decreasing the price of flour by £1 per ton.. Thei-e is; a “come back” in the increased prioe of bran and pollard, sales of which are permitted at up to £8 and £9 respectively, as , against £5 10s and £6 10s. - Tho definite 'Statement of the Minister of Agriculture /that there Jias ;! : been no dumping of* Australian flour, : a'hd that the Government will consider the imposition of a dumping duty if cirf ciimstances warrant' it, has given the | milling tr,ade a large measure of the j assurance it wanted. It is'npderstood I that where the Government imports wheat for the Millers after the local wheat is cleared up, it will not bear the duty of $d a bushel,* All round, ; it?:6eems - ' solution ‘of a problem with a good many complexities, in the meantime; growers have commenced to offer their wheat more freely. A conference of growers-. arid ■ millers will he held at Ashburton next week to discuss maters An. relation to next year’s crop. The cyrt position is unchanged. Farmers are offering little in the meantime, but enough are coming forward to ?neet the > m-s ••■« The seed market is dull. Potatoes have eased, ,and are. now quoted at £3 10s, on trucks. The offerings are very small, farmers in som® cases preferring to pit, .before accepting less than £4. -'. ■ Onions have firmed in price, and are now quoted at £7 10s per ton, on trucks.