WORLD WHEAT PROBLEMS.

Timaru Herald, Volume CXXXIV, Issue 18844, 6 April 1931, Page 9

WORLD WHEAT PROBLEMS.

Growers Seeking Markets. SHANGHAI RAISES BARRIERS. United Press Association—By Electrle Telegraph—Copyright (Received April 5, 6.5 p.m.) SEATTLE, April 4. The grain exporting interests here on Saturday received word that the municipality of Shanghai has placed an embargo on the importations of foreign wheat from all sources, as the result of the decision to aid the Chinese farmers, whose crops will commence to come into the market in June. The prohibition, which will become effective on April 1, has been protested against by all milling interests at Chinese ports, so it is reported, but advices here were to the effect that the millers did not expect the city government to recall the embargo. While hesitant to accept the report of the Shanghai embargo pending confirmation, Vancouver grainmen regard the action if true as serious. Vancouver has been shipping about a million bushels per month, with several cargoes en route, and future bookings are reported. IS CANADA AFFECTED? STATEMENT BY EXCHANGE PRESIDENT. United Press Association—By Electrlo Telegraph—Copyright (Received April 5. 6.40 p.m.) VANCOUVER, April 4. While no word has been received in Vancouver of the Shanghai embargo, Mr Robert McKee (President of the Vancouver Grain Exchange) stated that if the report were true, it would not seriously affect Canadian exports, which had dropped off since January, owing to Australian competition. STATUS OF RUSSIANS. NOT WANTED AT WHEAT CONGRESS. United Press Association—By Electrlo Telegraph—Copyright ROME, April 3. The Russians have not allowed the Wheat Conference to end in harmony. They condemned all committee reports, and thereafter Professor Kritzmann assailed the organisation of the Conference.