GRAIN OUTLOOK
A CANADIAN SUMMARY THE CONTROLLING FACTORS OTTAWA, June 23. Tho Dominion Bu eau of Statis ’cs, in isuing a grain outlook sv imary, on t 1 c instructions of Ihc Minister of Trade, declares: Without discounting the unfavourable factors tho present situation is more encouraging than for some months. Low European w eat stocks, decrease I acreage in many countries, and the unfavourable crop prospects in North America are factors which might; bring about an increase in j ’’co. Depressing factors aro the huge stocks in Canda, the world depression, and reduced buying power reigning, lhe self-sufficiency of ?’uropean importers, the large United States winter wheat crop, the sharp falling qff in the export demand this month, and the uncertainty of the lu-.-ian situation.
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Wanganui Chronicle, Volume 74, Issue 148, 25 June 1931, Page 9
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126GRAIN OUTLOOK Wanganui Chronicle, Volume 74, Issue 148, 25 June 1931, Page 9
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