FUTURE OF WHEAT.
PROSPECT FOR NEW MARKET. NOT CONSIDERED BRIGHT. United Press Assn. —Klee. Tel. CoDyrlght. (Received July 2D, 1.45 p.m.’) REGINA, July 28. The grain conference to-day heard tn outline of Australia's methods of marketing hy the Minister of Commerce, Mr F. H. Stewart. Mr C. W. Petersen, a Calgary agriculturist, said he could see few new markets within the immediate future, with little prospect of the wheat demand overtaking production. The Orient could not be considered as a new market for many years. Chinese farmers even now were seeking protection against importation, ■ particularly from Australia'and Argentine. PRICES FORCED DOWN. United Press Assn.—Elec. Tel.v Copyright. WINNIPEG, July 28. Profit taking and continuous selling forced wheat futures down 7 3-8 cents to C 5-8 cents to-day. They also dropped five cents, the new limit allowed at Chicago.
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Waikato Times, Volume 114, Issue 19010, 29 July 1933, Page 6
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137FUTURE OF WHEAT. Waikato Times, Volume 114, Issue 19010, 29 July 1933, Page 6
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