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RUMANIAN WHEAT

NONE AVAILABLE FOR NAZIS BIG REDUCTION IN HARVEST LINKED UP WITH AXIS (United Press Assn.—Elec. Tel. Copy rig-lit) (Received Aug. 23, 11 a.m.) BUCHAREST, Aug. 22 Experts estimate that Germany will receive no wheat from Rumania this year, compared with 2,000,000 tons last year. Floods, mobilisation and territorial losses have reduced the year’s harvest to 1,850,000 tons. The internal consumption alone is 2,620,000 tons. The Minister of National Economy, broadcasting announced that Germany recently agreed to buy the whole surplus cereal production in Rumania at stable prices. The German purchases would enable Rumania to import modem agricultural equipment. By joining the Axis Rumania had definitely entered the new economic organisation of the Continent. The Government would receive higher prices for agricultural products and lower prices for industrial products. The Minister admitted a drop of 1,000,000 tons in the wheat crop.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19400823.2.53

Bibliographic details

Waikato Times, Volume 127, Issue 21199, 23 August 1940, Page 5

Word Count
142

RUMANIAN WHEAT Waikato Times, Volume 127, Issue 21199, 23 August 1940, Page 5

RUMANIAN WHEAT Waikato Times, Volume 127, Issue 21199, 23 August 1940, Page 5