HOPE FOR FARMERS.
There it room to believe that the top price of wheat m this country will reach 60s a quarter before harvest. Already the best Fnglish white, ,w,hich is scare*, is worth 45a and the finest New Zealand long berry is quoted at 44», or Gs higher than the top quotation of- a ~year~t>£ro. The average for English last week was 37s 9d,'or'Bß higher thaa m the corresponding week of last year, and highor than it has bach m any corresponding week since 1884 when it wa* precisely the same. The reports from (he principal European countries are now worae than over. The rumorg oi partial failure of (ho winter crop m South Russia aro confirmed ; a good deal of injury has been done m Germany, Holland, and Belgium ; and even m Aus'ria-llun-o-ary last week's reports for the first time were purtiully unfavourable. As to France, the outlook there is worse ihtn ever, and a deficiency of maiy millions of quarters is certain. Cable advices, moreover, tell us that the crop m Victoria has booa overrated by (5,000,000 bushels and that tbe South Australian yield is evon smaller than it wa» exported to be, while Now South Wales is dissatisfied with the rmaltß and the Argentine Republic also. With ' ■ respect to New Zealand, it is not necessary to say that there is a deficiency and the amount of it is better known there than here. A/ainst all thoso unfavourable estimates wo have only a moderate prospect for a lute crop here and m three or four countries of Continental Europe with a rery good outlook for the winter crop m the United States. The April conditien of the American crop is 06 per cent, of a full crops condition, as compared with 84 for April 1891 and 'with 94 — for. April 1889. This ia very satisfactory no doubt, but against it there ia to be borne m mind the fact that. preparations for the spring crops are very backward scarcely any land having been ploughed by the Ist of April, and none at all m fie chief . eprjng-wbttat Statei. Under the eircunisittnces, a further ad vanca m prices seems inevitable. -English Agricultural Correspondent ' Witness.
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Bibliographic details
Ellesmere Guardian, Volume X, Issue 924, 4 July 1891, Page 2
Word Count
366HOPE FOR FARMERS. Ellesmere Guardian, Volume X, Issue 924, 4 July 1891, Page 2
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