AMERICAN WHEAT
AN OFFICIAL SURVEY
United Press Association—By Electric Teleeraph—Copyright. (Received 17th February, 10.30 a.m.) NEW YORK, 15th February. The Washington. Department of Agriculture's survey indicates that favoured by a decline of approximately forty million bushels in the visible wheat supply since the peak in last October, an improvement in wheat prices from the recent market decline appears likely during the next few •weeks. The total of the visible supply is still larger by 37 million bushels than in 1929. Prices for wheat would remain on the average for January, due to a decline in market prices. The price that month declined from 1 dollar 26 cents to 1 dollar 18 cents. The world wheat situation is reported unchanged with foreign demand for American wheat remaining "disappointingly weak." No attempt is made to forecast j the 1930 wheat crop, but "the condition! of winter-sown crop must be watched closely for the remainder. of the season."
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Bibliographic details
Evening Post, Volume CIX, Issue 40, 17 February 1930, Page 12
Word Count
155AMERICAN WHEAT Evening Post, Volume CIX, Issue 40, 17 February 1930, Page 12
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