WHEAT PRICES
EFFECT OF RUSSIAN CUTTING
"TERBIBLE SITUATION"
S.--..1 (Received.:23fd September, 12.10 a.m.) f: .. . ■ . LONDON, 22nd September.
■ Price-cutting of Russian wheat, according to a" leading member of the Corn Exchange,, has knocked, the'bottom from tbe"market,to-day. He said: ''I cannot remember, such a terrible eitualion in the grain industry.. Prices here and in Liverpool'.'are'ridiculously' lotv.
"This wheat is grown in Russia by serfs, thus it- can' be marketed at a lower lever than British Empire wheats. The Soviet lias a huge fleet-of vessels, which are directed by wireless to the most favourable dumping ports." .:•'■. . Another . Baltic, exchange, expert says the-J-Jus'siana are offering grain at rates at, much less than their own half-starved population can give for it. /
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https://paperspast.natlib.govt.nz/newspapers/EP19300923.2.116.5
Bibliographic details
Evening Post, Volume CX, Issue 73, 23 September 1930, Page 12
Word Count
116WHEAT PRICES Evening Post, Volume CX, Issue 73, 23 September 1930, Page 12
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