THE CORN MARKET IN EUROPE.

Globe, Volume II, Issue 141, 14 November 1874, Page 2

THE CORN MARKET IN EUROPE.

The Mark Lane Express publishes the following article, translated from the Journal des Debats, giving a detail of the harvests in different parts of Europe, according to the information collected at the International Corn Market, at Vienna :

In Austro-Hungary the surplus of wheat derived from the harvesting, relatively to the average produce (12,300,000 hectolitres in Austria, and 29,520,000 hectolitres in Hungary), is 3,075,000 hectolitres, 2,152,500 hectolitres being for Hungary and 622,500 for the other parts of the empire. The exports of flour in consequence can be 600,000 metrical quintals. The yield of rye does not show any increase in comparison with the average, which is about forty millions quintals. The exports can therefore be 1,500,000 quintals. The yield in barley has been an average one; the exports may therefore be 1,500,000 quintals. The deficiency in oats in Austria is about 1,230,000 hedolitres, but is covered by the excess derived from Hungary, The results of the maize harvest vary from one place to another. It is thought that the total produce will exceed the average (25,830,000 hectolitres, of which 22,140,000 are from Hungary.) In Prussia the yield of rye surpasses by 12 per cent that of last year—about four million and a half tons; wheat, about 2,450,000 tons; barley, about 2,070,000 tons, but this is not sufficient for the breweries of the country ; oats, 2,200,000 tons, being one-third below the average. Upon the banks of the Rhine the yield has not been abundant, but the quality is excellent ; rye, 80 to 85 per cent; wheat, 115 per cent; oats, 60 per cent; barley, 60 colza, 60 to 65 per cent. In Southern Bavaria the yield has been good, and 3,936,000 quintals of flour will be disposable for export. The surplus of the cereals for breadstuffs will be 705,000 quintals. The result of the yield of barley has been good likewise. In Upper Bavaria there has been an average harvest. In Upper, Lower Bavaria, and Franconia the quantity of wheat is upon an average, and the quality good. The quantity of barley is satisfactory, but the quality varies. The yield of oats presents in general an average. There is hope, however, that some exports may be made. The stocks of Russian rye are considerable.

In Hanover the yield of wheat promises to be very good—lo per cent above the average; rye, 15 per cent below the average. The oata are excellent, but short in the straw. Potatoes promise well. In the Grand Duchy of Baden the yield of rye will be small ; the oats and barley give also unsatisfactory results. In Wurtemberg the yield of wheat is 20 per cent, above the average ; the produce of the rye is 617,500 quintals. The quantity of barley harvested has been 812,500 quintals. There will be 562,000 quintals of breadstuflEa disposable. The total produce of cereals fit for milling purposes is about five million quintals (that is, 10 per cent above the average), of which about 4,500,000 quintals will be disposable for consumption. In Mecklenburg the yield of wheat has been abundant, and considerable quantities will be available for exports. The quality of the rye is good, but the quantity might be greater. The barleys are very fine. The oata are magnificent in the good soils, but below the average in the poor. There are fears of a bad potato crop. In Schleswig-Holstein the wheats and the ryes are in great quantity and excellent quality. The barley and the oats promise especially well. The oleaginous grains have produced largely. In Russia the quality and quantity are both generally good. The yield of rye has been good in the centre and south of the empire. The samples which have been tested show a weight of 771bs to 811bs per metzen. There is a surplus of wheat upon the banks of the Don and the Sea of Azof. The result is less satisfactory in Bessarabia. The yield is good in Poland. At Odessa and at Nicolaieff there are still considerable stocks of last year’s in hand. The barleys and the oats are short.

In Switzerland there has been a good average harvest, both as to quality and quantity; the quantity is, nevertheless, insufficient, as usual, and it will be necessary to purchase two or three millions and a half quintals. In general the produce of Austro-Hungary is preferred, but of late years recourse has been had to different markets. In Holland the wheats are of good quality, but they only suffice for one-half the consumption. It will be necessary to import about 3,600,000 hectolitres. The ryes and the barley have suffered. The yield of oats is good, and the colzas satisfactory. Hemp is deficient.