WORLD S WHEAT
A RECORD SURPLUS. (United Press Association —By Electric Telegraph—Copyright). (Received this day at 8 a.m.) LONDON, September 27. Tho “Financial Times” publishes / H. M. Bathgate’s estimate of the world wheat crop, which is probably a record for export. United States production is' 11.5* million quarters which is half a million above the previous record and is likely to show ah exportable surplus of at least - thirty-five millions. The world’s balance sheet of tho season ending 31st July, 1929, shows supplies 145 millions; requirements of importing countries 96 millions, leaving a surplus of 49 milions, whereto must 4>e \ added 35 millions, the surplus carried forward on 31st July, 1928, making a <rross surplus for two seasons of 85 million above all requirements.
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Hokitika Guardian, 27 September 1928, Page 4
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124WORLD S WHEAT Hokitika Guardian, 27 September 1928, Page 4
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