COMMERCIAL
PRICE OF WHEAT (By Telegraph-Special to ‘‘The Mail”) CHRISTCHURCH, 16th January. With the prices for practically every farm product showing very substantial reductions on the rates ruling a yearago, it will come as a pleasant surprise to wheatgrowers of New Zealand to learn that the wheat pool lias declared prices for forward delivery that show a comparatively small drop. Tuscan, the principal wheat grown in Canterbury, is quoted at 5s lOd f.0.b.. Lyttelton, as compared with 6s Id at the opening o f the 1930 season, and it is confidently expected in well-informed circles that unless wheatgrowers outside the pool panic in an attempt to realise quickly on their crops that price will be maintained.
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https://paperspast.natlib.govt.nz/newspapers/NEM19310117.2.121
Bibliographic details
Nelson Evening Mail, Volume LXIV, 17 January 1931, Page 12
Word Count
116COMMERCIAL Nelson Evening Mail, Volume LXIV, 17 January 1931, Page 12
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