DECREASE IN WHEAT.
WORLD FACES A SHORTAGE. LESS THAN FOR MANY YEARS. By Telegraph.—Press Assn.—Copyright. Received June 11, 5.5 p.m. Washington, June 10. The foodstuffs division of the Department of Commerce has issued a statement that the world faces a shortage of wheat, which will begin to be felt at the end of June. The world’s wheat stocks will be lower than for several years, since both Argentina and Australia have considerably less than last year. The United States carry-over will be light, only Canada having considerable stocks in "hand. The upward trend of European consumption indicates a larger demand than last year, whereas the prospects are for smaller crops. International trade will, until next February, be dependent largely for supplies upon the North American surplus and a limited quantity from India.—Aus.-N.Z. Cable
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Taranaki Daily News, 12 June 1922, Page 5
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133DECREASE IN WHEAT. Taranaki Daily News, 12 June 1922, Page 5
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