THE WHEAT CROP OF THE WORLD.
A very comprehensive revie ir of the probable requirements and supplies of wheat throughout the greater part of the world during the new cereal year has appeared in Beerbohm’s List ; and as last year’s estimates by this authority have turned out remarkably near the truth, the present . calculations are entitled to some amount of confidence. The details of the estimates are fully worked out and explained in the article, but the following summary must suffice :
These quantities, which include flour reckoned in wheat equivalents, show a probably deficiency of 9,000,000 quarters, whereas last year the quantities about balanced. The conclusion is that, although the deficiency will be somehow made up, it can only be by drawing upon reserve slocks all over the world, the effect of which upon prices can scarcely fail to be great and gradually increasing. As to reserve stocks, it is possible that they may have been overrated. At any rate, many persons will learn with surprise that returns of wheat and flour held in seven of the eight principal grain ports of the United Kingdom, with the estimated quantity for London added, show a surplus equivalent to only 220,000 quarters of wheat over last year’s stocks ; and Beerbohm puts the total reserves of the United Kingdom at only 500,000 quarters in excess of last year’s total. A similar calculation for the extra reserve stocks in the United State* is 6.000. quarters, to which are added 2.00. quarters of the new £ mencan crop, and 1,000,000 quarters for Canada, to make the total quantity available for export in ths two countries.
Country. Probable Requirements. Probable Export Surplus. United States and Quartan. Q u artsn. Canada ,,, 9,000,000 United Kingdom 17,500,000 France 5,500,000 Belgium 2,000,000 Germany ... 2,000,000 Holland 1,000,000 Austria-Hungary ... 1,000,000 Russia and Boumania... ... 6,500,000 Switzerland ... 1,500,000 Italy 1,500,000 ..s Spain and Portugal ... 1,000,000 6,500,000 2 000,000 India ... ... Australia and Chili ... West Indies and China 2,500,000 ... Greece... , 500,000 ... Egypt and Sundries ... 1,000,000 Totals 35,000,000 26,000,000
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TEML18851231.2.18
Bibliographic details
Ngā taipitopito pukapuka
Temuka Leader, Issue 1448, 31 December 1885, Page 3
Word count
Tapeke kupu
331THE WHEAT CROP OF THE WORLD. Temuka Leader, Issue 1448, 31 December 1885, Page 3
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in