Democratic Sentinel, Volume 13, Number 38, Rensselaer, Jasper County, 11 October 1889 — WHEAT MUST GO UP. [ARTICLE]

WHEAT MUST GO UP.

This Country Likely to Be Called Upon to Increase Her Shipments to Europe. According to the raport prepared by the Baltimore Journal of Commerce on the wheat supply and re* quirements, the United States will be called upon to fill the European maw to the extent of 15,000,00') quarters this year. Estimates made in England place her requirements at 16,000,000 quarters; Frande, 2.000,000; Belgium, Holland, and Germany, 2,000,000 Supplies are to come to the the extent of 4,000,000 quarters from India, 15,000,<>00 quarters from the Uuited States, and 11,000,000 quarters from Russia. England has never during the last five years imported less than 15,498,1)00,000 quarters, and after producing 9,000,01)0 quarters in lgß4 imported 18,224,000 quarters in the same year. Last year Saw these imports nearly equaled, and it is probable that the estimates on her wants this year are much too low. The average net imports for tpn years of wheat and flour into France is 5,500,000 quarters and wants are placed by the United States statistical agent in Europe at 4,000,000 quarters. As to supplies, India shipped a fraction over 4,000,000 quarters in the last crop year, and since the beginning of the present crop year, April 1, is nearly 1,000,000 quarters behind last year’s movement. Chili, Argentine Republic, and Australasia have a paltry 4,000 quarters on passage to Europe. Russia shipped 13,242,000 quarters in 1888, 5,540,000 quarters in 1887, and is looked to for 11,000,000 quarters this year. In large exporting districts in south Russia the production varies from 60 to 20 per cent of an average. The heaviest crops as reported by the government are beyond reach of railroads and may be counted as nil in international commerce. Shipments since Jan. I show a decrease compared with last year of 400,000 quarters, and 1887’s output is not likely to be exceeded. In summing up the report says: “With a crop of 456,000,000 bushels in 1880 we managed to export 154,000,000 bushels, notwithstanding the previous crop had been a comparative failure, yet the highest point reached by No. 2 red in our market was 97g, and during the greatest portion of the year was under 90. Although we produced 488.000,000 bushels this year a considerable portion is not suitable for shipment, and with stocks depleted as they were at the beginning of the crop year any demand such as the present situation suggests must result in values considerably higher than the present level.” H. Stockenstrom. Minnesota Commissioner of Statistics, has prepared a table showing the acreage and yield of the principal cereals of the State for 1889. The report places the wheat yield at 45,498,205 bushels; corn, 22,115,679 hushels; oats, 48,253,799 bushels; barley, 9,105,209 bushels, flax, 1,647,622 bushels.