Rensselaer Republican, Volume 25, Number 48, Rensselaer, Jasper County, 27 July 1893 — WORLD'S WHEAT CORP SHORT. [ARTICLE]

WORLD'S WHEAT CORP SHORT.

American Farmers Should No* SHI at Pr«»«s* BTce*; ; . The St. Louis Journal of Agriculture, treating editorially condition of the present wheat crop and the probable advance in prices, says American and European authorities agree that the world’s deficiency will be els. The most reliable figures place the total American crop of 1893 at about 383,900,C00 bushels; England will want probably 250,000,000 bushels, and the home trade needs 370,000.00) The Journal belleves that in view of the fact that the American crop is 130,000,000 short as compared with last year and as Europe with a short crop is now grabbing up American wheat as fast as she can withovt attracting - too ■ much attention, the time has come when American farmers should not sell a bushel of wheat at present prices. For granting, it says, that prices do not advance, it will pay much better to feed’to stock than to sell at present figures.