Wheat situation

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Title:
Wheat situation
Uniform Title:
Wheat situation (Washington, D.C.)
Physical Description:
v. : ; 26 cm.
Language:
English
Creator:
United States -- Dept. of Agriculture. -- Economics, Statistics, and Cooperatives Service
United States -- Dept. of Agriculture. -- Economics and Statistics Service
Publisher:
The Service
Place of Publication:
Washington, D.C.
Frequency:
quarterly
regular

Subjects

Subjects / Keywords:
Wheat trade -- Statistics -- Periodicals   ( lcsh )
Wheat trade -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
federal government publication   ( marcgt )
statistics   ( marcgt )

Notes

Statement of Responsibility:
Economics, Statistics, and Cooperatives Service, U.S. Department of Agriculture.
Dates or Sequential Designation:
WS-1 (Nov. 1936) - WS-254 (Nov. 1980)
Issuing Body:
Issued, 1936- by the Bureau of Agricultural Economics; <Oct.-Dec. 1953>-Feb. 1961 by the Agricultural Marketing Service; Apr. 1961-Nov. 1977 by the Economic Research Service, U.S. Dept. of Agriculture; Feb. 1978- by the Economics, Statistics and Coopertives Servie, U.S. Dept. of Agriculture; <Nov. 1980-> by the Economics and Statistics Service, U.S. Dept. of Agriculture.
General Note:
Cover title.

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University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 000349017
oclc - 04015593
notis - ABY6688
lccn - 78643652 //r812
issn - 0364-2305
Classification:
lcc - HD9049.W3 U66a
ddc - 338.1/7/3110973
System ID:
AA00012162:00049

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A-


UNITED STATES DEPARTMENT OF AGRICULTURE
BUREAU OF AGRICULTURAL ECONOMICS
WASHINGTON


T H E H A T I T U A T 1.0 N
THE WHEAT S I TUAT I ON
--eeeeeeeeeeeee- --------- ---- --


WS-39


JANUARY 26,


WHEAT: PRICES. PRICE MARGINSTARIFF LEVEL,
AND IMPORTS. 1922-39


CENTS
PER
BUSHEL
175

150

125

100

75

50

25

0


50

25




-25


BUSHELS
MILLIONS I
4

3

2

1

0


UIl. SOPARTIME OF AGRICULTURE


INE 31i24 BUREAU OF AGRICULTURAL ECONOMICS


THE PRICE OF WHEAT AT MINNEAPOLIS DURING THE CURRENT SEASON HAS
BEEN HIGHER THAN USUAL RELATIVE TO THE PRICE AT WINNIPEG, IN SPITE
OF LARGE DOMESTIC SUPPLIES. THIS HAS BEEN LARGELY THE RESULT OF THE
OPERATION OF THE AGRICULTURAL PROGRAMS, LARGE QUANTITIES BEING STORED
BY FARMERS, AND POOR PROSPECTS FOR THE 1940 CROP. THE MARGIN BETWEEN
THE PRICE AT MINNEAPOLIS AND THE PRICE AT WINNIPEG VARIED LITTLE FOR
JULY-NOVEMBER BUT IN DECEMBER IT WIDENED. IN THE PAST IMPORTS HAVE
TAKEN PLACE WHEN THIS MARGIN HAS APPROXIMATED THE AMOUNT OF THE TARIFF.


1940


S3 .4 lI






WS-39 2 -


THE WHEAT SITUATION


Sunm ary

Domestic wheat prices during the next few months will depend largely

upon the volume of overseas sales of Canadian wheat, general business condi-

tions, and the manner in which farmers dispose of wheat now -jnder loan. The

market apparently will be able to absorb a reasonable volume of sales with-

out much price effect if the wheat loans are liquidated in an orderly manner

but a lar-e volume of sales in any short period of time might have a tempo-

rarily depressing effect upon prices.

Wheat prices in the United States continue high in comparison with

prices in other countries. Prices of hard winter wheat at Gulf ports are

between 28 and 30 cents above export parity, while prices of domestic spring

wheat at Buffalo are only about g cents lower than appro-irmately the same

quality of Canadian wheat, c.i.f., duty paid, at Buffalo.

During the past month about one million bushels of wheat, including

flour, from the Pacific Northwest were sold to eastern United States markets.

On December 29 it was announced that effective Jzinurr.r 3 indemnification

of export sales of United States wheat -nd flour was to be discontinued,

except for flour exports to the Philippines. However, on January 19 the

program to indemnify exports of both '"heat and flour from the Pacific Coast

to China andHosgKong was -,in made effective, and as a result sales to

eastern United States markets are eTpected to be greatly reduced. At present,

price differentials are not favorable for such domestic sales.

The disappearance of v.heh.t from United States farms July-December was

607 million bushels, or 104 million bushels less than a year earlier, but







ws-39 3 -

19 million bushels more than the 10-year (1928-37) average.

Exports of wheat, including flour, by the seven countries for which

figures are available or estimates ere possible for the July-December

period in 1939 were about the same as in the corresponding period of 1938.

Supplies for export or carry-over for Canada, Argentina, and Australia as

of January 1, 1940 are estimated at 646 million bushels compared with 529

million bushels a year earlier and 2F6 million bushels in 1937.

World wheat supplies for the year beginning July 1, 1939 are now

estimated to be about 270 million bushels more than for the preceding year.

World stocks of old wheat on July 1, estimated at 1,1S9 million bushels,

were about 590 million bushels more than a year earlier. On the other hand,

world wheat production is now estimated at 4,279 million bushels, or about

320 million bushels below the record production of 1938. Th present world

production estimate is 27 million bushels higher than the estimate of a

month ago, largely as the result of increases reported for Canada and

Turkey.

No ihrke:d chnnr~ in the wheat acre,--'- for the 1940 crop in Europe

is expected. The condition of the fall-sown crop in western and northern

Europe is, on the whole, satisfactory though crops in some areas of

these countries have been eYpo~d1 to extreme cold while only partially

protected i;. snow cover. Cold weather is reported to have caused crop

d.m -: in Blgium, and floods in Portugal and Spain have damaged crops

there.



l/ All references to world. .creag nupplic~s, production, and stocks in
this report exclude the U.S.S.r*. ;nd China, except "here noted.







ws-39


THE WORLD VWHAT SITUATION 2/

BACK VRCUTD.- Total world supplies of wheat increased
sharply from 1924 to 1933, largely as a result of increased
acreage. From 1934 to 1936 world supplies declined,
following successive years of small yields End increased
world demand. Supplies increased slightly in 1937. With
the return of more normal yields on the large -creagc,
supplies in 1938 rnd 1939 were 7g-in large -- the largest
on record.

Total world shipments of whept aver~?ed 751 million
Sbushels for the period 1923-37, reached P peak of 913
million bushels in the year beginning July 1928, 'nd then
declined sh-rply, largely as a result of the measures taken
by importing countries to rreuce the use of foreign wheat.
World shipments were 598 million bushels for the year be-
ginring July 1, 1938, and they are expected to be Eome-
.,!h-t less during the current season.

World wheat prices declined in the period 1924-33
with the increase in .world supplies. The shr-, decline in
prices after 1929 :was cruse-. largely by the gcncral decline
in industrial activity nld commodity prices. From the
spring of 1933 to the summer of 1937, w-.orld wheat prices
moved upward, reflecting world-wide recovery in commodity
price levels, currency clepreci !tion, -nd reduced production.
The world price for the 1937 crop remained practic-lly un-
ch,.n-er from th't of 7 yocr earlier. In 193g world prices
,.gain declined sharply rs a result of th,' record world
prc.,ultion nnd the weakness of demrnnd. In Irovcr.rT and
December 1939 prices adv-,nced, influrene. by, t:-.. urc-rean
war zlnd by poor crop prospects in Ar-r,-ntin- r.n the United
States.

E r t .: 19i 9 world whcl: production re..i .-ed unwIrd

The world production of wheat in 1939 ir no.' e-tin:'t-d -t 4,279
million bushels, or 318 million bushels less th-n the I'." production
(T'ble 1). The current estimate for 1939 is -bout 27 million bushels
hi.Ter than the December estirmte, largely -s the res:ilt of increases re-
ported for Cr's.-.. and Turkey. The Dominion Bureau of Statistics now
estimates the C-.nadian whe-t crop for 1939 -t 8.9,623,000 bushels ,nd has
revi:-ei the 1938 crrop to 360,010,000 bushels.



2/ All references to world acreage, supplies, production, and stocks in
this-report exclude the U.S.S.R. and China, except -.here noted.


- 4-






WS-39 5 -

Table 1,- Production of wheat in specified.countries, "1936 to 1939


Country : 196 1937 1938 : 1939
.


: 1,000


NORTK-H- HiMISPFIEI :
North America:
United States ......:
Canada .............:
Mexicn .............:
Total (3) ........:
Eurcpe:
England and Wales ..:
Scotland ..........
Northern Ireland ...:
Ireland ............:
Norway ... ........ .:
Sweden .............
Denmark ............:
Netherlands ........:
Belgium .............:
France ..............
Spain ........... ..:
Luxemburg ..........:
Portugal ...........:
Italy .............. :
Switzerland ........:
Germany ............:
Austria ............:
Czechoslovakia .....
Slovakia ...........:
Greece .............:
Poland .............:
Lithuania ..........:
Latvia ............. :
Estonia ............:
Finland ........... :
Malta ..............:
Albania ............:
Total (26) ........:
Bulgaria ..........:
Hungary ............:
Rumania ............
Yugoslavia .........:
Total p(4) ........
Total Eur-pe (pO) :9


bushels

626,766
219,218
13,.581
859,565

51,445
3,547
273
7,839
2,094
21,635
11,266
15,428
16,153
254,618
121,457
1,071
8,651
224,570
,4,470
162,660
14,o43
55,583


19,537
78,357
8,027
5,272
2,433
5,259
236
1,106


1,000
bushels

875,676
180,210
10,587
1,o66,473


52,005
4,181
164
6,990
2,497
25,720
13,521
12,615
15,550
257,838
2/ 110,000
1,206
14,668
296,282
6,809
164,120
14,709
51,266


30,049
70,774
8,109
6,302
2,786
7,665
326
1,636


1,000
bushel s


931,702
360,010
S. 11.845.
.1,303,557


.69,253
3,883
213
7,398
2,637
30,184
16,935
15,939
.20,131
:-. 372,867
2/ 96,000
1,830
15,802
297,319
7,805
204,956
16,207
66,660


36,135
79,802
9,233
7,052
3,139
9,405
296
1,650o


1,000
bushels


754,971
489,623
111942
1,256' 536


58,053
3.360
152
8,000
2,551
31,441
15,065
13,301
1/ 16,000
17 276,000
112,000
990
1/ 18,300
294,400
6,360
1/ 205,192

1/ 40,000
11,780
38,291
83,407
9,231
7,300
2;965
8,341
279
4/ 1,60o


1,097,030 1,177,788 1,392,731 1,264,359
6o,351 64,910 78,951 71,155
87,789 72,157 98,777 5/ 112,765
128,717 138,158 177,154 164,925
107,422 86,238 111,330 104,487
384,279 361,465 466,212 453,332


1, 481. ,01


1, 39,251


1, 8598,943


1,717,691


Continued-


- --


--


I


-----;L--i-







WS-39


- 6 -


Table 1.- Prrduction ef wheat in specified countries, 1936 to 1939
Continued


Country : 1936 : 1937 : 1938 : 1939

: 1,000 1.000 1,000 1.000


NORTHERN HEMISPHERE :
Continued :
Africa:
Algeria ............:
Morocco ............ :
Tunisia ............:
Erypt .......... ....:
Total (4) ......... :


bushels


29,774
12,231
8,083
45,0oo
95,791


bushels


33,209
20,895
17,637
453i77
117,118


Asia:
Palestine .........: 2,795 4,682
Syria and Lebanon ..: 15,704 17,227
India .............. .: 352,203 361,075
Japan ............: 45,191 50,407
Chosen .............: 8,076 10,242
Turkey .............: 141,5g2 132,996
Total (6) .......: -565,551 579,629
total 43 countries:3,002,216 3,302,471
Estimated Northern:
Hem-ieohere total,:
excl..iing Soviet :
Russia and' China.:3,107,000 3,407,000


SOUTHERN HEMISPHERE
Argentina ............
Australia ...........
Union of South Africa
Estimated world to-
tal, excluding
Soviet EFssia and
China .............


bushels


34,941
23,172
13,963
45.958,
118,011


1,633
23,674
401,856
45,2L4
10,401
156,097
638,905
3,919, 416


bushels


42,622
38,764
18,555
49.008
148,949


5,000
6/ 22,303
370,608
7/ 61,086
12,572
169,313
360, 8582
3,76E,058


43,02o,00o 3, 67,o000


: 249,193 184,801 336,201 146,973
: 151,390 187,256 i54,426 186,544
: 16,077 10,157 17.093 16,047


:3,579,000


3,853,ooo


4,597,000


4,279,000


Compiled from official data except as otherwise noted..

1/ Estimate of the London office of the Bureau.
2 EEtimate.
SIncludes Austria and the Sudetenland.
Approximation.
Production within new boundaries.
SExcludes Alexandretta.
SThe Shanghai office of the Foreign Service considers this estimate too
high.






W&-39


-7-


Vith world stocks of old wheat on July 1, 1939 estimated at 1,189
million bushels, or 590 million bushels more than in 1938, supplies for
the 1939-40 season total 5,468 million bushels, or about 270 million
bushels more than a year earlier. Net exports from the Soviet Union,
however, this year are now expected to be very smell, probably not more
than about one million bushels, compared .rith about 37 million bushels in
1938-39, On the basis of stocks, the revised estimate of production, and
net exports f'c.Tm the Soviet Union, the disappearance for the 1938-39
season is 4,O044 million bushels and the projected July 1, 1940 carry-over,
1,469 million bushels.

Condition o.f fall-sown ehat

The condition of the fall-sown wheat crop in western and northern
Europe is, on the whole, satisfactory though crops in some areas of these
countries have been expooe to extreme cold while only partially protected
by snow cover. So far, damage reported is only problematical and an
adequate appraisal of the probable dama-:e cannot be made until spring.

!To marked ch-'.n e in totrl wheat acreage for the 1940 crop in
Europe is expected. Crops in Bulgria nre reported as in very good condi-
tion. In Yugslavia, cold weather stopped planting before it was finished,
and though it is not yet possible to estimate the seeded acreage, fell-
sown acreage prob:'bly will show some decrease comnprrd with that of last
year. In Hung ry severe frost 'n-:''.-ht crops without adequatee snow cover,
and dar, ge is feared. In the u '?*k-1:n- nns Soviet Russia, where prospects
had been considered about avcrrge, extreme cold is feared to have caused
some injury to the crop in reaos of sparse snow cover. Prospects are re-
ported .s favorable in Italy, with the exception of the northern part,
where the snow cover is inadequte. 'The fall-sown wheat in Bclgium is
feared to have suffered considerable d-n,--e from cold weather, and in
Portugcl and southern Spain floods hnve damnagd. the crop.

After the long period of drought in India, heavy rainfall has
improved prospects there.

world d tr-de in "'het and flour !about same as ..-.-r earlier

Exports of wheat, including flour, by the seven countries for which
fi-.-r-s nre avnil~ble or estimates are possible for the July-December
period in 1939 were about the srme as in the like period. of 1938. During
the first half of the 1939-40 marketing season, :rrss exports from OCnada
tot led 126 million bushels. Figures (in millions of bushels) for other
countries, partly estimated, are: Argentina 90, Dnnubian countries 43,
United States 32, Australia 23, the Soviet Union 2, and British India i.
For the same period a yoer earlier the fi -res are: Canad, 99, Argentina
28, the 'prrienian countries 61, United St.ats 45, Australia 39, the Soviet
Union 38, und British India 6. The total is 316 million bushels for
both the 1939 forecast and the 1938 period.





ws-39


Forerc-sts of net imports by deficit countries for the 1939-40 year
are mjde with considerable reservation. Early in the season it seemed
reasonable to assume a total for the year of about 535 million bushels,
compared rith 579 million busThels for the year b' On the basis of tr-ie information to date, a somewhat larger fire is
su7cested perhaps 560 million bushels, which would be only about 20
million bushels less than the total a year earlier. The fact that trade
figures for certain countries are either entirely unavailable or very
late in being receiv-r, together with the r nrral uncertainty as to
agreements and shipping, makes forecpstin- of trade this vepr, unusually
difficult.

Table 2 shows the estimated January 1, 190) wheat surplus for ex-
port or carry-over for C-na-.-, Argentina, .rj.d Australia. These estimates
total 646 million bushels corr.pred with r20 million bushels in 1939 and
2S6 million bushels and 371 million bushels in 1938 and 1937, respectively.

Tables 9 to 12 show the curr:-nt whc,.t movement -with comparisons.
Five ':ecipl tables on world tr-de in wheat and flour -ro also included
in this issue as tables 13 to 17.


Table 2.- Estimated wheat surplus for export or c-rry-over in
three eo.Tcrtin countries, United Kingdom port stocks,
and stocks afloat, Jpnu ry 1, 1937-40 I/


Position : 1937 : 193g : 1939 : 19)O 2/

: il. bu. Mi!. -u. Mil. bu. 1Iil. bu.
Canidad
In C r.-n .............: 98 63 172 347
In the r-nitel Sttes ..: 25 5 g 39

Ar:-ntina ..............: 147 g)4 243 110
Australia ..............: 101 134 106 150
Totl .............: 371 286 529 646

United King~cm port stocks 9 9 19 3/

Stocks afloat to:
United Kingdom ........: 15 11 13 3/
Continent ..........: 15 10 7 5/
Ord-r s ....... .........: 6 4 14
Totrl .............: 45 40 443
C-rand total .......: i16 326 572
/ Carry-ov.r -t the b -.inning of the -.*-" r (C n'-i, J.ily: 31: Ar-.ntina,
Jrnur'y 1; Aus.tralia, D-c r 1 of the previous ;..-r) plus production,
minus domestic utilization for the r, minus monthly e:poirts to date.
2/ Based on preliminary rnd unoffici-1 estimates. 3/ Yfot available.







ws-39


Wheat prices in forein markets decline

heat prices at Winnipeg declined before Christmas as a result of
pre-holid.y trading and then rose again before the turn of the year. Since
January 2 prices have declined following general snows ever the United States
winter wheat areas, the reaction from the sharp December price rise, and
heavy purchases of Australian wheat by the United Kingdom. For the week
ended January 13 the May futures at Winnipeg averaged 76.0 cents in United
States currency, compared with 78.6 cents for the week -nd-d December 23.
(Tqble 3). Nc. 3 Manitoba Northern Spring at Winnipeg for the week ended
January 13 averagedi 68.1 cents, compared with 69.2 cents for the week ended
December 23.

At Buenos Aired, the March future, after averngin- close to 69 cents
in United States currency for 4 wenks, declined to 66 cents for the week
ended January 13, following the heavy purchases of Australian wheat by the
United Kingdom.

Table 3.- Averepr. losing price of May wheat futures, specified markets
and dates, 193-39 and 1939-.0
:Winnipeg :Liverpool : Buenos : Chic-.o : Kansas : Minne-
Feriod : I : Aires : : City : apolis
19358-:1939-:1938-:1939-:1938- :1939- :1938-: 1939-:1938-: 1939-:1938-: 1939-
: 9 : i. : 39140 : 39 : :O : 09 : 3 : 39 : 40 : 39: 40
Month :C nts Cents Cr-nts Cents Cznts Cents Cents Cents C.:nts Cents Cents Cents
Oct. :62.5 6g.5 65.6 66.3 83.6 62.0 78.4 67.3 g3.1
Nov. :60.9 66.3 63.4 ---. -- 65.7 s6.3 61.2 81.2 67.7 85.0
Dec. :61.9 75.6 65.0 -- -- -- 67.2 99.3 63.2 94.0 70.0 97.6
Week :
ended :
Dec. 2:61.6 68.o 64.6-- 2/59.2 3/60.3 65.7 g8.1 61.5 83.0 68.1 86.7
9:62.5 72.9 65.7 --- /59.4 3/63.7 67.2 93.3 63.1 ga.o 69.6 92.3
16:62.0 75.4 64.3 --- /59.2 3/6g.7 66.7 99.3 62.7 94.5 69.4 98.0
23:61.o 78.6 63.9 -- 2/59.2 1/69.0 66.9 105.2 62.8 99.8 70.0 102.3
30:62.3 78.4 66.6 --- 59.2 3/69.5 6g.7 103.3 65.2 97.5 72.0 101.5
Jan. 6:62.6 77.9 4/63.4 --- 2/5.7 /68.7 70.2 105.2 66.9 99.7 73.3 103.1
13:61.6 76.0 62.6 --- /59.3 1/66.1 69.0 100.7 65.7 95.1 71.9 98.5

High 5/:63.1 79.6 66.6 --- 2/59.4 3/69.5 70.2 105.2 66.9 99.8 73.3 103.1
Low 5/:60.5 65.1 62.6 --- /58.7 3/60.3 65.0 82.1 60.4 77.0 66.1 82.1

I Conversions at noon buying rate of exchange.
SFebruary futures.
/ March futures.
SDuty free wheat.
/ October 7 to January 13, 1939-40, and corresponding dates for 1938-39.






WS-39


- 10 -


IE DOMESTIC WHAT SITUATION

BACKGRciOUD.- Domestic wheat prices fr-om the spring of 1933 to
the spring of 1937 were unusually high in relation to world
prices, as the result of small crops in the United States.
Durin;'this same period, prices in other countries also
moved upward, reflecting a world-wide reccv:ry in con-mrodity
price levels, currency depreciation, and reduced production.
The average prices received by United States producers for
the 1931 and 1932 crops were 39 and 38 cents, respectively,
compared with average prices for the four crops, 1933 to
1936 of 74, 85, 83, and 103 cents per bushel, respectively.

In 1937 United States production was large end prices
to grcwers declined to an average of 96 cents. In 1938, with
domestic production agein large, with a record wrrld crop and
with lower commodity prices, prices received by producers de-
clined to an average of 56 cents, and would have averaged still
lower had it not been for the loan ind export-subsidy programs
which held domestic prices above e-port parity.

Domestic wheat prices for the year beginning July 1939
arc expected to average about 60 cents. *This also is relatively
high compared with the usual relationship to prices in other
countries, a result of the operation of the agricultural programs,
the large quantities being held by farmers, and the poor
prospects for the 1940 crop.

The c-rry:-over of old who.t in the United States on
July 1, 1939 was 254 million bushels. During the l@-year
period 1929-38 it ver~.ged boutt 220 million bushels. The all-
time pe-k of bout 360 million 'u7lslcs w*os rcr.ch.i in 1933,
The domestic disrppoerrnce for the year beginning July 1, 1939
is expected to be caout 670 million b'ishels, comp red with an
vcrrrge of bout 685 million bushels for the 10-year 1929-38
period.

F-.rn stocks January 1 above :'cr-r-c

Stocks of wheat on farms Jpnurry 1, 1940 were 238,9F5,000 bushels
(TPble 4). T.is includes whert held on farms under loans. The stocks were
about 15 percent lower than the 280,0q?,000 bushels on farms a year earlier,
but were about 10 percent larger than the 10-year (1929-38) average January 1
stocks of 216,486,000 bushels. F-arm stocks this January 1 totaled 28.3
percent of the previous July 1 total farm stocks and crop. This is the same
percer.t-ag relationship -.s existed bet'-een these positions a year earlier.
The 10 year (1929-39) v,er.fe is 26.9 percent.

The disappearance of what frem farms July 1 December 31 was 606.8
million bushels, or 104 million bushels less than a year earlier but 19
million bushels more thnn the 10-year (1928-37) aver"~o. In percent of






ws-39


the previous July 1 farm stocks -and crop, July-December farm di appearance
totaled 71.7 percent, compa-red with the same percentage relationship &
year earlier, and 73.1 percent the 10-yenr (192-37)naverage.

Table 4.- United States..farm supplies and ditsappearance,July-December,
aver-se 1928-37, annxul 193T-39

Item : Averae : 1937 193 1939
Mi. b. Mil. u. Mil. bu. Mjl. bju

Farm stocks, July 1 ...............: 51.2 21.9 59.1 90.8
Production ... ...................: 753.0 875.7 931-7 755*6
Tetal supplies ...............: 80 .2 897.6 990.8 8g45.
Farm Stocks, Dec. 31 *.............: 216.5 208.5 280.1 239.0
Frrm disappearance July-Dec. .....: 587.7 689.1 710.7 06.8
: Per'cnt Percent Pprctnt Percent
Percent farm stAcks Jan. 1 are
of total supplies ...............: 26.9 3.2 28.3 28.3
Percentage July-Dec. farm disappear-
ance is of total supplies .........: 73.1 76.8 71.7 71.7


Commercial stocks of -heat #n JanuPry 1, 19-0 tot?'led 132,842,004
bushels, or about-4 million bushels more than in 1939, This is the largest
total since 1932, when cnmmerciai stocks mrounttd to 168,465,000 bushels.
Data for stocks in interior mills .nd clev;atrs. will be available on January
25 and those on merchant mill -and elevator stocks shortly thereafter.

The estimated domestic supplies and distribution for 1939-40 by
classes of wheat have not been revised since they werq published on page 9
of the Dec,'mber issue of The Wheat Situation. A reappraisal will be made
after complete Jnnuary 1 stocks figures )re available.

Twv special tables, 7 -nd 8, on domestic supplies and movement are
included in this issue. One of these shows estimated production by classes
for the past lj years -r.d the other the percent of sales of wheat and rye
since 1927 by months.

D-wpwrn d trend of domestic wheat prices c j.cked

Domestic wheat prices, after reaching on December 18 the highest levels
in about 2 years, were unsettled and lower dJuring the first half of January.
This is largely the result of a reaction to the sharpness of the rise,
general snows over domestic winter wheat areas, Pnd a more -neral realiza-
tion that business conditions in the next few months :ry not continue so
favorable. On January 12, No. 2 D-rk Hrrd Winter -.ha:t p.t Krnsas City
Preraged 99.5 c-nts co-.pord with 10,6 on December 1S, while No. 1 Dark
Northern Spring wheat at Minncapolis on Janunry 12 rverare.d 101.7 cents com-
--pared with 110.8 cents on December 18. (Trble 4). Since January 12 prices






- 12 -


have imprrvee. somewhat, as the result of czre tempcrrtures in winter went
areas nnd renewed interest in buying. On J4nu-ry 20 the price at Krnsp.s City
was up 3.0 c' rts -nd the price at Minnepnolis wrs up 3.6 cents compared with
prices on J-nu-ry 12. On Jpnuary 23 part of thet gain wiPs lnst.

Wheat prices in the Unit'd States continue high relative to prices in
othr countries. Prices of hprd wint r wheat at Gulf prrts are between 28
and 30 cents pbove export iprity, nrd prices of domestic spring whort st
Buffelo are orly ir.at ut 5 cnts Icwer thrn -pproximately the sm-~ quality of
Crnadipn wheat, c.i.f., duty pucid, rt ]uffjln.

T-ble 5.- -.i- ht-d -vr'ge cash price of went, specified markets
r7d d-tas, 1930-39 !nd 1939-40
:All cl,3E-s: No. 2 : No. 1 : .c.2 H!rd : "io. 2 : Western
Month :and -r s :H-ard Wi-tork.N.Spring:Amber DuruTm: reC- Winter: White
or date :six oir'-.ts:Kon? s City-:rinre-rrlMs:Minne~olis: St. Louis : Seattle 1/
:1939- 9319-lq 19-:193- 1;5 c, 3- 5 1933-: 1939- : Q39-; 1935-: 1939-
: 9 __0 9 : : q : 39 : 3C : 40 : :9 : 40 : 39 : 40
:C-rts s.jts C nts C.:nt C .ts C.nts C:nts CcntS Cents C-nt CGents Conts
Month-
Oct. : 653 g5.6 64.7 82.7 73.3 v,.2 65.5 9".l 6,.5 87.5 63.2 80.0
Nov. : 64.9 87.8 63 85. 73.1 90.9 )i.9 S9.I 65.8 9f.0 63.3 80.0
Dec. : 68.3 99.8 66.9 98-. 77.3 103.0 70.1 102.2 69.8 103.9 64.9 83.7
Week
ended
Dec. 2 65.9 89.3 6h.9 "6.3 7.3 93.0 67.9 92.3 66.5 93.8 63.9 79.2
9 : 68.2 9. .9 93 77. 97.5 9.7 99. 69.0 97.2 63.8 81.8
16 6 8.3 98.9 66.S 9i7.7 77.6 11.4 70.4 102.1 69.8 104.9 64.3 83.5
23 : 68.2 105.1 1 6.1 lo.6 76.0o 1 71.2 lo6.0 69.2 103.2 65.6 85.7
30 : 71.0 103.0 71.41 1. ,C.0 l.2 7-.4 103.1 72.4 105.0 66.8 84.8
Jan. 6 : 73.3 105.* 71-7 3.6 7-'.3 1'-.5 14. 104.2 74.3 10.9 67.5 86.9
13 : 72.7 101.0 70. 100.9 7.1 104.3 72.0 100.5 7.2 104.0 67.4 84.4

High : 73.3 105.6 71.7 1-3.0 7.0 .. 754. 106.0 74.3 109.2 67.5 86.9
Low 2/: 64.4 83.6 63." 1.5 71.1 -39 6.7 88.5 65.0 85.8 62.2 77.4
I/ Weekly average of adilv c.sh v c 'tic-, h'bsi ITo. 1 sacked.
2/ October 7, to Jam ry 13, ?139-4:i, -ni crreocnon.ing dates for 1938-39.

If it is founi l7., the investi '.-ticn now being conducted by the United
States Tariff Commisicn thnt imnort- rf wheat ere interfering with the
agricultural pr.-rauns, ?r.t if -3 a result nf thot finding import quotas are
set under section 2c'; f the Agricultural A, justment Act (19^3) as amended,
any fear of lare?-scale imports will rb removed.
During the .ast mcnth whPeet rric0r, in -estern Unitpe. States markets
were high enough. to attract Farific northwest wheat rnd flnur. About one
million bushels cf v'h'--.Et, inclu6inc- l~1ur in terms of wheat, were snld
for this purpose, Trrcticlly .i11 for water r.nvement to Gulf and Atlentic
ports. On Decemb.er 9t it w- s arnnunc.ed that, effpcti r Janu.ary 3, indemni-
fication of exeort sales rf United St.tres ','.heat and flour was tr be dis-
contirued, except for fl- ur -:.crte t n t the hilippines. However, on
January 19 the pre-,ram to in';emnify c.xt.nrts of both wheat and flour from


WS-39







WS-39


the Pacific Coaat to China and Hong Kong was again made effective and-, as a
result, sales to eastern United States markets are expected to be greatly re-
duced. At present, price differentials are not favorable for such domestic sales.,
Domestic wheat prices during the next few months will defend largely
upon the volume of overseas sales of Canadian wheat, general business condi-
tions, crop and weather developments, and the manner in which .f-rmers dis-
pose of wheat now urncr loan. The market cpprrently will be able to absorb
a reasonable volume of sales without much price effect if the loans are
liquidated in an orderly moriner, but a large volume of sales in any short
period of time might have a temporarily depressing effect upon prices.

The Commrodity Credit Corporation announced on Janunry 19 that none
of the extended loans secured by resealed 1939 wheat stored on farms, amounting
to approximately 3-1/2 million bushels, would be extended beyond their maturity
date of March 31, .19n All 1939 wheat loans mature April 30, 1940, and
it is not contemplated that any of the loans will be extended beyond that
date, except that producers will be given an opportunity to reseal wheat
stored on farms in the States of Idaho, Minnesota, Montana, Nebraska, North
Dakota, Oregon, South Dakota, Utah, Washington, ?'nd Wyoming. Approximately
23 million bushels of 1939 wheat have been placed under the loan in these
areas.
Unusual aspects of the current wheat price situation
Two very unusual conditions are present in our current domestic wheat
situation.
Thi first is that dcmostic prices are considerably above export levels
even though United States wheat supplies, both present and prospective, are
plentiful. High domestic prices, relative to prices in other countries, have
usually been associated with short supplies of milling wheats. Supplies for
the current season, however, are moderately large and the relatively large
carry-over in prospect for July 1, 1940, gives assurance of ample supplies
next year, even if our 19)0 crop should be considerably short of domestic needs.

The relatively high prices in domestic markets currently are the re-
suit of a 1939 crop only moderately above usu.l domestic requirements, pros-
pects of a small 1940 crop, and the with-holding'of large quantities of wheat
from market. The fact that the carry-over on July 1, 1939 was not significantly
larger was also a factor.
On the one hand, these factors involve the agricultural programs to a
very great extent. The export subsidy was instrumental in reducing the carry-
over on July 1, 1939 materially below what it otherwise would have been. The
acreage seeded to wheat for the 1939 crop was undoubtedly smaller than it
would have been without the acreage adjustment program. The wheat loan en-
couraged the holding of wheat.
On the other hand, it could be reasoned that the policy of with-holaing
wheat from the market was the most important factor in maintaining prices
above expert levels, and that this might hove taken place to a large extent
in anticipation of rising prices associated with the war in Europe, and as
a result of the poor 19O0 crop prospects.





ws-39


Another interesting feature of the current situation is that prices of
hard red winter wheat have risen relatively mere than prices of hard red
spring wheat. The present situation is much like that which existed in 1934-35.
During that year, the margin of No. 1 Dark Northern Spring wheat prices at
Minneapolis over No. 3 Manitoba at Winnipeg fluctuated around tariff levels
(chart on pege 1). Moreover, protein premiums were small in both years. A
comparison of the current margins between prices at domestic markets and
Winnipeg with those in 1934-35 indicate that prices of hard red winter wheat
are relatively as high as, or higher than, they were in 1934-35 when imports
were taking place, whereas prices of hard red spring wheat were relatively
lower. Table 6 indicates that the margins of No. 2 Hard Winter wheat prices
at Kansas City and those at Chicago ever prices of No. 3 Northern Spring at
Winnipeg are currently about the same as the margins in 1934-35, while that of
No. 1 Dark Yorth-rrn Spring wheat at Minneapolis over the price of 'io. 3
Northern Spring w.heat at Winnipeg is 7 to 13 cents below the margins in
1934-35.
Table 6.- Margins between domestic wheat prices and prices at Winnipeg,
1934-35 and 1939-40
Perid :Domestic markets -Ctove Yo. 3 Northern Spring wheat at
Period "Winnipeg
: No. 1 Dark N. : No. 2 Hard Winter
:Spring at Mpls. :at Kansas City : at Chicago
Month of Dec. Cents Cents Cents
1939 3:6.5 31.8 32.8
1934 : 43.4 30.7 32.g
Difference -6.9 1.1 0.0
Third w.ek .i Jr.n.
1940 34.6 29.9 34.2
1935 : 47.7 29.4 34.4
Difference -13.1 0.5 -0.6
l/ United States prices ,re weighted on the basis of c.rlot receipts.

One explanation of the failure of spring wheat prices to rise as much
as prices of hard winter wheat is the likelihood of imports at slightly
higher levels. This explanation appears to have foundation in that the margin
between the spring .hT.at prices in the t-.o countries has varied little since
last fall. A romparison of prices of United States :IT. 1 Dark Northern Spring
wheat, 15 percent protein, at Buffalo, with the fairly comparable grade,
No. 3 Manitoba Northorn Spring wheat, c.i.f., duty paid, at Buffalo, shows
that domestic values have avera,.d close to 9 cents under the Canvdian prince
late August when the comparable prices began to be t:bulatcd. They are currently
about g cents under,
The extent of the differences in price margins may be affected by the
demand for and the availability of the better grades of 'whe'at in the various
markets. It is interesting to note, however, that there is a much larger
proportion of the total rupply of hard red spring wheat under loan than is
the case with hard red winter wheat. The relatively large quantities of
spring wheat held under loan would ordinarily be expected to cause prices
to be higher rather than lower relative to the winter wheat prices.








WHEAT: PRICES AT KANSAS CITY AND MINNEAPOLIS, 1922-39


CENTS
PER BUSHEL
200


175

150
I
125


100


75

50


25


1922-23
1922-23


'24-25 '26-27 '28-29 '30-31 '32-33 '34-35 '36-37 '38-39
YEAR BEGINNING JULY


*NO. 2 AMBER DURUM JULY 1922-JUNE 1934


U. S. DEPARTMENT OF AGRICULTURE


NEG. 32633


BUREAU OF AGRICULTURAL ECONOMICS


FIGURE I








WHEAT: PRICES* AT CHICAGO AND MINNEAPOLIS, 1922-39


CENTS
PER
BUSHEL


175


150

125 t'


100


75

50


25

0 iIi
1922-23


'24-25 '26-27 '28-29 '30-31 '32-33 '34-35
CROP YEAR BEGINNING JULY
AVERAGE OF DAILY PRICES WEIGHTED BY CARLOT SALES


U S. DEPARTMENT OF AGRICULTURE


NEG. 35933


BUREAU OF AGRICULTURAL ECONOMICS


FIGURE 2


'36-37


'38-39






- 17 -


Table 7.- Estimate.Cd production of wheat in the United States,
by classes, 1930-39 L/


Winter Spring white
Year : Total
Hard : Soft Hard :
Red Red Red : Duru : Winter: Spring: Total
S1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
: buhels bushels bu-h-l.s bushels bushels bushe-ls bushels bushels

1930 : 403,609 179,692 157,378 59,522 50,304 35,965 86,269 886,470
1931 : 514,035 262,006 72,439 22,099 49,355 21,7L 71,095 -941,674
1932 : 250,450 159,214 189,939 42,252' 52;131 32,941 85,072 756,927
1933 : 176,997 152,313 106,469 17,986 37,208 50,30 88,088 551,683
1934 : 207,860 188,602 53,279 6,891 !1,501 28,260 69,761 526,393
1935 : 203,232 204,256 '107,975 24,759 57,831 28,91 86,12, 626,344
1936 :259,775 207,410 50,742 '8,836 52,689 47,314 100,003 626, 66
1937 : 373,371 257,838 101,393 28.929 54,615 59,530 114,145 875,676
1938 : 389,224 236,071 157,202 42,266 62,838 44,101 106,939 931,702
1939 : 307,231 203,296 129,706 35,230 52,904 26,604 79,508 754,971





1/ Figures for 1919-1929 are sho.,n in The Wheat Situation for February 1939,
t2ole 13.


WS-39






- 18 -


Table g .-Percentage monthly sales of wheat and rye by farmers,
Unites States, average 1927-36 arnd
annually 1927-38


a S a a a


:June :July :Au?.:Se-pt.:

:Per- Per:- Per- Per-
: ent ::it cEnt cent


Percentage of total sales luring


a a a a : a
Oct.:Nov. : Dec.:Jan. :Feb.:Mar. :Apr. :May :June
Per- Pr- Pr- Per- Per- Per- Per- Per- Pe
Per- Per- Per- Per- Per- Per- Per- Per- Per-


cent


cent cent cent cent cent


Wheat
Average:
1927-28 to
1936-37: 5.8

1927 : 2.7
1923 : 1.4
1929 : 5.2
1930 : 4.4
1931 : 6.2
1932 : k4.
1933 : 9.3
1934 :11.9
1935 : 2.5
1936 : 5.3
1937 : 9.1
1938 : 5.7
Rye
Av e-r a.-e:
1927-?2 to
1936- 7: 0.2
1927 : 0
1928 : 0
1929 : 0
1930 :
1931 : 0.1
1932 : 0.1
1933 : C.l
19314 : 0.2
1935 : 0.1
1936 : 0.2
1937 : .1
193 : 0.1


35.4 15.3


15.1
18.8
25.6
26.0
26.9
18.5

Y:. '.








3.7

10.6
12.3
11.7
7.7
21 .i



I .


15.0

22.2
20.2
1?.5
19.3
19.8
1 .3


16.3
1 -3
17.3





17.2
02.6
32.3
21 .r
17.8

27.5
1?.4
r, 7
S..60


s.7 6.8


19.8
17.3
14.0
11.9
10.0
lh.o
li13
9.4
17.7
3.7

11.6



4.7 .

C *3
20 14


15.1
SIL.6

1 .34


1'.9
1I.O


12.6
12.0
'.S
6.9
7.9
7.9
7.0
5.2
9.7

6.0
7.3



Ir.0
17.0

I..6,
11.5
10.7





8.3
10.0

9.3


4.3 5.6 3.1 3.4 3.8 2.7 2.9 1.7


7.3
7.2
4.8
L.4
4. 6
5.5
5.0
4.2
4.5
143
3.3
4.7



6. r
r.9
10.2
7.4


6.4
7.1
5.1
7.6
-.5
5.2
4.9


5.4

4.7
4.5
4.8
3.7


5.6
'.a
4.0
4.7



7.4
5.4
0.0

4.3

4.9

1.2
5.5
7.4
h.2
hl.o


h.5
4.2
3.1
4.7
3.9
3.6
3.7
2.9
3.7
3.1
3.8
3.6



.1l
4.5
4.2

2.6
5.9

3.9
2.7
4.F
4.1
3.5
3,.


4.0
4.2
2.9
4.8
5.5
3.5
3.4
3.5
2.5
3.4
3.9



3.7
1-.1
7.7





7.7
-Z
2.0
2.7

5.
2.0
4.1
4.7

2.3


3.7
3.5
2.5
3.5
3.4
3.5
3.5
2.9
3. r
3.3
3*z
3.7



4. 5

2.9
1.0
1.9

1,.7
3.9
2.8
6.9
*1.5
3,*
3.3


2.5
2.8
2.4
3.2
3.4
4.4
2.7
4.4
2.6
2.7
3.9
3.9



3.9
2.0
1.9
1.4
1.9
3.3
6.3
2.7
2.4
4.5
3.9
1.7
2.9


2.7
2.7
2.6
4.0
3.8
5.4
3.1
3.5
2.2
2.9
3.3
5.2



3.6
1.9
1.6
1.4
1.8
3.2
8.9
2.6
2.7
5.0
3.6
1.9
4.0


1.3
2.1
1.6
1.3
1.4
4.7
3.6
2.0
2.4
1.7
2.0
3.7



2.0
1.4
1.6
1.2
1.6
2.5
12,7
2,6
2.3
4.1
2.0
1.7
4.9


Season
begin-
ning
_June


cent cent cent


"'


VS-39


:




- 19 -


2bble 9 .-Mcvement of -rheat, including flmur, from principal exporting
countries, 1936-37 to 1939-40


Country


: Exports as given by official sources :
': Total : 'July 1 to date shown.. :
:19i6-37 :1947-38 :19o^-;9:lq17-8:19l8g-39:1939-40:


Date


: 1,000 1,000 1,000 1,000 1,000 1,000
:bushels 'bushel s bushels bushels bushels bushels


United States 1/.....:
Canada .............
Argentina ...........:
Australia ...........:
Soviet Union ........:
Hungary .............:
Yugo slavi a ..........:
Rumania ............:
Bulgaria ..........:
British India .......:


21,584
213,028
162,977
97,712
4,479
27,428
17,954
36,258
7,275
16,571


107,194 115,784
94,546 159s.85
69,670 116,116
123,453 96,695
43,354 --
9,368 27,650
5,012 5,346
32,210 43,940
g,hc9 2,633
19,677 10,097


33,256
61,331
15,717
22,035

2,994
4,209
16,048
2,770
2/7,526


42,437 30,682
98,567 125,626
23,472 73,311
24,945 19,722


11,228
3,430
10,387
179
/7,020


17,768
4,300
9,341
2,074
2/ 796


Total ............: 605,266 512,973 578,136
: Shipments as given by trade sources
: Total : Week ended 1939-40 : July 1-: Jan. 13
1937-38 :193S-39 :Dec. 30:Jan. 6 :Jn.13 :1938-39 :1939-40


: 1,000 1,000
:ushel-s bushels


1,000 1,000 1,000 1,000 1,000
bushels bushels bushels bushels bushels


North America j/.....:
danada t.. ..........:
United States 6/.....:


184,720
94,546
83,589


245,296
159,885
94,157


Argentina .........: 66,928 114,272
Australia ..........: 127,520 102,116
Soviet Union ........: 42,248 39,824
Danube and Bulgaria 8/ 37,232 52,848
British India .......:9/19,677 9/10,097


3,312 2,469
3,300 5/2,300
266 186
3,.369 2,737


0
1,400
0


0
792
0


2,446 129,976
5/1,600 99,200
890 41,089
3,656 30,304
---/18,696
0 38,064
1,240 25,944
0 6,208


99,387
102,900
25,028
96,327
L/11,028
2,342
22,592
0


Total lo/..........: 478,325 564,453


.249,192 231,676


Total European
shipments V/......: 397,592 450,784
Total ex-European :
shipments j/......: 99,400 146,760

SIncludes flour milled in bond from foreign wheat.
SExcludes land trade.
SBroomhall's Corn Trade News.
Official exports as reported to date, supplemented by reported weekly clearances
of wheat, and estimates of flour shipments.
5/ Figure derived by subtracting the United States exports from Broomhall's esti-
mate for North America.
/ Official reports received from 16 principal ports only.
7] Through September 2 only.
J/ Black Sea shipments only.
/ Official.
10/Total of trade figures includes North America as reported by Broomhallts but
ioes not include items 2 and 3.


Nov
Dec.
Nov.
Oct.


Oct. 31
Oct. 31
Oct. 31
Oct. 31
Sept.30


_~ 1 I


--





- 20 -


Table lO.-Shipments of wheat, including flour, from principal
exportir-~ countries, specified dates, 1939-39 and 1939-40


: Argentina


: Australia


Danurbe


North America


Period : _____:
:1_______3 1939, __'i 9-3G 9-9' 391 3-o i 00 -3193 9-
: 1,00) 1,J00 1.,0;0 1,,00 J.,000 1,C, 1_,000 1,000


:bushels


July-Nov. ..: 24,544
Week ended -:


Dec. c
16 .
23 .
30 ..:
Jan. 6 ..
13 ..
20 .


452
i, 6' )
824
1,196

1,6, s
2,2664


bus-sels bu.ishels


bushels
i71


bulshels


74,c' 0 33,i04 11,023 16,744 15,424 110,448


4,264
2,435
5,770
3 3
2,737
3, 556
3, 33


1,656
1,696

2,4 0
316
2,180
2,023


1,504


2,512
552
1,912
1, 5z4


1,664
84;


792
1,240
760


2,072
1,736
3,904
3,032
4,oca00
4,776
4,704


Compiled from Broomhall's Corn Trade Hews.
I/ Through September 2 only.
/ Not available.


Tatle 11.-E-ports of .v-l'at ard wheat flour from the United States,
1.93-39 a-nI 1939-4o

___ (Inclu1e flou.- milled in bond from foreign wheat)
S,+ heatt


.11 L
Period
. :--1 F
1, 000
: bushels


July-Nov. I/ .:
Week ended 2/-:
Dec. 2 ....:
9 ....:
16 ....
23 .... :
30 ....:
Jar. o ....:
13 ....:


32,224

338
110
63
731
2,239
602
1,934


- I L ouIt,.-c, ... .LALS.
: : including flour
""- jg_-__l3-4 0 : i1__--__ -
1,000 1,000 1,000 1,000 1,000
bushels bushels bushels bushels bushels


14,o04

277
19
436
6
3
3
3/ 392


2,173

57
149
44
28
123
49
76


3,421

134

59
21
56
39
' 106


42,437....300,62


606
310
270
913
2,867
832
2,291


907
423
713
105
266
186
3/ S90


Compiled from repo-ts of the Depa-rtmit of Commerce.
1/ Data for total exports from the'United States by weeks are not .
available. These data ren2resent exports thr-uugh 16 of the principal
ports.
2/ Preliminary.


ws-39


bushels bushels bushels


4,64s
2,664
1,408
3,312
2,469
2,446







- 21 -


Table 12.-NJet imports of wheat including flour, into Turnpean
countries, years beginning July 1, 1937 to 1939


.1937-33 1 939-39 J epo]
: : July 1
: Mil. bu. Mil. bu.:


to:


net imports
1938-39 : 1939-40
Mil .bu. Mil .bu.


Belgium ...............:
Czechoslovakia .......: 1
Denmark.................
Finland ............ ..
France ............,. :
Germany ................:)
Austria ... .... ..... )
Greece ..................:
Ireland .............. .:
Italy ..................:
Latvia .*............. ..:
Netherlands ............:
Norway ........ .......
Poland .................
Portugal ... ......... .:
Sweden .... .............:/
Switzerlsnd ............:
United KirnroGn .........:
Total imports of
above ..........,.:
Spain ......
Total imports ........:
Total erocrts ........:
Total net imports ....


.36
- 1l
6
3
15
54
18
14
5
1


39

5
2
1/ 2
45
14
17
14


24 29
7 8
3/ 1/- 3
1 4
1 2
14 17
193 220


391
3
394
2
392


114i 6
16
432
6
426


Compiled from official sources


except as otherwise stated.


1, ITt exports.
2 Less than 500,000 bushels.
3J Net exports of less than 500,000 bushels.


Country


Aug.
Aug.
Oct.
Aug.
July
July
Oct.
Aug.
Jul y

Nov.
Nov.
July
Oct.
Sept,
Nov.
Aug.


j2

1

5
3
2
0
13
5
13
1
a!


Z


--


------- -------







';s- 39


Table 13.-Perce::t7ge of heat exports frcomn ited' Sta-es a...d Canada,
by months, 5-.ear averages, almuel 1937-33 and 195l-33

: U Cit. d States : C_. ada__
: __-year av. : :5-Zy.or av. :
L',.:.h 27-28 5 P 19-21932-35 3 ,153-3
:to :0 ; to to


: F.t. ?ct.


P_.. P :i1-. t. Pet. P. -. c _
Pct. Pot. Pet. ?cP. Pct. Pet.


July ............: 9.6 13.0 2.6 12.8
A', ............ 14.6 17.> 6.5 11.7 6.4 F.9 8.5 4.3
S:pt. ...........: 1.0 7.1 3.2 4.1 7.4 C10. 7.7 3.6
Oct. ............: 4.2 S.7 3.5 3.7 11.1 14.-7 13.1 16.8
Nov. .............: 9.9 7.1 7. 5. 16.5 13.7 19.0 14.9
Dec. ............: 6.3 ,.: 11.5 5.1 12.3 1.6 8.6 10.9
ran. ............. 4.5 5.9 10.2 12.1 4.3 4.6 9.4 5.4
F :b. .............: 3.1 5.' 10.3 10.4 5.0 4.5 3.7 3.9
Mar ............ : 3.1 .0 10.2 10.0 6.2 3 4.5 4.5
ATr. ............: 4.7 6.1 7.8 7.0 2.7 2.5 2.1 1.9
May .............: 7.3 6.3 13.2 12.6 9.6 8.9 4.4 9.4
June ............: 6.7 7.0 g.4 4.7 9.0 S.1 9.5 10.0
July ............: .. .. -- __ -- _--- 9.0._ 7. 9.5 9.4
Total, 12 months: 00. 0.0 100.0 100.0 100.0 100.0 i.00.0 1.j0.0
:MiL.bu.Milb .}il.bu.,il.bu.Mil. bu.mil. bu. 1.bu.Mil .bu.
: 102.3 g _, 7 +.6 242.1 192.3 7.7 146.2


Table l4.-Per~ent~age of ::-. at ex pcvts froa A.str~l]-i; a Argejntina,
by or:t.,s, 5-; :;l -cr .--?., ,c ual 1S37 v d 1935-39

: .A rl3 .i Ar;. aJ..n__
:. _.-.:J 1 .: -. e-"- ar v. I


1-37--39193 -3c5192- :1933
S- 32 37

?ct,. Pc -. Pct. Pct.


Pcet.


1038 : 1939

Pt Frel.
Pet. Pct.


Dec. ...........
JZui. ............
F b. ...........
Au rr. ............ :
Apr. ........... ..
May .............
June ............ .
July ............ :
Aug. .............
Sent. ...........
Oct. .............
Sov. .............


*i .9

12.5
14.1
10.5
10. 5
'.9
5.4
4.4
3.
4.
4.7


I *
12.
14.1
12.7
8.6
3.9
6.9


.- 1


7.5
3.3
10.7
13.6
16.9
13.6
9.1
6.0
6.
3.1
2.7
1.9


7.5
13.4
13.I
10.6
11.1
10.6
11.1
5.9
1.8
3.2
5.5
5.4


11.0
13.6
13.9

10.4
9.8
4.5
4.9
4.4
5.0
4.0


11.o 13..3
12.7 15.6
12.o 9.3
.o 93.2
0.o 7.0
7.3 10.3
7.3 6.9
7.5 6.7
4.9 5.9
-. 5.5
4.5 4.9


Dec. ............ : .. --- -. .- 7.7 5.4 9.2
Total, 12 months: 10 .. 1.0 1 .) 100.0 .0.0 100.0
: Ii.ill.. l. .. 1.. 1 : 2.. 'u.. i.. .i.:. ..'. .:.:il .bu .1il.b-j .
t S. .'..7 .2_5.7 I1.s 1i2. 271.3_ 173.2


Io-nth


to :

: Pet.


5.5
4.3
7.5
8.8
9.S
13.8
6.4
9.1
7.8
8.3
9.5


- 22 -




Table 15-Exports of wheat, including flour, from the United States, by countries of destination,1909-1938
Year be: Total : :United : Other : Total :Central:China &:Philip-: Other
Ger- Ne ther- : : : : :
ginning:exports:France: Ger :Greece : Italy : NetheringdomEurope Europe & South: Japan : : coun-
July : many lands :Kindom:Europe :Eope :& South:
July : .I : : many .: : : lana : :.Amrica: 3/ :Islands: tries
:Mil.bu. Mil.bu.Mil.bu. Mil. bu.Mil.bu. Mil.bu. Mil.bu. Mil.bu. Mil.bu. Mil.bu. Mil.bu, jiil. bu. ;1il. bu.


1909
1910
1911
1912
1913
1914
1915
1916
1917
191g
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
L,97g


j Includes flour
Venezuela for all


milled
years,


from Canadian
and Haiti and


j Less than 500,000 bushels.


wheat.
Colombia


2/f
from


Includes Mexico
1931 to 1938.


Panama, Cuba, Brazil, Chile, Peru, and


3] Includes Hong Kong, Kwantung, and Chosen.


89
71
82
145
148
36
246
206
133
287
222
369
283
225
160
261
108
219
206
164
153
131
136
41
37
22
16
22
107
116


37
24
27
43
41
85
68
82
6o
115
62


37
24
50
20
47
42
20
31
24
19
2



31
31


63 11 4 1 10
41 9 10 1 10
45 11 15 1 10
105 11 15 "2 12
107 11 15 1 14
283 14 4 1 34
205 20 2 2 17
179 14 4/ 13
123 6 /
250 7 30
187 12 1 22
321 17 2 1 28
201 15 23 2 42
146 12 20 2 45
70 14 44 3 29
170 14 8 3 66
49 15 11 3 30
140 20 14 3 12
113 17 15 3 58
64 21 18 4 57
79 21 20 3 30
73 17 16 3 22
68 23 28 3 14
14 15 3 3 6
7 16 2 6
:*I 7 3 2 6
.2 7 4 1 6
5 8 _/ 2 7
*73 12 2 3 17
77 11 14 5 9


9










-24-



Table 16.- Wheat. Including flour. In term of grain: International trade, averages 1909-34.
annual 1936-s3


Tear beginning July
Country Average Average Average I 196 1937 I m 9
1~Q_ 0-1 1925-2 : 1930-1 3 193
__ : ort. : Imports : Exports : ImporL e : reports i Imort sportss import. :hporte : Import. :ports : Imerts
: 1.000 1.000 1.o000 1. n 1 o 1.0 1..0o 1,0000 0 100 1,000 1.000 1.00D 1.000
bushels bushebl bushels bushels bushele bushels bumhele bushels bu-hele bushels bushels bumbels


Principal exporting :
countries
Canada ................ 94.286
United States 21 .....: 107 103
Argentina ............ 85.220
Australia ............: 1/ ..732
Hungry ....... ...."..I / 49.1 6
Union of Soviet
Socialist republics .: 5/li. 862
Yugc lavia ...........
British India ........: 50.821
mania .......... ... s 5-.630
Algeria .............. : 5.936
Tunisia .............. / 960
Bulgaria ............... / 11.12
Poland .............
Chile ................I 2.593


Kl?
1.834
3
7
7.211

556

332
196
639
1.76
0

170


307.60o
170.077
159.377
83.268S
23.539

17.731
10.822
10.080
6.528
5.153
3.518
1. 69
1,1107
925


796
15.T15
10
3
8

0
5
s.636
79
1.737
669
U l.BoU
6.820
456


220.491
73.103
143.537
128.363
17.123

48.272
5.421
.129
11.482
11,022
5.92

3.224
703


387
15.591
D
3
1

1.503

3.075
15
1.511
s64
0
509
956


213.028
9.267
162.977
97.712
27.691

4.479
17-94
16.571
36.264
8.633
1.055
7.275
5.658
0


390
3U4.55
0
1
0

221A
0
105
1
1.032
1.681
0
0
225


94.546
100.060
69,670
123.*53
9.102

63.3511
5.011
19.677
32.259
7.580
5.251
1
!


5.5'47
631
0
0
o
0

11. 07
0
1.203
0
1.078
289
0
401
96


150.885
106.I6
11.116
96.672
27.651

5.352
10.097
43.5811
3.546
2.631
3.086
5


2.089
271
0
0
0

0
7.219
0
1.'95

0
N2


13.14 801.934 34.838 678.013 24,423 608.555 38.414 519.207


14.055 575.272


Principal importing
countries
United Kingdom .......
eranc ..............
Italy ................

Braln e ...............:
Netherlands .......... /
China ................
Manchuria ............:10
Japan ................:
Greece ................ 8
Czechoslovakia ....... I
Ireland .............. J
Switzerland .......... I
Austria ..............
igypt ................
Denmark .............. /
Sweden ................
orway ............... :
Union of So. Africa .. j/
Cuba 1 ............
inlard .............. 3/
Spain .................
Peru .................. /
Netherlands Indies 12 /
Syria and Lebanon .t 2
Latvia 4i ... .........
Now Zealand .......... /
Palestine ............
Indo-China ...........
stonia .............. 6


3.736
23.300
3.637
1.230
21.965
0
58.435
5.401
28
2

14
871
59
597
23
0
253
0
0
71
2
0
0

918
0


210,474 11,369
91.851 11.527
56.431 2,014
,O.081 4.170
72.877 2.452
5/20,495 0
5/80,702 943
1 6,691 5/1.862

4.116 5,989
7.035 0
6418
F j1/ 74
5/16.37 0
511102 116
s.244 162
7.155 521
5/ 7.080 2.0oo
5/ 3.674 0
/ 6.274 253
4.167 0
5/ 4.912 0
6.009 526
/ 2.139 3/ 0
1,365 0
0 V/ 14
6 17
3/ 163 45
--- 3/ 97
0 0
6/ 0


215,665
85,668
76,212


32.839
30.050
323,486

23.158
20.055
18.604
18.502
16,1461
16.275
10.448
10.102
9,092
6,964
6.317
5,705
5.390
5.189
2/ 3.387
3,328
2,710
2.027
1.658
3/ 1.338
1.177
1,062


9.461
1l,902
6.680o
20.,414
3.855
0
1.240
5/1,130
10/
11.970
0
3.186
o
15
101
40
76
651
0
193
0
0
65
31 3
0
699
133
202
3/ 17
31 T
0
I/ 198


229.584
28,388
36.
753.6
47,186
32,026
28,488
3/42.162
21.740
18,583
11.289
18.817
18.787
12,984
4.098
14.513
3.,15
8.529
4.184
4.302
2.163
V/ 3,644
3.845
1, 70
60s
970
3/ 2.145
868
281


4,956
87s4
10.162
9.554
4.588
0
845
1,801
683
4,432
0
10.900
0
5
125
711
719
1.874
0
190
0
0

0
0
1.910
81
3
2
0
i/ 138


203.769 4.469
23.6 90 / 187
164, 5.441
17,0 Z Z .14
11.367 4,616
38.961 0
22.115 705
3,027 32
6,259 1.115
8.889 13,275
21,491 0
88 5,089
13.702 0
18.5341 8
9.966 S/ 41
130 833
7.677 477
1.931 2,424
8..530
50 197
4,566 0
3.729 0
4, 18 0
3,617 0
390 78
992 36
536 1
3.528 41
947 0
14/ 247 &J 61


197.509 5.4511
/6.20ao6 9/ 254
10.826 I.471
19.483 20.548
40.927 3.726
36.55 0o
24.318 46
7.702 3.130
2.837 0
1.693 10.91,
17.863 0
?.925 92/
14.097 0
14 357 1
8/7.510 9
222 20
6.908 170
1.688 333
6.994 0
357 206
4.796 0
3.071 0
4.638 #
3, s8 0
,054 1.680
9s6 0
4.0c6 1
1.830 0
1,001 0
14/ 187 14/ 0


total .........: 120,542
Total


683,274 44.576 742.925 75.271 656.930 54,553 537.243 43,340 490,80 50.531 539.149


Preliminary.
Averages for 1909-13. 1925-29. and 1930-34 comprise exports of domestic wheat and all flour; imports comprise all wheat (including for lill-
ing in bond and export) and all flour. Annual 1936-38, exports comprise domestic wheat and flour made from "wholly United States wheat:*' m-
ports for consumption comprise "wheat unfit for human consumption, "wheat other" (42 cents dtiable), and all wheat flour, except flour tm-
ported in bond for export."
/ Average of calendar years.
S3-year average.
/ Year beginning August, International Tearbook of Agricultural Statistics.
Figures for pre-war years are included in the countries of pre-war boundaries.
1 year only.
Beginning April 1938 trade between Austria and Germany no longer reported as foreign trade. Trade of Austria with foreign countries not In-
cluded in German statistics.
a/ Beginning October 1938 trade between Oermany and Sudetenland (0sechoslovskia) no longer reported as foreign trade. German statistic as of
this date include trade of Sudetenland and foreign countries. Beginning April 1939 German etatitice include trade of Austria with foreign
countries.
1 Included with China.
/ 4-year average.
12/ Calendar year.
/ Java and Madura only.
E Monthly Crop Report and Agricultural Statistics. International Institute of Agriculture.


Bureau of Agricultural Iconosice. Compiled from official sources except where otbhrwte noted ..
I .. ... .. ....


' total ........ 67n.,L
: -*


11.s37


224.80D
9/37.452
18.427
19.032
42.986
39.578
28.9g7
28.269
8.273
1.283
13.58
9/
17.182
17.026
i/..
221
5.508
1.918
8.012

2.261

4.827
/ 2,770
604
492
3.258


14/ 19


'------ -------~









WheAt flour: International trade, calendar year, 1909 38


: 909 : 1930 :~__ 1911 _
Country n,,, Ie tExorts Imor ts Exptr aorts m


Principal exporting : f1.n i hl 1.000 bu-
countries
Algeria ............. : 46 207
Argentina ............: 1.310 5.896
Australia ...........: 1.326 5,968
British India 1/...: 366 1,646
Bulgaria ............: 349 1. 69
Canada .............. : 2,542 11,438
Chile ...............: 72 324
Rumania ...........: 213 957
Tunisia .............: 25 112
United States .......: 9,688 45.534
Union of Soviet
Socialist Republics : 1,062 4,779


1.000 Vbl. 1.000 bu. 1.000 bbl. 1,000 bk.


1o6
0
1
35
i/
31
20
0
303
113


477
o
4
159

142
88
0
1,363
532


509 2,288


193
1,298
1,428
449
581
3,189
129
455
19
8.,370


822
5,841
6,426
2,019
2,616
14.351
579
2,050
86
39.340


51
o
2
34
i/
52
20
0
188
189


232
0
8
153

234
90
go
0
846
9go


437 1,966


203
1.333
1.795
581
756
3.542
69
730
18
11.258


913

8.077
2,615
3.402
15.940
311
3,286
81
52,913


1.355 6,096


29
0
2
47

52
30
0
190
119


132
0
11
212
i2/
232
135
0
853
562


379 1,703


Total ........ 16,999


78,430


1,118 5.053 17.358 79,784


973 4,419 21.640 99,631


848 3,840


Principal importing :
countries I
Austria j/ ........:
Belgium .............:
Brazil ..............:
Ceylon ..............
China ...............:
Cuba ...............:
Denmark .............
Egypt 5/ ..........
Finland ............
France ..............:
Germany .............:
Greece ..............:
Indo-China ..........:
Italy ..... .......
Japan ...............
Netherlands ........:
Netherlands India ...:
New Zealand ........:
Norway ..............:
Peru ................
Spain ................
Sweden .............:
Switzerland .........
Union of South Africa:
United Kingdom ......:


Total ........ 5,262 23,686 17.402 78,306 5,650 25,439 16,818 75,687 5,287


23,787


18,273 82,235


Continued -


734
2,627
oV
0
2,459
0
56
0
0
2,219
8,350
0
2
2.125
11
1,315
15
1
1
1
39
4
0
217
3,511


16
584

0
546
0
12
0
0
493
1,856
0

472
3
292
2/
3

2/
9
1
0
48
780


41


79
106
807
516
1,916
964
49
141
13
96
12
172
2,o086
256

54
16
1
71
574
632
6,282


187
104
7,405
355
1,8 27
3,632
2,322
8,624
4,341
221
636
57
430
53
775
9,385
1.152
242
2.469
74
3
318
2.581
2,843
28,270


146
718

0
613
0
13
0
0
o
283
2.137
0

661
10
267
3
1

1
9
1
o
65
722


656
3.231

o
2.759
0
60
0
0
1.275
9,618
0
2
2,974

1,204
13
7
1
6
39
6
0
294
3.251


38
29
1,788
0
504

'9
853

1,368
999
141
167
.9
92
14
203
2,204
301

5&7
17
1
89
573
686
5.615


172
132
8.o6
0
2,268
3,838
2,472
6,155
4.498
633

414
62
915
9,918
1N2.
2,46
74
4
400
2,580
3,085
25,267


122
750
9/
0
456
0
13
40
0
193
1,820
0

746
10
191
C
1
1
1
8
6
35
92
802


551
,375
o
2,051
0
59
190
0
866
8,191
0
2
o

858
0
6
3
3
35
25
156
414
3,610


55
7
1,786
111
1,485
860
599
1,813
1,123
155
172
14
96
18
20
2,242
0
25
645
26
1
79
515
704
5,682


249
213
8,036
499
6,683
3,868
2,696
8,160
5.054
69
65
430
83
90
10,087
0
114
2,904
118
3
356
2,318
3,169
25,567


- ------


--


I.


- ----~-- --~


---~-' -~- -


--


. ...-, ,, .. .


-~---r


pV. i


-.p


-rrr- r-


--r--


Exports


mFru .


1.000 bbl. 1.000 bu. 1.000 bbl. 1.000 bu. 1.000 bbl. 1.000 bU.


1,257 5,654











Wheat flour: International trade, calendar year, 1909 38 Contd


1Q12


Country

Principal exporting I
countries
Algeria ............:
Argentina ..........:
Australia .......... :
British India I1...:
Bulgaria ...........:
Canada ............:
Chile ..............
Ruania ............:
Tunisia ........... :
United States ......:
Union of Soviet
Socialist Republics:


Exports


Imports


1.000 bb. 00 1000 bbl. 1,000 bu.


211
1,480
1.715
714
493
4.30
74
844
8
10,622


951
6,660
7,719
3,2114
2,218
19,362
332
3.797
35
49.921


1.173 5,280


43
0
1
37

55
13
0
311
156


194
0
7
165
1
248
56
0
1,400
734


256 1,152


101Q


S Exports Imports Exports Impr ts
1,000 bbl. 1.000 bu. 1j' 0 bbl. .000 bu. 1,000 bbl. 1.00 bu. bl. 000 bu.bl


140
1,402
2.262
923
270
4.894
69
1,385
70
12,278


632
6.309
10,178
4,153
1,214
22.025
313
6,232
314
57,708


1,836 8,261


41 184


189
757
1.778
684
249
4,671
34
852
6
12,769


852
3,408
8,000
3.079
1,123
21,020
152
3,.33
27
60,015


1,274 5,734


33
0

38
4
59
118
0
166
79


38 172


Total .......
Principal importing
countries
Austria 3/........:
Belgium ............:
Brazil ............. :
Ceylon ............. :
China ............. :
Cuba ............... :
Denmark ............ :
pt 5/............:
Finland ...........:
france .............:
Germany ............:
Greece .............
Indo-China .........
Italy .............:
Japan ..............:
Netherlande ........
Netherlands India ..:
New Zealand ........:
Norway .............
Peru ...............:
Spain .... .........:
Sweden .............:
Switzerland ........:
Union of S.Africa ..:
United Kingdom ....:


21.637 99,489


167
732
Y/
0
434
0
14
36
0
305
1.924
0

675
5
157
0
4

2/
13
5
37
76
940


749
3.293
4/
o
0
1,951
0
65
163
0
o
1.373
, 657
0
1
3,036
21
709
0
16
2
2/
57
22
168
341
4,231


872 3.957 25.529 117.339


82
21
2.133
135
2,179
908
580
1.591
1.074
126
179
16
110
34
191
2.051
416
22
555
30
1
714
494
570
5.742


370
94
9,600
606

4,087
2.611
7,162
4,832
567



859
9,229
1,871
100
2,498
13)

334
2,224
2.567
25,838


369
646

0
95
0
17
1
0
231
2,191
0

1,061

201
0
2
2
0
23
2
34"
82
932


1.659
2,907

0
426
0
75
3
0
1,038
9,58
0
1
4.774
2
903
0
11
7
0
o
105
10
lo
152
371
4,195


518 2,347 23,263 107,243 540 2.441


70
36
1.914
138
1,767
1,202
670
2,285
1.284
113
201
15
150
23
195
2,2E
5
30
760
27
1
97
429
836
6,704


316
162
8.613
622
79949
5.409
3,o01
10,284
5.777
500
904
68
673
103
876
10,166
2, b6
137
3,418
122
5

1,930
3,762
30,169


65

o
le
0
48
0
15

0
255
0
o
874
18
115
0
1
1
2/
58
5
19
53
1,091


295

0
214
0
68
2
0
1.150
6/
0
2
3.935
83
519
0
3
3
1
263
22
84
239
4,908


238
6/
1.503
122
1,495
965
552
1,492
979
1,048
6/
399
106
17
137

113
802
17
10
107
238
656
5.622


1.069


547
6,726
4,342
2,482
6,713
4.407
4,716
6_/
1,796
477
78
616
7,181



74
47
483
1,072
2,950
25,300


Total .......


5.524 24,855 19,314 86,916


5.889 26.497


21,750 97.872


2,618 11.791 18.667 s3.996


Continued -


I '~- -- ~ -


-I '


-- ~~~--------- --------------------- ;i- =--


--


- -- -~ ---


I










Wheat flour International trade, calendar year, 1909 38 Cont'd


Country Exports

Principal exporting : 1t000 bbl. 1.000 bu.
countries
Algeria .............: 199 895
Argentina ............ 1,305 5.874
Australia ............: 81 363
British India 1/....: 600 2,701
Bulgaria ............ 7 32
Canada ..............: 5,569 25,059
Chile ...............: 1 3
Rumania .............: 621 2,793
Tunisia .............: 9 42
United States .......: 15,662 73,613
Union of Soviet
Socialist Republics : 1,081 4,866


S Imports


I


.i .__191J 1:1L
xtmort t Imonn rtsr Ixnor*4t !


1,000 bbl. 000 bu. ,000 bbl. 1.000 bu. 1.000 bbl. 1.000 bu. 1.000 bbl. 1.000 bu.


10
0
3
23

32
609
0

244


44
0
12
105
1
146
2,741
0
881
1,145


147
1,623
2,642
742
14
7.921
32
J/ 1,411
11
14.379


661
7.303
11,888
3.337

35.644
146
6/ 6,3o
67.581


14 65 1,44o 6,478


309
1.265
3,158
878
1
8,771
126
0
12
13,926


I


1,391
5,693
14.213
3.950
7
39,468
569
0
52
62,668


Imports
.000 bbl. 1,000 bu.

1 5
0 0
1 2
1 4
1 3
44 lo6
32 142
0 0
62 277
642 2,891


3 13 /


Total ........


25,135 116,241


1,131 5,140 30,362


139,501


363 1,665 28,446


128,011


784 3.520


Principal importing :
countries
Austria ./..........:
Belgium /.........:
Brazil ..............:
Ceylon ..............:
China ..............:
Cuba ............... :
Denmark ............:
Egypt V............:
Finland ............ :
France ..............:
Germany 6/..........:
Greece .............. :
Indo-China .......... :
Italy ............... :
Japan ...............:
Netherlands .........:
Netherlands India ...:
New Zealand ........ :
Norway .............:
Peru ................ :
Spain ..............:
Sweden .............. :
Switzerland .........:
Union of South Africa:
United Kingdom .......


0
134
0
24
39
0


60
0
250
167
5
0
2


i/
--- o

0
602
0
106
177
0
2,724

0
0
1,123
750
22
0
8


0 0
69 311
o 0
43 194
25 113
911 4,101


Total ........ 2,274 10,231 17,644 79,382 1,958 8,800 21.509 96,776 2,636 11,354


20,237 91,063


Continued -


521

1,449
97
121
936
421
326
862
3,413

561
72
91
21
1,108
285
78
779
19
10
257
55
380
5,752


2.342

6, 2o
S6

4,213
1,.95
1,468
3.877
15.359

, 9
2.525



4,984
1,283
34

85
43
1.155
383
1,709
25,885


52

0
197
0
27
68
0
370

0
O
0
261
213
10
1
2


120
0
4
44
589


232
---~

0
s?7
0
120
306
0
1,663

0
0
1,174
958
14
7
2
2i
539
0
20
196
2,649


1,190

1.329
110
159
1,167
344
306
5, 246
5:2&

399
77
1,517
10
576
343
51
1,028
32
16
52
46
433
5,646


5.354

5.079
1494
715
5.252
1,548
1,375
6,444
23,605

1,796
344
6.827
44
2,591
1,544
230
4,624
145
72
235
206
1.947
25,405


6


0
543
0


0
277

0
0
209
1,099
9
0
9
0

229
0

63
133


27


0
2,443
0
56
208
0
1,245

0

9??
4,9N
41
0
38
0

1.030
0
2
283
598


195

1,237
lo10
462
975
814
256
115
5.339
204
117
1,522
4
261
323
98

29
1
19
76
288
7.940


877

5.566
469
2,078
4,390
377
1,150
518
24,026

918
526
6,849
18
1.459
1,176
. 441
2,668
107
2
86
340
1,297
35.731


--= =-rl~r==~ s ==i;-s -:--


- ---` --~- "--- '-"


-- -~--


---'----


---~


---~~-~--- ------~ --- --


---^'-----'- -I-- l-T-;..--i-. -


--~--


p.r


p--A^V *>







Wheat flours International trade, calendar year, 1909 38 Cont'd


191 1919 : 20
---------: 1918 --i19M : _.__----. -.J30.----- -----_._
Country sports Imports Expor : Impor ts Exporte Impor t

Principal exporting : 1,0 bl. 000 .000u 1000 bbll. bu. 1000b 000 bu. 2.000 10 bbl bu.100 1.000 bu. 10 b 1 bu. 1000 bbl. 1,000 bu.


countries


Algeria ............:
Argentina ...........:
Australia .......... :
British India 1/ ... :
Bulgaria ............:
Canada .............
Chile ...............
Hungary / .........:
Rumania .............:
Tunisia .............:
United States .......:
Union of Soviet Soc-
ialist Republics 8/3
Yugoslavia 11 .,...:

Total ........
!


32
1,985
3,860
434
S/
10,071
461

0
24
21.707


144
8.,931
17,370
1,953
1
45,319
2,073

0
107
97,680


38.574 173.578


0
2/
5
6
24

0

167


2/
0
1
23
17
26
106

0

752


257
3,691
6,605
456

10.064
264

0
34
26,450


1.157
16.607
29.724
2,052
13
45,290
1,187

0
152
121,669


925 47,824 217,851


0
1
2
262
9
23

1,626
17
17


0
4
8
1.177
43
102

7,317
2
76


1.940 8.729


66
2,024
3,148
667
31
4.730
118
10/ 15
9
12
19,854


297
9,108
1 .164
3,001
153
21,285
529
67
41

93,31i


84
0
1
2

26
9
lo1 159
3
1
801


378
0
4
9

115
39
715
11

3,764


307 1,380 4/

30,984 143,394 1,086 5,038


Principal importing "
countries
Austria 3/ .........:
Belgiua ............. :
Brazil ..............
Ceylon .............. :
China ..............
Cuba ................:
Denmark .............:
hgypt 5/ ...........
Finland ..............
rance ..............
Geraany .............
Greece ..............
Indo-China ...........
Italy ...............
Japan ...............
Latvia 12/ .........
Netherlands .........
Netherlands India .. .
New Zealand ......... :
Norway .............. :
Peru ................ ;
Spain ............... :
Sweden .............. :
Switzerland ......... :
Union of South Africa:
United Kingdom ......:

Total ........
I
*


176
y/


0
6,159
0
13
152
0
792
0
0
207
2,869

21
0
79
0
0
921
46
0
331
326


714
3
392
74
167
7
6,467

27

69

130
318
27
316
39
10
63
1,175
121
14,978


7.564


334
1,76

753
30
29,102


31
22,016
312
584
1,1433
124
1.422
569
45
285
5,288
543
67,401


99
0
1,833
0
75
31
0
262

9
0



8
31
0
0
205
13

57
114


445
y
0
8,248
0

140
0
1,181

41
0
675
2



0
0
922
58

258
511


72
2,433
201
185
1,367

522
5,226

554
113
4,037
442

1,534
437

298
46
76
14

278
10.089


326
10,950
905
6,li

1,108
2,348
23,519

2.494
507
18,166
1.990
6,904
1,967
1
2,240
207
341
63

1,2119
45,402


2,6




1









.



1


0 0
22 100

0 0
;94 12,125
0 0
16 78
33 151
0 0
.09 939
.85 832
72 325
0 0

21
0 0
13 57
1 3
29 130
4 20
0 0
139 624
2


46
L30


208
585


11.291
1,128
5-536
1, 18
1,564
6.247
596
6.738
899
6.360
2.39
1,919
0
2,039
713
82
2. 69
1.989
0
1,861
337
702
684

,t575
30,. 91


2.507
251
1,230
315
348
1,388
132
1,497
200
1.347
631
427

453
158
18
504
442
0
413
75
152
152

1.017
6.776


2.650 11,916 26,771 140,653 2,890 13,005 29,564 128,541 3.816 17.182 20.437 91.967
Continued -
Continud -


---


-~-~-
~~ _~~__ ~ .. -~--~--. ----- ----------








Wheat flour: International trade, calendar year, 1909 38 Cont'd

- -- -.- 1"_ig_ _" '' ". ^ ~ "192
Country : : :
Cotr Exorts Imports Exports Imports Exports I ports


Principal exporting I
countries
Algeria .............:
Argentina ...........:
Australia ...........:
British India 1/ ...:
Bulgaria ............:
Canada ..............
Chile ...............
Hungary g/ .........:
Rumania .............:
Tunisia .............
United States .......
Union of Soviet Soc-
lalist Republics 8/:
Yugoslavia .........


1000 bbl. 1,000 bu. 1,bbl. bl. 1 000 bu. 1,000 bbl.


80
715
3.096
793
180
7,278
139
1,406
218
43
16,801


361
3,215
13,932
3.568
309
sog
32.751
626
6,327
983
192
78,964


337 1.518


177
0
2/
19
0
40
1

lo
0
10
966


795
0
1
87
0
181
6
1
0
46
4,540


50
1,277
3.553
509
220
9,485
136
1,830
15025
15,025


1,000 bu. 1.000 bbl. 1000 bu. 1000 bbl. 1000 bu. 1,000 bbl. 1,000 bu.


225
5,747
15.989
2.290
991
42,681
612
8.234
1,14
205
70,616


82 369
0 0
/ 2
35 158
0 0
50 223
36 162

0 0
10 461
69 3.262


256 1.150


Total .......
Principal importing :
countries
Austria .............:
Belgium .............
Brazil ..............:
Ceylon ..............
China ................
Cuba ...............:
Czechoslovakia 1/ .:
Denmark ............:
Egypt ...............
Estonia 12/ ........
Finland ............:
France ..............
Germany .............
Greece ..............
Indo-China ..........i
Italy ...............:
Japan ...............:
Latvia .............. :
Netherlande .........
Netherlands India ...:
New Zealand .........:
Norway ..............:
Palestine 14/ ......:
Peru ................:
Poland I./..........:
Spain ...............:
Sweden ..............:
Union of South Africa:
United Kingdom ......:


31,086 143.245


1,213 5.657


32.642 1149,888


1,000 4,638 37.318 171,188 519 2,389


-.- ,,-


0
131
4/
0
o
1,393
0
1
7
68
1
0
307
167
10
0
56
19
0
568
1
1
2
0
0
22
112
7
54
g90


0
588

0
6,266
0
6
29
305
3
0
1.382
750

0
253
85
0
2.557


10
0
0
100
503
30
243
4,007


1,274
26
738
166
512
1,226
3.122
?11
1,460
130
596
344
205
0
32
397
115
1,002
474
1
327
86
83
341
217
294
239
7,966


5.735
116
3.321
746
2,304
5.518
14,051
1.398
6.572
587
2,684
155
922
0
143
1,788
517
4,507
2,134
6
1,472
388
372
1.534
977
1,323
1,077
35,848


?/
0
479
193
1
1
222
67
1
470

1
1
0
16
51
218
51
1.189


126
1,166
14
0
1,816
0
1.223
64
83
1
o
2,153
861
4
3
999
301

2,114
1
1
6
5
0
72
230
983
231
5.350


1,881
135
1,351
137
2,450
1,175
2.334
531
797
162
861
29
256
522
144
4
422
96
1,050
474
0
448
100
128
192
g/
183
338
7.558


8s,46
606
6,081
618
11,023
5,289
10,501
2,388
3.588
727
3,875
132
1,150

650
18
1,897
432
4,725
2,132
0
2,017
451
577
863
1
823
1,521
34,010


54
292
6
0
89
0
247
26
10
g/5
0
504
46






2/
107
895
118




3
3
6
24
107
43
2,231


244
1,313
29
0
o
403
0
1,110
116
46
1
0
2,267
208
1
2
4,026
531
1
2.68?
2
1
13
11
o
25
107
482
192
10,041


2,413
225
1,012
160
3,964
1,325
2.646
563
1,762
151
1,050
79
1,667
1,338
1I0
23
231
58
1,598
491
0
641
112
97
562
2/
272
500
6,641


10,859
1,015
4.554
718
17,836
5,964
11,909
2.533
7,928
677
4,72
354
7.501
6,021
808
102
1,041
260
7,191
2.211
0
2,883
505
438
2,527
1,225
2,250
29,885


Total ........: 3,817 17.170 21,718 97.741 3.957 17,812 23,758 106.909


5.301 23.854 29,761 133.020

Continued -


6o
905
5,001
664
125
11,199
162
2,081
328
53
16.310


268
4,072
22,505
2,989
5s3
50.394
731
9.362
1, 75
237
76.656


349
0
4
34
0
367
52
0
0
323
1,260


430 1,936


^ --~-~


-- ---------------- -~-`-- I------ ~ ~ -' ~ ~ ~ ~-~- ---~ I~--







Wheat flour: International trade, calendar year, 16 C c 38 Cont'd
: -192v : 1925 192b
Country Exports Imports Exports Imports por Imports

Principal exporting : 1,000 bbl. 610 1.000 l bblO 00 g bu. 1a000 bbl. 1.100 1.000 1.000 bu. 1,66U bb lo0 bu. 1000 bbl. li.O bU.-
countries


Algeria ..............
Argentina ...........:
Australia ..........:
British India 1/ ..:
Bulgaria ............
Canada ..............:
Chile ...............
Hungry .............
Rumania ............. :
Tunisia ............
United States .......:
Union of Soviet i
Socialist Republics :
Yugoslavia ..........
Total ........:
Principal importing !
countries
Austria .............
Belgium .............:
Brazil ..............
Ceylon ............. :
China ...............:
Cuba ................:
Czechoslovakia ......:
Denmark ............. :
gypt ...............
Estonia .............
Finland .............
Trance ..............
Germany .............
Greece ..............
Indo-China ..........:
Irelant 1Zi/.........
Italy ...............
Japan ..............:
Latvia ..............
Netherlands ......... t
Netherlands India ... :
New Zealand .........
Norway .............,
Palestine ...........:
Peru ................:
Poland ..............:
Spain ............... :
Sweden .............. :
Union of South Africa:
United Kingdom ......
Total ........


9664 12,390
39.897 182,737


50 223
0 0
S/ 1
2 9
20 91
79 354
1 3
2 9
0 0
61 275
65 305


0 0
280 1,270


2,596
11
2,041
183
4,474
1,383
4,053
415
1,823
106
1,099
266
6,380
1,546

2,138
36
98
14
1,967
573


76
1,308
0
266
438
6,070
40,495


11.681
589
9, 184
823
20,135
6.223
18.239
1,866
8,202
479
4,945
1,199
28,709
6.955
978
9,623
161
443
63
8,852
2.577
n
2,936

3Z0
5.885
0
1.198
1,970
27,317
I ?.P?4


1.5~
4.580
872
211
10.319
156
2.155
291
17
11,119

T2L


31.745


42
850
5
0
196
0
157
111
2
0
0
92
1,114
0
1
16
996
781
3
639
0

2
4
0
30
160o
102
55
3.932
9.290


246
6,952
20,610
3,925
46 13
704
9,698
1,308
76
52.258

Y j


145.072


190
3,824
22
0
882
0
708
497
8
0
0
416
5,015
0
7
71
4,481
3.517
15
2.876
0
19
9
19
0
137
722
458
247
17,695
41.817


3,658
r>


16,460
0


69
1,599
4,813
713
492
10,457
119
1.655
1.220
43
11,850

Xfiq


312
7.196
21,660
3.210
2,212
47.056

.R5
7, 7
5,489
195
55.697

1V661


84
0
1
1
0
53
66
if


0


O -3 -- --


4,005


18,026


1,143 5,144
235 1,055
1,845 8,303
183 823
1,913 8,607
1,275 1;738
3.1 1 14.359
2,003
2,235 10,058
118 31
1,201 5. 4
75 338
4,427 19.921
1.259 5,664
200 900
1.795 8.076
135 606
52 233
4 18
1,547 6.964
600 2,698
84 377
589 2.649
190 857
73 327
2.630 11,837
A/ 2
138 621
309 1.390
4,869 21.911
32,760 147,M44


33,399


152.670


1,092


12 55 1,633 7.348
330 1,486 295 1.32
8 36 2,490 11,204
0 0 205 923
81 363 2.915 13,118
0 0 1,234 5.551
26 118 2,46 11,088
21 95 623 2,805
4 20 2.200 9.902
0 0 78 352
0 0 925 4,162
347 1,562 243
819 3684 1.3 6,158
0 0 1.670 7.516
1 4 214 964
14 62 1,809 8,139
295 1,328 25 112
1,151 5,181 82 371
9 41 3 12
138 621 1,597 7,185
2/1 3 3,119
27 1 274 1,235
1 3 663 2,983
2 10 226 1,016
0 0 83 373
61 276 10 45
165 740 2/ 1
118 531 140 628
51 230 294 1,322
2.307 10,381 6.030 27,136


91
82

0
107
0
91
73
11
0
0
710
159
15
1.5
1,446
128
1
828

4
3
0
4
122
50
49
3,646
8.366


409
3.703
17
0
481
0
409
326
49
0
0
3,193
715
2
4
69
6.506
575
5
3,727
1
1

15
0
19
548
224
220
16,407
37,643


Continued -


..= :. ==================== = a.. ... "" ."'i ..........


39
1,963
4,814
824
134
11.477
249
2.432
1,293
18
15.990


176
8,834
21,664
3,706
603
51,646
1,121
10,945
5.,17
83
75,152


5.961 26,829


30.297 136,339


~ ---~---~ --~C=L ~ I .--- ---i------ -- ----- I---n---_n- -----~--I~


---


--


iiu I








Wheat flour: International trade, calendar year, 1909 38 Cont'd

_________ .. 1q28 lQJ2
ountr exports I ports Exports Imports Exprpoltt

Principal exporting 1,000 bbl. 1,000 bu. 1,000 bbl. 1,000 bu. 1,000 bbl. 1,000 bu. 1.000 bbl. 1.000 bu. 1.000 bbl. 1.000 bu. 1n b.. 1.000 bu.
countries
Algeria .............: 41 186 64 286 167 749 19 81 80 360 32 143
Argentina ........... : 1.908 8.587 0 0 1,902 8,559 0 0 1,541 6.933 0 0
Australia ...........: 5.269 23,711 1 3 219 / 2 5.553 990 1 3
British India / ...: 699 3,.145 1 6 67 3.033 2 8 53 2,424 1 6
Bulgaria ............ 166 715 0 9 423 o o 64 g/ 1
Canada .............. 9,263 41.683 64 290 10,737 48.318 76 341 9,574 43,082 85 383
Chile ...............: 108 485 121 547 0o 361 57 256 85 380 17 75
Hugary ............. 1.748 7,868 0 o 2,209 9,939 0 0 2,952 13,283 0 0
Rumania ............: 755 3.395 /1 280 1,259 0 0 92 415 0 0
Tunisea .............: 29 133 12 54 44 197 20 92 64 289 8 38
United States .......: 12,823 60.268 5 26 11,852 55,704 6 28 13,663 64.218 2 9


Union of Soviet 4/
Socialist Republice :


Yugoslavia ..........: 142 641 3 14
Total ........ 32,951 150,847 271 1,227
Principal importing -"- -- -


22 98 75 339 11_9 537 2


32.939 150,594


255 1,150 34.276 156,975


666


countries


Austria .............: 7 31 1,809
Belgium .............: 249 1,121 132
Brazil ..............: 1 3 2,296
Ceylon ..............: 0 0 223
China ...............: 80 362 2,602
Cuba ................ 0 0 1,301
Czechoslovakia ......: 7 31 1,969
Denmark .............: 18 82 723
bgypt ................: 12 55 1,749
Estonia .............: 2/ 2 70
Finland .............: 0 0 9314
France ...............: 63 283 82
Germany .............: 409 1,838 669
Oreece ..............: 0 0 751
Indo-China ..........: 2/ / 2
Ireland .............: 8 31 1,919
Italy ...............: 211 99 20
Japan ...............: 851 3,832 226
Latvia ..............: 6 27 6
Netherlands .........: 81 364 1, 854
Netherlands India ...: 1 73
New Zealand .........: 0 0 Il6
Norway .............. 1 3 779
Palestine ...........: 2 7 204
Peru ................: 0 0 100
Poland ..............: 9 40 146
Spain ...............: 173 780 2/
Sweden ...............: 52 234 165
Union of South Africa: 14. 218 275
United Kingdom ...... 2 2,391 10,760 6,203
Total ........ 4,679 21.057 28,331


8,139
595
10,334
1,003
11,708
5,855
: .859
3,253
7,869
316
4,202
367
3,010
3,379
1,o03
8,637
91
1,018
25
8,341
3,315
655
3.506
919
4484
659

744
1,237
27,914
127,48g4


8
359
1
0
58
0
7
16
10
0
o
0




292
1,634
2
60
0


1
2
0
1
87
67
53
P2501 1
5,807


37
1,636
5
0
262
0
33
73
43
0
0
111
2,816
0

Sh
s/4
1I315
7,262
10
270
0
1
6
11
0

390
302
240
11,255
!6,147


1.357
188
2.355
234
4,071
1,245
1.970
874
1,778
81
1,449
219
433
553
256
1,'
94

1,96
821
97
810
241
97
33
0
217
328
5,036
2.,640


6,105
845
10,587
1,054
18,321
5,604
8,863
3,935
8,000
364
6.520
987
1,949
2,486
1,151
8,078
1814
423

8,838
3,694
436
3,647
1,087

s6
0
976
1,475
22,662
128,8790


254
6
0
18
0
6
17
8
0
0
23
745
0

24
754
2,067
7
105
0
0
2
1
0
35
59
53
64
2,469
6.726


40
1,141
27
0
82
0
27
75
35
0
0
105
3.351
0
1
106
3.392
9,304
32
473
0
0
8
4
0
158
266
238
286
11,112

30.263


1,617 7,277
314 1,41
1,832 8,24
227 1,020
8,119 36,537
1,260 5,672
1,842 8,291
734 3,302
2,626 11,816
75 340
1,467 6,600
163 735
341 1,534
351 1.580
28 1,118
1,766 7,947
42 189
79 35
3 15
1,408 6,335
847 3.809
100 449
806 3,629
310 1.394
106 477
19 84
0 0
187 841
335 1.505
5,495 24,79s


32,719 147,237


Continued -


---


,,


--


--


---.








Wheat flour: International trade, calendar year, 1909 38 Oont'd


Country


Exports


Principal exporting : 1,000 bbl.
countries
Algeria .............: 139
Argentina .......... : 1.173
Australia ...........: 4,939
British India 9f ...: 595
Bulgaria ............: 36
Canada .............. 7.515
Chile ............... t 97
ungary ............. : 2.588
umania ............. 238
Tunisia .............: 104
United States .......: 13,060
Union of Soviet
Socialist Republics t 174
Tugoslavia ........... 84


Total .....


30,742


Imports


Exports


1000 bu. bb. 1000 bu. 1.000 bbl. 1,000 bu.


624
5.279
22,227
2.676
162
33,817

11.6u6
1,069
468
61,380

783
380
140,948


21
0
1
2
g/
55
6
1
0
5
2

0
2
95


95
0
2
7

2416
29
3
0
22
9
0
8
421


64
969
5,660
496
238
5,697
12
1,403
439
100
9.654

338
25,18
25,108


289
4,360
25,469
2,231
1,072
25,638
55
6.311
1.975
451
45.375

1,522
171


114,921


Imports Exports
1.000 bbl. 1.000 bu. 1.000 bbl. 1,000 bu.


31 138
0 0
/ 2
2i 2
0 0
22 99
1 7
2
0 0
6 28
2/ 1


167
652
6,26q
324
245
5,132
12
673
80
85
5.795


751
2,933
?8,210
1,457
1,102
23.093

3.027
360
381
27,239


346 1.559
44 200


19.824 90.366


Imports


1.000 bbl. 1,000 bu.


24
0

1
0
16
29

0
11

0
0
0


107
0
2
3
0
74
128

0
48
1

0
0


81 363


Principal importing :
countries :
Austria ............. :
Belgium ............. I
Brasil .............. :
Ceylon ..............
China ............... .
Cuba ................ :
Csechoslovaka ...... :
Denmark ............. :
Eypt ...............
Estonia ..............
Finland ............. :
prance .............. ,
Germany ............. t
Greece .............. t
Indo-China ..........:
Ireland .............t
Italy ...............
Japan .............. :
Latvia .............. :
Manchuria UI/ ......
Netherlands ..........
Netherlands India ...1
New Zealand .........:
Norway ............. :
Palestine ...........
Peru ............... :
Poland ..............
Spain ............... :
Sweden ..............
Union of South Africa:
United Kingdom ......:
Total ........


7
96
4
0
3
0
798
14
6
0
0
3.233
331

11
579
1,349
39
---
79
0
0
1

0
221
24
22
56
2.2q9


33
433
16
0
14
0
3,589
65
27
0
n
14. 55n
1,89
2/
1
47
2,607
6,070
177

357
0
0
5
1
0
993
110
101

10.3


1,741
121
1,713
229
3.5
1,084,
2,143
787
2,198
62
1,117
s89
250
161
252
1,891
75
219
1
---
1.7q7
892
97
733
156
87
14
0
140
204
6.603


7,

7,708
1,031
15.882
4, 879
9,642
3.543
9,893
281
5,026
1,299
1,123
723
1,136
8,510
339
987
4
---
8,085
4,015
438
3,299
703
392
63
0
632
919
29.711


12


0
17
0
708
9
6
0
3.993
25
0

7
869
1,520
12
---
52
9/
0
5
0
0
318
33
0
64
2,350


55
381
18
0
77
0
3,185
39
2
25
0
17.970
113
0
1
34
3.909
6,83


235
1
0
20
0
0
1,4

0
290
10,577


1.319

690
214
3.326
933
306
759
1,706
23
876
187
ON
121
61
207
1,921

1
-
1,289
896
121
777
190

9
0
22
49
6.042


5.937
343
3.103
963
14,967
4,199

3, 14
7.676
105
3,942
842
542
272


650
290
3
-
5,799
4,
3.4
856
361
41
0
98
220
27,188


18 82
34 153
4 20
0 0
6/ 368 LA/ 1,657
0 0
871 3,921
8 35
1 3
0 0
0 0
1,659 7,464
235 1,059
0 0
/ 2
2 9
1, 57 7,078
2,44 11,222
0 0
90 o404
24 109

0 0
3 12
0 0
2 11
154 694
4 19
0 0
38 172
2.7V5 12.309


Continued -


543
29
56
208
lf/ 4.515
850
407

644
2
577
188
92
17
185
1,699
132
28

2,780
352
800


226
41
0
0
12
6
4,816


2,446
131
254
936
16/20,116
3.827
1,832
2,211
2,198
10
2.59
s44

76
832
7,602

1
12,510
1.553
3.598
597
2.450
1,015
184
0
0
56
26
21,673


20.363 91.641


9,172 41,282 28.585 128.642 10,o089 45.4o


22,40o 100,834 10,317 46,436


rln -~1-- -----


r


~-------


17


9
I


I ~I -. -------------- --- -- --- -


2,299 ?2.Tl l


~-II --~-


101


19Q2







Wheat flour: International trade, calendar year, 1909 38 Cont'd
---- ~ ~ .' Vt -- 1-


Country

Principal exporting
countries I
Algeria .............
Argentina ...........:
Australia ...........
British India j/ ...
Bulgaria ............:
Canada ..............
Chile ...............
Hungary .............:
Rumania .............
Tunisia .............:
United States .......:
Union of Soviet


Exports


Imoorts


Exports


Imports exports


r^^ m .. r .nn aas nnn nft 1flflf .
U.UUU~~ ~ ~ U00 bb 1.UI 0U00 b, .,. *fl


1,000 bbl. 1,000 bu. 1,000 bbl. 1,000 5?


311
1,113
6,283
135
33
5.570
2/
553
3
90
3.963


1.401
5,008
24.271
609
147
25,067
1
2,488
14
403
18,628


Socialist Republics 353 1,588
Tugoelavia ..........: 24 _10_.
Total ......: 18431 83.732


0 0
. 0 0
344 1,548


509
1.242
6,349
133
20
5,054
35
551
0
281
4,163

580
26
1,.943


2,289
5,589

89
22,742
156
2,480
0
1,262
19,568

2,605
61172
86,072


55
0
1
2
0
178
40
0
0
121
18/ 1

104
0
502


247
0
4
7
0
802
179
0
0
545
5
469
0
2,258


442
996
6,992
197
0
4,881
21
592
1
222
12/ 938

340
26
15,648


1,988
4,482
31,466
884
0
21,975
95
2,666
5
1.001
19/ 4,4o6

1,528
116
70.612


Principal importing :
countries
Austria .............:
Belgimm .............:
Brasil ..............
Ceylon ..............
China ...............:
Cuba ................ :
Czechoslovakia ......:
Denmark .............:
Egypt ...............:
Estonia ............. :
Inland .............:
france .............. :
Germany .............:
Greece .............. :
Indo-China ..........:
Ireland .............:
Italy ..............:
Japan ...............
Latvia ............. :
Manchuria ...........
Netherlands .........:
Netherlands India ...
New Zealand ........:
Norway ..............:
Palestine ........... ,
Peru ................ :
Poland ..............:
Spain ............... :
Sweden .............. :
Union of South Africa:
United Kingdom ......:
Total ........


wI~~in-matn1C~L~~ a=-EsflflsrflSi-EI~-LE1~-- -~ =t


26
2/
0
447
0
974
9
1
0
0
2.335
2,023
1


1.772
3.580
0
2
7

0
2
0
1
89
13
0
36
1,772


13
115
1
0
2.012
0
4.384
40



9,102
5


7.,976
16,109
0
7
32
2f
0
9
0
4
400
57
o
162
7,975


325
77
547
176
2.201


398
56
0

341
37
8
173
793
192
10
0
5,694
506
804
114
566
303
11
o
o


5,568


1.464
1,461
2, C
793
9.906
3.593
738
1,792
254
0
2,412
1.536
167
35
778
3,568
864
45
0
25,622
2,275
3,620
512
2,549
1,363
50
0
0
o

13
26
25,055


5
20
0
0
73
0
299
8

0
0
2,234
2,027
0

0
2.062
2.988
0

2
2/
2
1
2/
185
7
0
40
1,653


25
89
0
0
327
0
1,344
36

0
0
10.052
9,119
0



1
0
9,279
13,446
0
1
10



6
2
832
32
0
178
7.439


448
118
1,110
1914
670
945
10
243


478
690
28
10
182
335
95
11
0
5.883
238
879
112
505
278
31
0
0
2
11
5.360


2,017
531
4.993
874


5
1,092
204
1
2.150
3.106
126
44
820

426
51
0
26,476
1.96?
3,954
502
2,272
1,250
139
0
0
8
49
24,119


4
28

0
4
0
326
11

0
0
1,724
141
0

0
2.320
3.253
0
2
6
0
0
2
7

743
2
4
36
1,482


Imports


244
0
3
19
0
513
145
0
0
127
63

673
0
1,787


17
124
1
0
20
0
1.468
50
1
0
0
7,760
634
0
2/
0
10,441
14,637
0
o
10
27
0
0
9
30
1
3.343
7
16
161
6,669


481
52
511

574
1,028
9
175
35
0
357
651
31
201

28
23



16
0



125
485
380
16
0
0
1
7
4.557


2,164
232
2,301
986
2,584
4,626
39
786
158
0
1,608
2.931
138
64
907
586
125
105
0
23,558
2.102
4.131
562
2,183
1,710
72
0
0
5
31
20,507


13.093 58,914 20,408 91.836 11,606 52.228 18,911 85.994 10,095 45.426 16,710 75,201
Continued -


__~_ -11


-I


-- ---


e~-rJ;cx~P~ILI1I~


-----


r111


L 5t


S,.r uu. I~uv~ vu


C.UV UU 'VVq U.~LU~ ur rv u








Wheat flour: International trade, calendar year, 1909 38 Cont'd


193b6 1937 1 3918


Country Exports

Principal exporting : 1000 bbl. 1,000 bu.
countries


Algeria ............ :
Argentina ...........:
Australia .......... I
Pritish India 1/ ...:
B-l ,aria ............:
Canada .............. :
Chile ............... :
Hungary ............. I
Rumania ............ :
Tunisia .............. :
United States .......
Union of Soviet
Socialist Republics :
Tugoelavia .........
Total ......
Principal tiporting :
countries
Austria ..............
Belgium .............:
Brazil ...............:
Ceylon ..............:
China ..............
Cuba ................ :
Czechoslorakia ......:
Denmark .............:
Egypt ...............
Estonia .............
Inland .............:
Prance ..............
Germany .............:
Greece ...............
Indo-China ..........:
Ireland .............
Italy ...............
Japan ............... :
Latvia ..............:
Manchuria ...........:
Netherlands .........:
Netherlands India ...:
New Zealand .........:
Norway ..............
Palestine ...........:
Peru ................
Poland .............. :
Sweden ..............:
Union of South Africa:
United Kingdnm ......
Totl ........


387
897
5.702
203
33
4,850
20
609
1
189
978

631
550
14,550


1,741
4.038
25,660
915
150
21,825
92
2,742
3
849
4.596

2.839
22674
65,674


Imports


1.000 bbl. 1.000 bu.

29 132
0 0
2
11 49
0 0
63 235
7 31
0 0
e 0
254
41 193

91 409
0 0
298 1.355


Exports Imports Exports Imports
bbl. 1,000 bu. 1.000 bbl. 1 u. L. 1000 bu. 1,000 bb. 1000 bu.


267
1.071
5,798
630
27
4,087

650

137
2.270

644

15.679


1,203
4.818
26,092
2,837
123
18,392
1
2,925
35
616
10.669

2,897
404
71,012


43
0
14
0
63

0

82
22

17
0
287


195
0
2
17
0
282
253
0
0
367
105

78
0
1.299


318
945
6,929
755

3,912
0
431

165
3.703

571
111
17.848


1,430
4,254
31,180
3,398
36
17.603
0
1.941

744
17,o403


48,055
81,055


--~~~~~~- --- --- -- ------- -- .-e-- l


S/ 389 9
10
2
0
0
1.1495
325
0
2/
0
1,706
1,461
0
1
42
0

1
0
0
1,158
10
39
1.314
8.143


54
18o
17
0
467
0
/ 1,752

9
0
0
6.727
1,463
C
1
0
7,677
6,576
0
5
190
0
1
5
0
0
5.213
47
175
6.049
36.652


300
66
572
165
349
1,002
?o/ 12
94
34
0
294
599
6
9
208
80
9
253
0
2,368
705
803



o3
78





4,780
139

13,595


1,350
296
2.572
741
1,569
4,511
22/ 54
424
152
0
1,323
2.696
29.
142
935

1.139
0
10,656
3.171
3,615
349
1.975
1,550
7TO
0
o
5
36
21,508
61.168


19
43
o
17
o
791
15
38
0
0
1.305
48
0

0
1.871



0

1

0
267
12
48
892
7.511


86
191

0
78
0
3.561
68
173
0
0
5.871
218
0
1
0
8,421
8,149
0
311
1,183
0
1
2
4
0
1.2

214
4,013
33,02


??6
34

342
1.056
2
95
26
0
235
412
544
214
67
45
102
0
852
728
863

361
307
16
o
1
5
4,871
12,076


1,019
153
2.091
736
1.538
4.75:4
11
427
118
0
1,056
1.855
2.,7
41
962
302
204
461
0
3,971
3,275
3,883
17
1,624
1.383
73
0
5
21
21,919
54.346


2 7
46 207

0 0
82 369
0 0
446 2,007
15 67
5 25
0 0
0 0
918 4.129
38 170
0 0
2/ 1
0 0
S1,125 ,o064
3,212 14,453
8 35
25 113
16 72
0 0
0 0
1 4
3/ 1
o o
351 1.5o0
7 30
46 o20
_, 5_ l___
7.547 33.960


86 387
o 0
2/ 1
2 9
0 0
89 399
40 175
0 0
0 0
86 387
5 21

8 35
0 0
316 1,417


172 774
9 38

179 807
2,866 12.896
1.026 4,618
2 11
??3 1.003
41 l1S
0 0
337 1.514
384 1,729
15 66
273 1.229
58 260
170 765
5 21
0 0
1,485 6,683
762 ?,428
gi/ 616 21/ 2,770
2
461 2.075
220 990
22 97
0 0
3 14
6 27
4.387 63.7436
14,187 63.836


Continued -


""


....;;;;;; ;i;iiiiir r i :::::::::::H::









Wheat flour: International trade, calendar year, 1909 38 Cont'd


Includes Sea-borne and Land trade; re-exports not deducted from imports.
Less than 500.
Includes Hungary prior to and during the World War.
Not separately reported.
SIncludes cornmcal 1909-18.
War period no data available.
S9 months, Jan.-Sept., from Int'l Institute of Agriculture Yearbook.
/ Russian Revolution, no data obtainable.
g Included with Austria; reported as Austria-Hungary prior to and during the World War.
1/ From 1920-23 inclusive, includes some rye flour.
1-/ 1909-18 not comparable with later years; prior to 1919 known as Serbia.
1/ 1909-20 not comparable with later years; previously was part of the Russian Empire.
1/ 1909-20 not comparable with later years; Czechoslovakia comprises the former Bohemia, Moravia, Silesia and Slovakia
which belonged to the Austro-Hungarian Empire.
1_4/ Not available prior to 1921; compiled from Int'l Institute of Agriculture Yearbook 1921-1932.
5/ HNo data available prior to Jan. 1924; included in United Kingdom.
SManchuria not included after 1932.
j Included with China prior to 1932.
/ Beginning 1934 imports for consumption; all previous years general imports.
SBeginning 1935, exports are flour made from "wholly U.S. wheat" (not available prior to this date),and imports exclude
flour imported "in bond for export".
2/ Preliminary.
2/ Java and Madura only.


Bureau of Agricultural Economics. Compiled from original sources, except as otherwise noted.




1IlIVERSIT Y OF Fi ORIDA


3 1262 08861 8433




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