St. Paul daily globe., 1889-02-07
THE WHEAT SITUATION.
A Rather Dismal Prospect for the Mill
ers.
WINTER WHEAT ON TOP.
The Wheat Available Twenty Three
Million Bushels, Against Fcrty-Seven
Million a Year Ago. q.

Col. G. S. Rogers has made careful
rev Jew of the Northwestern wheat sltu-i
alton, and in the Market Record OF last
evening has something of interest to say
to the millers, and farmers as we'll:
The wheat now in the NOTWITHSTANDING
sofa and Dakota-outside of farmers hands,
amounts to little more than 17,0OO,OOo
bushels. year ago the amount was nearly
35, 900. 900 bushels, or more than twice rs
much as row. The quantity left back s IN IN tne e
hands OF farmers as surplus, above bread ana
Seed is variously estimated at 4.0O0OO 10
10000, 600 bushels, usually called about
6,000, 600 bushels That is probably ABOUT
half as much as was left in farmers hands a
year ago. Allowing the common estimate 10
be correct for the amounts in farmers hands,
then the total quantity available to go out
side is approximately 23UUO.OOO bushels,
against AZ, 100, 900 bushels Feb. l year
ago.
From Feb. to Sept last year 3,96s, ,9O4
bushels went to Duluth and lS.6o|.93l
bushels came to Minneapolis, and there were
left in the country elevators on Sept. ], 62I,,,
600 bushels. That made the total shlpped
from the country houses to Minneapolis ana
Duluth, from Feb. to Sept. 1, including the
amount left over in the country elevators
Sept. /, 23. .2S3, S35 bushels. There were l9-
325. 600 bushels in country elevators Fep.
year ago. Allowing there were 12,00O,OOo
bushels surplus in farmers hands year ago.
or twice as much as now then there were 10
be moved from the interior. Feb. last year.
81, 1926 900 bushels. AS shown, %, 2So, 500
bushels went TO Minneapolis Duluth ana
carried over in country elevators leaving the
amount of S,O41. 165 bushels to be otherwise
disposed OF. That went out as wheat through
other channels than Duluth and Minneapolis,
aud as -four ground at other points than Min
neapolis, in the state and territory.
There were Z, ,241 900 bushels in country
elevators Feb. l. which, with the estimated
100000 bushels in farmers granerles.
make 1924 900 bushels to be yet moved
from the interior this crop year. against 3l,-
325 900 bushels year ago. or 42l2 per cent.
That amount yet in the interior is more than
5,OO0,tOO bushels less than came TO MIME
apolis. after this time, from the previous
crop. The amount shipped from mere as
wheat is averaging as large as last year,
being too poor for the use of Minneapolis
mills. There was 100000 bushels OF
wheat i'll store here Sept. 1.last year, III pup,
lie elevators. and probably about 50ooo
bushels in private storage. The amount here
now is very nearly the same as year ago, SO
If every bushel surplus wheat now in
the interior in the Northwest come to Mlnno-
apolis and relative shipments continue the
same, there viii be little more than 900.
900 bushels less to grind here, with stocks
already here now and last year at time, there
were ground here between Feb. l and Sept.
l last year, without leaving any surplus IN
farmers hands, nor bushel In either publc
Uf private elcf fdtOIo III VI any AZ
country elevators. That is figuring on the
basis that the estimate of surplus i'll farmers
hands is correct and that every bushel OF
surplus now III the interior come to Mlnne-
apolis. But it will not all come 10 Minneapo-
lis. Some will go to Duluth, some to mer-
chant mills in the interior, and some will go
out as wheat through channels south of US.
That our city mills must lie idle considera-
Bile of the time between now and another
harvest is a certainty. They would have TO
do it even if there were profit in grinding,
ming. In spite of all that wheat is relatively
too high here for any legitimate purpose. for
there is an actual loss i'll putting 1t to any
consumplive use. Other markets may come
up to it, but from present outlook there is
little prospect of so desirable result. Mill
ers must therefore, make up their minds not
only to lose a part of their trade to their win
ter wheat neighbors, that will be hard to get
back again, but they may as well MAKE up
their minds that there is a thin profit to be
secured, if any, while they are losing it.