The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-01-12
WHEAT ON The FARM
Il Is Estimated at 1893, 100000 Blu.
or 40 Per Cent Of the
1902 Crop.
With Other Unmarketed Wheat the
Total Supply Is Estimated at
381,ooo,o0o Blu.

i Forty per cent of the wheat crop OF
1902, or about 26s, 600 bushels, has not
yet gone off the farms OF the total yield
of last wear, about 10000, 900 bushels were
of understandable quality owing to dam
age by wet weather during harvest. TAX
ing the government figures Of $4,000, 900
bushels as the total, this leaves $40, 900, 900
bushels as the marketable yield Of 1902.
With wheat carried over from the previous
crop, there was In all 748, 900, 900 bushels +
in, the total supply, this including 4O.0Oo,-
900: bushels as the exportable surplus OF
Canada. To Jan. there have been 367,-
900, 900 bushels consumed leaving 381, 000,-
900 bushels with which to start the new
var Between now and July l, milling,
seed and export requirements will run to
800, O000 900 bushels, leaving an available
supply on July next of 81, 000, 900 bushels.
against SS.000.000 bushels on July !, 1902.
. This is the regular annual summary,
prepared by the statistican of Bartlett,
Frazier & Co. Of Chicago, a copy ofsWhich
came this morning to A. G. Chambers, To-
cal representative. The report reads as
follows: " % ~.e>
| The close Of the first half Of the crop year
J of 1923 seems an opportune time for us to
| review briefly the returns from the harvest Of
| 1902; the extent to which the said returns have
I moved into consumption and the demands that
will probably be made BY the trade requirements
| against the available supply of this cereal be-
| fore another crop may, be harvested. Necessary
| data have been lacking on two Important items
which must be taken into consideration in con
nect1on with this subject, namely, the amount of
wheat from the crop OF 1902 that was rendered
unfit for commercial purposes by the wet wealth
er at and after harvest. and the amount con-
| shutting the farm reserves Jan /, 1903.
We have caused a very thorough investigation
| to be made to secure reliable information on
these two points, with the result that the pOpu-
| lar idea that the loss through the wet weather
at and after harvest Will amount to total Of
$4,000 900 bushels is fully confirmed. We find
the farm reserves on Jan. /, 1908. to be 40 per
nf Ia III -
i these two factors determined with reasonable
accuracy, enabled to present the follow
ing figures: !. -
Farm stocks, July /, 1902. 81, 600, 900
Commercial stocks July l, =
Crop '1 1902, government fls- o0'''0.
Canadian exportalle sur
plus .........'. -.:... 4oooOooo -, AK ooo
Less amount estimated
unfit for commercial
"a purposes ............. 10000 900
Total supply ..............s 74s, 600, 900
, Consumption, six months. 100, DOC, 900
Seed winter wheat 1883, 90, 10000
2 ''~p'''' va ~ 3e7, 900 900
Leaving balance, jan. 80, ooo ooo
: Commercial stocks, Jan. -, ooo ~ =.
Farm ls Stocks 10 per cent - ~. 49,
of crop) ............ ..268, DOC, 600 -.
Canadian exportable sur S t,.l.>-a ..
Plus '''''''''''''''.;'- -o'ooo,ooe ss1 100000
y Against this amount our ~
home requirements are /, S.
CONSUMPTION six month 400, DOC, 600
Spring wheat seed ..:.:. 6o'ooo'ooo
Leaving balance available -
against export require
ments and stocks in all A.. IA,
positions, July 1, 1908. 1o1,oVO,oot
Probable exports, SIX -:-.3&. a. 40 a.,
months ...sh III <1oV'ooo'0o>
st GEiy N 1908 psts u 81, 900, oot
a. GO compared with ss.ooo,oUo July !, 1902