The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-09-05

of 1901.
The probabilities would seem to point
to fluctuation from year to year, az
tions, from 500,ooO,0O0 bushels to $780,
100000, with a possible rise to $780,
100000 bushels under very favorable
conditions. Taking everything into
consideration, this authority. estimates
the yield Of wheat in the United States
in 1925 at 750,000,0O0 bushels. "
Argentine Output.
He is of opinion that the Argentine
will almost rival Canada in its phe-
nomenal rise to one of the first places
as wheat-producing country. The
soil is marvelously productive, and the
climatic conditions are favorable to
wheatgrowing; The available acreage
difficult than in the case Of Canada to
reach any satisfactory conclusion as to
the approximate yield Of wheat in the
Argentine in 1925, an estimate based
on the increase in production during
the last few years, the. average yield an
| acre, and the probable acreage under
| cultivation, leads to the conclusion
700,000,000 bushels to the world 8
wheat supply.
European Countries.
So far as the European situation is
concerned, this Canadian authority is
Of opinion that, with the exception Of
Russia, the production of wheat will
mot Peo os1X in 1 tha ut4ss TO-
duction was 156,OOO,OOO in 1900. It
dropped to 110,0OO,00O the following
year, and then climbed up to 143,000,-
900 in 1902, dropping again to 132,0O0,-
900 in 1903, which was a comparatively
lean year the world over. France
shows an increase of IL 100000 bushels
between 1900 and 1908; Hungary,
2l,ooo,oQo, and Italy, 2s,oGo,ooo. The
this may be partly due to the fact
that 1908 was particularly unfavora-
BILE year, the two previous years hav-
ing shown slight increase. Russia
| jumped from 100000 bushels in
1900 to 44O,oOO,000 in 1902, and despite
unfavorable conditions, managed to
hold to the same figures in the follow
ing year. \ ,-"T
The proba bilities seem to point to
little or no Improvement in the exist
ing production of wheat in eastern and
southern Europe, with a considerable
increase in Russia, and a much less
marked increase in Hungary. Italy 8
case is exceptional. The Increase Of
the past few years is due, to exception
|
acreage is too limited to admit of any
very considerable increase in the flu
} uation, therefore,, this authority
places Russia fourth in the list of
:. eat.producing nations in 1925, with
ing nations of Europe, individually
far behind.
India, not having been subject to
,, the depressing climatic and other influ.
ences which so seriously affected the
1903 wheat crop in other portions of
y the world, showed a remarkable in.
crease Of 100000 bushels over the
100000 over 1900. The forecast places
India fifth in the 1925 list, with ap
proximately 600,000,000 bushels.
The Export Lineup.
Turning, then, from the production
of wheat to quantities available for ex
port in 1925, my Canadian informant
again places his own country at the
.. population Of the Dominion at 10000,
900, and the per capita consump tio1
. of wheat at six bushels, there would b.
{ required for home consumption 100,
l 100000 bushels, which, with the add
: ton Of what would be required TO,
. seeding, and allowing for loss, waste
etC., WOulu leaVe between oOU,UOO,UO'
and 7OO,00o,o00 bus hels available TO-
! export. The Argentine, in his opinion
a would be the only serious competito
= of Canada as an exporter of wheat.
, The United States, whose population
in 1925 is estimated to be 100000, 00C
i. and whose present per capita consu1np
: ton of wheat is 5.25 bushels, wou1
y require 575,00O,000 bushels to suppl
!. the home market, which would onl
leave, after making the usual dedut
tions, about 150,000,0o0 available 70
export.
Russia population in 1925 will b
d such as to. demand her entire outpu
). Of wheat for the home market = Tn
u Europe, outside Of Rp pRiH will r: Re
), quire to purchase large quantities G
- wheat over and above the home prt
,e duction to feed her people. The A
i gentine will feed South America an
:, South Africa, and possibly meet til
q deficit in Australasia.
a Canada's Advantage.
Canada will compete with the Argel
= tine for the great European market
with the advantage Of much shorte
IL and correspondingly cheaper ocea
carriage, and will mopopolize the ma
=. kets Of Japan and China, where flo,
- is slowly but surely gaining ground {
d. a rival of rice, and where long befol
It 1925 there is expected to be an emo
=. nous demand for both wheat and fiou
st or at any rate the former, as Japa:
and possibly China also, may within
. few years grind the wheat into flo,
de in their own mills.