Williston graphic. (Williston, Williams County, N.D.) 1895-1919, 1916-11-23
4 WIDE SPREAD
IN WHEAT PRICES
BULLETIN FROM
STATE COLLEGE SHOWS UP
GRADING SYSTEMS
DR.. Ladd by Continued Tests Reveals
That inferior" Grades Yield
Great Profits

DR.. Ladd by Continued Tests Reveals
That inferior Grades Yield
Great Profits
Digest of Presidents Ladd's latest
bulletin reprinted from the Fargo
Forum:
Arbitrary grades, not recognized
even by the Minnesota warehouses
commission, are fixed by buyers for
North Dakota elevator managers-
farmers being compelled to sell under
such arbitrary post card" grades.
Low grade wheats net greater
profits to the grain handlers and
milling interests than do the high
grade wheats.
The "feed" grades Of wheat are ss-
tablished evidently for the purpose Of
including the belief that such loW
! grade wheats are valuable for milling
purposes.
The Minnesota warehouse commits
sion establishes seven grades OF
wheat; the "post card" grading sys-
tenn under which the farmers sell,
| contains seventeen grades.
No matter what the grade at the
primary, the grade at the terminal
comes within the definitions laid down
! by the Minnesota warehouse commls--
sion.
Wheat is bought from the farmers
on one set Of gradings and rules, and
is sold at the terminals on another
set.
The mere operation of shipping
grain from the primary to the ter
minal brings an increased value to-
the shipper of from $7l.33 to $4,000
on a carload, because of the varia-
ton between the "post card" grades.
as supplied by the "Grain Bulletin ,"
Minneapolis, and the Minnesota,
grades, under which the grain issold
at the terminals.
Milling values Of low grade wheats-
are clearly established by the result
Dakota Agricultural college, of this
of 90 tests conducted at the North.
years wheat.
The increased ve.ue Of milled
bushel Of NJ. | northern wheat as
against the value at the primary
market. is 2O.6 per cent, based on the
average OF milling tests.
Increased value Of milled bushel
Of I'd feed" is fixed at 1889 per cent,
based on the A. C. milling tests.
Two tests On d Feed wheat show
an average increased value Of 1911
per cent over the price paid the farm
er.
Post Card System
DR.. Ladd declares that if the milI-
ers make profit on No. northern
the tremendous profits on low
grade wheats is out of all proportion
and the farmer is entitled to great
er returns at the primary market.
Exorbitant profits on the handling
and milling of low grade wheats; def
mite information showing the high
milling value of such low grade
grains, coupled with the exposure of
an arbitrary "post card" system of
grading wheats at the primary mar
ket, and the sale of the wheat at the
terminals under another grading sys
tenn, are set forth in a bulletin made
public today by DR.. E. F. Ladd, presi-
dent of the North Dakota Agricul-
tural college.
The bulletin, amplifying previous
bulletins along the same line, goes
further than before, DR.. Ladd setting
forth not only the milling values of
wheat, but also laying bare a system
of grain handling by which the farm
ers receive from $40 to $50 less.
for each carload of grain, than such
grain is actually worth at the ter
minals, even after the hauling charge
is deducted.
In other words, DR.. Ladd shows
that the "Grain Bulletin" card sys
tenn of establishing grades. by which
a great many grades are set forth in
addition to those regularly accepted
at the terminals, nets vast profits to-
grain handlers without even resorting
to "mixing.'
The bulletin pictures the progress.
of grain from the farm to the grain
handler; through the mills, back
through the wholesale houses and TO
the ultimate consumer.
1t is a publication of far-reaching
coming, as it does, at a
time when there is so much agitation
bearing upon the grain situation.
The Spread in Values
DR.. Ladd sets forth, in a series Of
tables, the effects of terminal grad
ng as against primary market grad
ing. and the increased value Of wheat
BY milling:
Using the 10000 pound basis as
Indicating a carload, he presents data
as to the market value of flour, bran
and shorts, or mill products. and the
difference in the returns to the buy
er.
On No. 1 northern wheat. bought
rom the farmer, Oct. IA, at card
1alue of $1.58 a bushel, the farmer.
'eceives total of s1,526.75.
The Minneapolis value of this same
wheat is $1,673.34, less s66 in freight,
hus indicating a net gain in value as
between the primary market and the
criminal market OF sso;59, on single
peration other than the mere ship
ing.
Milled, this same carload of whear
5 found to be worth $2.034.88, thar
epresenting the sale of by-products
8 well.