The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-12
AREA OF WINTER
WHEATTO Be LARGER
Advices Indicate Probable In
crease in America to 49,
100000 Acres. ...
WOULD BE NEW RECORD
Canadian Crop of Spring
Grain Better Than Was
Anticipated.

q
All reports indicate that there will be
considerable increase in the acreage of
the new winter wheat crop. These ad-
Vices are very general, and It Is quite
possible that the area, which last year
was a record at 42.270,Oo0 acres, will be
Increased to possibly $4,000, 900 acres this
year. with a normal loss in area for
winter killing this should leave total
record acreage for harvest next year.
whether there IL a normal loss In area
from winter killing or not Is. of course,
one of the problems which only the
spring can reveal. Argument is already
being made that with the prices which
are now prevailing for other grain there
Will be an incentive to increase the win
ter wheat crop to the largest possible
extent by late seeding this year, and
unless there is a radical advance In the
price of feed grains next spring there
will be a tremendous incentive to in
crease the acreage to spring wheat
throughout the belt, 80 there may be
total production of wheat next year
which will be far above that of the last
year.
The situation in another crop, there
fore, will evidently be one in which there
years crop in the United States, and the
supplies which the world will have to
contend with will be the surplus in North
America, and the surplus which will then
be available from the new crop in the
Argentine. the surplus which has been
carried for several years in Australia
and large supply In India. There Is
but little likelihood Of another immense
domestic crop OF spring wheat, but the
average crop in the United States and
an average yield per acre in Canada,
which would make combined spring
wheat crop in North America probably
as large as the present years
The Canadian crop OF spring wheat is
turning out better than anticipated Fol-
lowing the very unfavorable weather the
after mid-July, when frost occurred.
were ideal for growth and filling, and all
reports indicate that the results are con-
siderably better than expected. The
movement OF the Canadian spring wheat
crop has. however. been slow so far. and
the Accommodations in stocks in the Ca
madam Northwest have been moderate,
but 1t is expected that there will be a
large movement during the next six
weeks, so that by the close of navigation
there will be large amount of wheat
moved forward for export at the close
of navigation and during the winter from
the seaboard.
The Visible supply Of wheat in the
United States OF 100. 900. 900 bushels is
record one, and with the normal ten
dency of the visible supply to increase
there should be steady gain in the
stocks until the latter part Of the year
possibly as late as January. Against
10 M arf
the crop has been so much more rapid
than usual, particularly OF winter wheat.
that the marketings in the late fall and
early winter may be correspondingly de-
creased There seems to be every reason
for believing. Judging by the private re-
ports from the central West and South
west, that the surplus Of winter wheat in
the large producing States has been mar
keted. and whatever gains there may be
in the visible supply from this time on
will be the result OF the movement OF
spring wheat to market. The spring
wheat is now beginning 10 move heavily,
and normally the crest of the movement
Of spring and winter grain comes in the
latter part of October or early November.
CORN-A steadier tone developed in the
corn market and at the close values were
ic. to &C. net higher. In the local cash
market No. yellow was quoted at 81 SO,
No 9 yellow. N.S: cost and freight New
York
OATs-The oats market presented a
rather heavy tone. The late months ad-
vanced t.GNc. in sympathy with corn.
but october was &c lower, which was
thought TO represent weakness In the cash
situation. Local cash market was steady
standard quoted at 7ge.; No. : white
7siic. ordinary clipped white. soc. all
elevator.
RYF-Market steady. No. Western,
sl77 elevator export.
BARIEY-Market easy. Feeding. iii.
and milling. Sl,l4. cost and freight New
York
HAY-Market firm. No. |. s24oq2.50;
No 2, s23O1i2 .35; No. 3, s2.2oI2.So.
Wheat, including -four, exports for the
week according to Bradsfreefs. aggregate
6.s245ss bushels. against 6,O?o.620 the
previous week and t;sos.stI last year;
since July !, 57.S7s,eS2, against 7i,7Ol342
last season. Corn. exports for the week, |
i57,l7i. against 64,io4 last week, and lSt,-
600 last year. since July ], IJl9392,
against 9,1sl. sol last season.
CHICAGO PRICES