The Ontario Argus. (Ontario, Or.) 1???-1947, 1918-12-05
ESg1 ESN1 SSH
AUSTRALIANS SURPLUS


rude shock the other day when IL was an
nomced that Premier Hughes of Australia
I had offered the British Food Administiato
one million tons of Austlalia's surpln
wheat at what amounts To $11S per bushel
The reason for the offer was simply tha
Australia is over supplied already aiid has
new crop about ready 60 harvest. The el,
crops must therefore be moved at any price
One million tons Of Australian wheat vii
not, however glut the world market Their
will still be big demand for American
wheat and other food products until aftc
the next European harvest. It will be YEAR
before Russia will he able 60 take its al,
place aS food producer, and i'm degree th,
other European nations viii not be able Ill
their fields to the extent reached prior to th,
war; We viii have TO supply the seed whea
for the next years crops.
So far rs the American farmer is conceret
he has no occasion for worrying over th,
price he will receive for his 1919 crsp a
wheat, The United States government ha,
fixed the price for this country for next ycal
So there should be no failure ON the part n
any rancher ~ plant wheat this fall.
The meat and wool situation is somewhat
similar "a that Nf wheat. In Argentine n,
increase ~ over seven million head Of cattl,
has been recorded over 1914. Both AuStra
liza and S,'uth Africa also report increases
Here i'm the United States an increase of ov
cr two mill;on head is reported. But th,
worlds shortage VI beef cattle is cSfimatct
az tiftN-tour Million ~ there Is an asSuIs'J
market for all the SnrpluSS beef America
can raise Tor the next few YEARS and az pri
ccS that viii warrant expansion in the cattl,
business by men who have the range and car
handle stock St present priccs, economically
The Spcculator IN cattle. however. will nc'
nap the profits of the past thr>c Years
Thcrc is this element a. he considered II
the demand for meats that is the fact that th,
pcoplc Nf the warning countries have hccs
living Cor vcarS now. on dict that has hcel
SHIRT ~ fats such aS animal meat only sn,,
plies Thus they have hecn under fed fo,
the past few vcarS. New that they viii havs
the opportunity II satisfying thelr dcSirc.
they viii d. without other fscd until THEN
craving for meat j. satisfied That afford:
tho b~St possible hASiS for continued prVS
Fcrsty i'm the cattle and hog industry
ltSpito'Of tho fact that are millions N
possrsaS ~ Australian and Argentine wocl II
Stos0ge IN thoSse countries, the worlds wNxl
supply Is Ssiil hclow normal, due a. the MA
pSVce<icntca denaaasd for that STAPLE for ths
clethissg ~ the armies engaged IN the war
II Is also trasc that the number ~ Sheep Ia
the world h lscsS than nArrnal In Is therciN,
aaiasTal a. saapsssse that the prsce IL MOO
viii rcsnain higA for sosnc time % cssnne. q.
coaEse il win nos renain AZ the fgOrcS fcs
which the 1917 and l9lS cliFss Sala at hat 4
vii he hSxh enough ~ Justify continued
prosperity for the actesal woa1 and nnElStea
psVsasscerS> And that there Is am increase n
the nWmher ~ sheep Taissd i'm The limited
sStsscS Is revealed hv the satisfies which NJ
coE1 an lHcrV&Sc Nf over milllom he0d Srr,
INC the FlaSs tW'0 wears This lncF~nse j. ~
marked in thc WeSaeEu range Siztcs hasi 10
the Easz and MSadle West whore nnos& of n,
Shc~q arr Eaisca cM the p3slRre lands Il ths
faEwBS
As i'm the saFaAe SnlamSaEv the crnairson ~
the Sheep business affcrSaS exc<zltmt Fsrsxs
pcssS fsE sAe ShseV T1iscr. waise off<Hsrsc ha,'
Sllgh1 encouragement a. tAc Sssernlaier wh,
Asa his lgnlgsg anrSsEg she era Il RISING Frsce'
fssn lSaa sals1E.
Snr% u Is these S1saaSirls<> wASch a. .
cn0i accve,e are the haSsc foa1nanaisn fcr tn
gsessRaiSx ff kastsEn Ol~eeal. tAis scctina
WII mes saifssr fgsan AalsSneSS 3tErsSsien ~
~sl thsssc rsgseass sAsas have g~arAssa ahmcl,
NAL vressstrsgv sArn the eSial lislmtaIi ef D..
uln1llfSsss EaastS and tnntsgsmcy sAiTEAras
Mss MSS AS
Fsuas saiS Is sA,e ssg~ariissss,1 band e : lRa
ana hsmxa ~ a wiln,eSs ii a1is fnrd I'm
n. -" n n ~ II -. - -.