The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1919-03-18

or win cease raising corn and turn to
raising wheat, upon which the gov
eminent guarantees the price. The
result will be shortage Of food for
cattle and other live stock and de-
crease in the price OF wheat the min
ute the market is again on supply
and demand basis.
Billion Not Enough.
In fact, it Is predicted that the
81 ,000. 100000 provided for by the
wheat bill for paying farmers the diff
ference between thir selling price and
the guarantee price viii not be suffic-
lent for the needs Of the government.
They predict that wheat will sell be-
tween $1.00 and $3.50 per bushel.
Corn farmers have lost one of their
most advantageous corn marketing op-
portunities through the fact that the
great corn milling industry has oper-
ated at only about 18 per cent OF ca
pacity during the last six months. The
mills could not buy corn owing to the
grain corporations exclusion of corn
mill products from the food distribu-
ton plans and owing to the stoppage
OF brewing.
Before the president, by proclama-
ton, closed the breweries, a substan-
ual part Of the demand for corn mill
products comprised brewers corn
grits and before the grain corpora
tons assumption OF buying cereal
products for the allies, the wheat
export company and other agencies
bought millions of barrels of corn
flour, meal grits. hominy, and hominy
feed for export.
Substitutes Are Withdrawn.
After a large wheat crop was as
sured last season, the food administra-
ton withdrew its substitutes program
and redeemed a large amount of the
substitutes on hand to admit Of a
liberal consumption of the big wheat
crop. The guaranteed basic price of
$226 Chicago, proved to be an, un-
equaled stimulus to wheat production.
The extension of this price guarantee
into next year and together with the
loss OF important corn marketing Cd
portun1ties has created a demand for
spring wheat seed in states as far
south as Texas and Tennessee. One
Texas tract Of 10000 acres is said to
be undergoing preparations for the
seeding Of spring wheat.
Hold Corn for Feeding
Reports from the corn belt Indicate
that farmers are planning to hold their
corn and oats for feeding next season
and to permit OF seeding the bulk of
their acreage to spring wheat. Some
authorities expect wheat to sell be-
tween 81 and $1.50 on a supply and de-
mand basis, and predict greater loss
to the government than the $1,000
100000 provided by the wheat bill for
paying farmers the difference between
their selling prices and the guaranteed
price.
Some take the viewpoint that farm |
ers feel justified in taking a full ad-
Of the fixed wheat price since |
government action, both direct and |
through its agencies, has confronted
hem with conditions which force them |
10 sell corn at around 81 per bushel. !
The American Corn Millers' fedora
ion in appealing to the government |
'or an amendment to the wheat bill, |
and which would restrict the wheat |
acreage to five year average by farm
Frs individually, declared that in the |
opinion Of its officials, without some
'hange in the present situation, a ter
life shortage of corn, oats and fodder
crops is certain.
They say that as a result of the
crop reduction. corn may