Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1919-04-09
j. s. WHEAT
CROP WILL
BE, LARGEST
EVER GROWN
Cost to Government Owing to
Price Guarantees Will Be
Enormous, Is Prediction
Total Value Of Winter Grain
$780,, 100000; Sprin g
Crop $750.000.0 900 More

WASHINGTON, April S.-Forecast
by the department Of agriculture to-
day that the nations winter wheat
crop would total SS7.OOO,oOO bushels.
the largest crop ever grown, aroused
immediate speculation as to the cost
to the government of such an enor-1
nous yield. Under the bill passed
by congress in the closing days Of
the last session the government is
obliged TO pay ten difference between
the guaranteed price Of 1926 bushei
and the world market price for every
bushel not only on winter but of
spring wheat produced.
The total value of the winter wheat
crop on the basis of an 837 7,000,O 600
bushei crop forecast would be $1,S91,-
$4,000. The spring wheat crop. soon
to be planted, cannot be estimated at
this time, but department of agricul-
ture officials today predicted it would
raneg between 225,000,000 and 30O.-
600. 900 bushels, which would increase
the total value of the nations wheat
crop to approximately $2,50O.OO0,O 900.
Make No Comment.
The part of this two and a half
billion dollars that the government
must pay to maintain the guaranteed
price was a matter upon which Off
cials declined to comment. 1t was said
that the factors influencing the world
market price, such as production in
Argentine, Australia and other coun-
tiles and the European demand, were
too numerous to make any predic-
ton at this time. The department
OF agriculture has no information as
to estimated wheat production in the
other wheat growing countries OF the
world.
Officials expressed the belief today
that there would be a good foreign
demand for American wheat which
would take care of the nations sur
plus. and while the loss to the govern
ment through its price guarantee may
amount far into the millions Of dol
lars, SO far as the actual wealth OF
the country was concerned, it simply
and putting IT into another.
Farmers to Be Prosperous.
The money, it was said, will go into
the pockets Of the farmers Of the coun'
try and officials believe the forecast
indicates the farmers will be more
prosperous and increase their poten'
tiaI buying powe rthan ever before
in the history Of the country. Tne
enormous sums farmers will receive
for their wheat, It was said, should
find it's way back into circulation
thus adding to the general prosperity
OF the nation.
Today's forecast also indicated thai
America will have a greater surplus
than ever before. The United State:
requires for it's own yearly consump
tion about So bushels of wheat fol
each person within it. With approx
mately 11O 900 900 people in the Unit
ad states and adding approximately
$4,000 900 bushels of wheat which arr
necessary for. feeding purposes, the
demands OF the country this year arr
aatitntaed at more than 65O,0OO,OO'
bushels.
with a spring wheat production es
timated at from 225.OOO,OOO to 300
$1,000 It would appear that the SUI
Mus available for export would be Il
the neighborhood OF about 45O'OOO
900 bushels. !,
What these figures mean is ind
Gated in statistics showing that be
fore the war the United States e. e.
ported on an average Of 1OO'OOe'Oo
bushels yearly. During the war IN
greatest quantity exported in any on
year was about SS5,OOO,oOO bushels.