The Washington herald., 1921-03-15
ES.AND DCANADA
ENORMOUS
! WHEAT SURPLUS
l65, 900, 900 Bushels Off
cial Estimate by U. s.
Bureau of Markets.
IMPORTS REVIEWED
canada Shipped $1,000, ,00C
! Bushels to U. s. Between
Sept. / and Feb. II.

Canada and the United States on
|February IL had a wheat surplus
of is5.ooo. 900 bushels for export and
carry over. according to a United
States Bureau of Markets estimate
based upon official and commercial
reports. The estimate takes into
account the combined crops Of the
1.-TWO countries. the carry over from
the last crop. bread and seed re-
uuirements. and export clearances at
seaports from the beginning OF the
crop year to February IL, 1871.
The crop of the two countries,
|nccording to the latest official esti-
mates, and the carry over from the
Pprevious crop amounted to l,le3'-
eoo, 900 bushels. Bread and seed re-
uuirements In Canada are estimated
At lo5.oe0. 900 and in the United
States at es15. 100000 bushels. Total
estimated requirements for the two
kuntries are therefore I2O,OOe'ooo
bushels. This amount deducted from
the total supply leaves 443,ooo,ooe
6nshels as the surplus for export
and carry over into the 1921 crop
year.
z7s,ooo, 900 Bushels Exported.
Export clearances of wheat and
Hour at all the seaports of the two
countries from the beginning of the
erop year fully 1 in the United
States and September / IN Canada)
10 February l2 amounted to 27s'-
lDOe. 900 bushels. This deducted from
Bthe crop year surplus leaves 1sS,-
BOO. 900 for export during the re-
| r,xinder of the crop year and for
n carry over into the next season
The carry over from one crop sea-
.on 10 another in Canada Is small.
n may be assumed that the carry
pyer from this crop to the next Will
Ne approximately the same as that
4 from last season to this, which was
oeo 900 bushels In the United
states, however. the carry over Is
large and varies greatly. 1t has
been as low as 10000. 900 bushels
\ and as high as 1s3.oo0.0oo. The
average is about 100000. Some
xrain statisticians believe that the
earry over in the United states on
Ikslys1 next will be close to the mini
mum. 1t Is thought that the demand
tron Europe will be great enough
Turing the remainder Nof the season
80 txke all the wheat this county
.an spare. This digression Is made
\ n show the futility OF trying to es-
innate the probable carry over. The
hest that can be done Is to estimate
he combined surplus for export ana
The Canadian 1890 wheat crop. ac-
.ording to the revised official esti-
nate was 2s3,00o,ooO bushels, and
me carry over was 100000. Con-
unption and seed. it Is estimated,
Ffll REQUIRE 10000, 900 bushels, leav-
ing a surplus of 1s2.ooo,oo0 for the
crop year.
In the United States the crop is
,fficially estimated at 7sIO00.0oO
bushels. and the carry over July 1,
1920. in part official and in part
commercial. is estimated at 10000
,oe. a total of $4,000, 900 bushels
Estimating the consumption at $780,
D0o. .eoe. and seed requirements at
Is, ,0oo, 900 makes a total requirement
" $4,000, 900 bushels. This amount
taken from the total supply leaves
Isl. 900 900 bushels for export and
carry over into the next crop season
The following table summarizes
.he crop supply and surplus situa-
Ion Of the two countries. in bushels:
hited States, 1890 crop. 7s7.o00.00O
'carry over. July 1, 1890. 1Os.00o.0oo
Jfanadian. 1920 crop.... 2e3,ooo,oo0
larry over. Sept 1. 1920 100000
Total supplies..... ..1.1s3,ooo.ooo
United States,
bread and
seed ...... ..s15,0o0,ooe
sznsda. bread
and seed ...1o5.0Oo,0o0
Domestic requirements 72o.ooo,oeo
surplus for the crop year 443sooo,ooo
Cleared from seaports to
February IL, 1871. 27s,ooo,ooo
Remaining for export
and carry over. lbo,OOO,OOo
~ -. nran