The Bismarck tribune., 1922-03-17
RESERVE STOCK
OF CEREALS Is
FOUND SMALLER
Federal Statistician Reports
Lesser Amount on Farms
In North Dakota
CARRY OVER OF WHEAT
Report Also Made Upon Farm
Land Sales Values and Sur
vey on Cash Rentals

Grand Forks, N. D., March 1.-THE
March crop report Of the U. S. bureau
of markets and crop estimates for
North Dakota follows:
Information received indicates that
the reserve of stock of cereal crops
on farms in North Dakota March l,
1922, was relatively small as compared
with other recent years. There is one
exception, however, which is the corn
crop. It appears as if the present sup
ply Of corn is slightly larger than 9TH
er recent years, but the total reserve
of this crop is rather unimportant in
actual bushels. The factors which
have caused this condition were the
heavy demand for feed, especially
during the latter half of the winter,
while the need of money has COM
PEELED heavy reduction OF wheat.
The 1921 oat crop was considerable
below the average cropato begin with,
and the heavy feeding demands seem
to have reduced the present reserve
to less than the usual carry over on
farms March l. Likewise, the barley
crop was less than the average for
1921. Feed requirements and, other
demands have reduced the present
supply to a comparatively low. point I
The situation in the United States
as whole on March l, 1922, indicates
that the National reserve of corn, oats,
and barley was materially below the
usual reserve 1t would be observed
that the carry over of corn was ap-
proximately per cent less than one
year ago, while it is So per cent
greater than the 1920 reserve. There
is one outstanding feature in this re-
port as regards corn. 1t is this, that
never in recent years was the quality
50 high, S75 per cent of the entire
crop being merchantable.
Carry Over of Wheat
The National carry over of wheat
ives 5.8 per cent below that Of one
year ago, although this years carry
over was 2.7 per cent greater than the
carry over Of 1920. However, the Ma
tional crop was so much larger in
1919 that%the March l, 1920 carryover
was considerable greater in actual
bushels than the present reserve.
Similar to the above crops, the
present reserve OF oats is noticeably
below the average, being 76 per cent
less, than one year ago, but 3.5 per
cent greater than the 1920. The 1919
production, however, had been so very
much larger that the present stock on
farms is very much below the carry
over of that year. .>ss2s T.
The reserve of barley in the United
States on March 1, was IA per cent
below that of one year ago. The 1920
reserve was less than the present
amount on farms by some seven mil
lion bushels or AZ per cent. The
present stock, however, is much be-
low the usual reserve of this crop
Information secured indicates that
the decline in farm land values exper-
fenced in other states has also struck
North Dakota but in minor way
compared with the states to the south
and east, especially less violently than
in the so-called "corn belt states"
The present value of poor plow lands
was placed at $25OO per acre. This
IS $500 below the previous high point
reached, but it is only $500 an acre
less than the valuation of one year
ago on this class Of land. Similarly,
the average for good plow lands in
dicated a present valuation of $44.OO
per acre, which is $500 below that of
one year ago, and this is also true of
all pl0w lands which were placed at
$1,000 per acre.
Survey of Rentals
At the time this survey was made,
a query was also made in regards to
the cash rentals paid for different
classes Of farms. This practice that
is cash rentals, was very uncommon
in North Dakota, SO little attention
was given this query by the reporters.
However, sufficient information was
secured to indicate that the average
cash rental for farms per acre was
approximately 1925, while the cash
rental paid for plow, lands alone was
placed at $2.75. The higher prices
were paid in the east one-half Of the
State, while the lower rentals pre-
vailed in the western half. The high
est rentals were paid in the North
east East, and Southeast districts Of,
the State, while the lowest rentals
prevailed in the Southwest and South
Central districts. Sf
80" = - 2 - = g :" 80 N y