Coulee City dispatch. [volume] (Coulee City, Wash.) 19??-19??, 1923-08-03

Any lessening in the Industrial &C
tivity that may occur will. however.
doubtless be accompanied by a re.
duced demand for choice cuts Of
meat, early vegetables, the more ex-
pensive fruits. milk. butter. etc. On
the other hand, it will not decrease.
but may even increase the demand
for the cheaper grades Of food
During the last five years certain
forces have combined as to increase
the supply that the price level Of
farm products has been kept below
that of prices for other commodities.
This situation has generated offset.
ting forces tending eventually to re-
store the former equilibrium, thus i'm
proving the position of'sthe farmer.
Among such forces. is the migration
OF agricultural population to the city.
There has recently been distinct ac-
celebration in this movement. This
movement will, in the long run, add
to the urban demand for foodstuffa
and will eventually lessen thepsupply
of farm produce thus tending to es.
tablish more normal Relationship
between agricultural andsotKef prices.
The Wheat Sltuation.T
The expansion in the wheat area OF
the chief exporting. countries coupled
with the decreased buying power of
western Europe is responsible for the
price situation which now prevails.
This committee is less impressed
with the immediate wheat supply sit.
uation than 1t is with the future pos
sibilities in case present exporting
countries fail to readjust their acre.
age to offset increasing bread grain
production in Europe.
Owing to the world war there was
an enormous increase in the wheat
acreage of the five principal export,
ing countries Of the world .outside of
Russia and the 'Danubian. countries.
Since the peak OF war production
these exporting Countries have de-
creased their acreage. very Mghtly
4And aresAow! growing 2s million more
acres OF wheat than the pre-war aver
age. In view of the longtime pros.
poets of the return of Russia and the
Danubian countries as factors In the
world wheat trade, as well as the in
crease in other exporting countries
mentioned above, the American win
ter wheat grower should take the first
positive step this fall to adjust the
winter wheat acreage in accordance
with this situation. There has been
some reduction In the winter wheat
acreage Of the Unitetfr States due to
adverse weather conaftions rather
than to a change 81 planting policy
on the part Of tbs the. producers. How.
ever, the. expansion. ans m ma.ssmgains q about II
million acres above sHkYrs-wa aver
age. 4, ~,..s, ;:assA
The best data a4vati Ijle' indicate a
current: wheat crop for sthe northern
Hemisphere moderately larger than
that for 1929 for the same territory.
On the other hand, q the tarryover
stocks for both importing aad export.
in gcountries re"apparently not
greatly changed from last year. The
increase represents only q small per.
centage and might be wiped out en-
tirely or Increased BY later develop.
ments in North American spring
wheat or in the 1s2s-24 coming har.
vests in Australia ahd, Argentina.
Russia will not export grain in large
quantities in the Immediate future.
The facts that have been presented
in this summary Of the world agricul-
tural outlook are well known in the
trade and have been discounted In
the markets.
The statistics in this report were
assembled by the Department Of Az.
riculture.