Twin city review. [volume] (Champaign, Ill.) 19??-1929, 1925-02-06
HIGH GRAIN PRICES HELP
WHEAT FARMERS BUT LIT
tie; SPECULAT0RS PROFIT

Ry International labor Meas Service.
Washington. u. c.. Feb. 6,-sensas
uenal advance 81 wheat prices %
near Wartime levels is not helping the
farmer 30 any apprce,ahle extent, As
he sold when prices were much lower
The only one To henegit from the
present high prices is the wheat
speeulatet,
The farmer Is not only missing
profits In wheat, but Is being victim
iaed by the high prices. which ate
bringing advances in the price Of ileus,
which he uses much mere extensively
than does the city dweiler The city
dNeller, however. Is about 10 he Vie
simltcd In his turn, a. Il Is pcrdicled
that bread prices viii soon rise. jus
As soon as the Hour now on hand Is
used up hy bakers. consumer can eN-
pect higher htead prircs, according 20
the American Institute Of hakers.
Forccd 10 Sell at Iower Prices
Reports from the big wheat pro
dueing States indicate that. a. Sena
tor Iatpllette pointed out Ia the las
presidential campaign. high grain
prices ate not putting the farmer on
AHAaA hAttNsAs " hhhNA ANAAtftA N
penses. the farmer was forced 10 sell
his wheat before any considerable All
vance Ia prices had taken place. Now,
when prices are ut PORTABLE level,
he has no grain 60 sell and must sii
back and watch the Spectator take
the profit,
Reports from correspondents Of IN.
ternatlona Labor News Service say
that a very large per eeutage ot
wheat growers IN the Middle Wei
grain belt sold heforS the present high
prices we're even la sight. II Is ~.
ported that In some parts Of Kansas
only II per cent of the crop has nat
been sold and IN other wheat. nrodur
ing States the per ccntage Is much
lower
Same Farmers Hold Wheat
In certain sections, farmers nte
getting the advantage of present prices
but the number Of the fortunate onrs
Is small In comparison with those who
are unable ta reap the benefit of tn.
days figures. in the Northwest some
grain has been held awaiting u price
Of 81 OF more, ~ California farmer
afe reported a. selling heavily. a.
ailhoHi hAiA 81 fh' tf'P Htiil iNhiteie
in their hands,
lr the Pacific Northwest most of the
! farmers received about sl.b0 a bushel
| for their wheat and less TIM i PEI
cent Of the eron still remains Ia %
sold.
Very likely In most sections farmer
] arc hcneilltins 10 a cerialD easrs4
from present prlcce, ns they are sell
Ing every available grain Of wheat.
This will bring into the market 80
| 600 900 bushels Of wheat that last
year went into farm use, Il Is esli
f., mated
lls roriils for Speeulaioru.
but even putting the best possible
| face on the matter from the farmer
standpoint. the fact remains that this
Is apecultor's market aud IL IL the
spectators who are grabbing the biz
profits.
In other words, this IL spoeula
tors market. not farmefs' market
Not being organized, the farmer Il
not In position TO control IN meas
ufe the market and must sell when
prices are at an unproiitabe level.
Bread prices have already begun 10
reflect the high pirce of wheat ani
some OF the smaller bakers, who do
not buy ilouf In large quantities. have
increased their bread prices Il Is
not expected that the large bakers
will increase prices In the very near
future, as they have large stocks OF
-four on hand, bought at lower prices
or have -four contracted for al prices
under present levels. When thelf
stocks are exhausted and the flour
contracted for is used up, they can
be- expected 10 boost prices.