Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-12-31
GRAIN FARMERS VIEW 1927
AS FAIRLY PROFITABLE YEAR
Results of Past IL Months Bring Plan.
for Greatly Increased Acreage
for 1928

year, although per cent below the
five-year average, The whea, bell,
especially the northern part Of the
winter wheat and all OF the Spring
wheat AREA, has had good wear,
Taxing Spring and Winter wheat 10.
sether, the country has harvested its
largest crop since 1879, Wheat pro.
duction IL estimated at ss7. 200, 200
bushels. compared with so. 900 900
bushels last Year and ttve.year aver.
age or sos ,000.uQ bushels"
Wheat produced In IS countries OF
the world totaled S.3ss, oee, 600 for this
crop year, or l0a zoo. 200 bushels larger
than YEAR aga. Naturally prices re.
tiected this situation,
bumper Canadian Cvap.
canada was particularly fortunate
IN producing another bumper crop de.
spite the late start of the sea son
The Weld IL set at AIS. 900 200 bushels,
compared with sSS.00o. 400 bushels
last year. This wheat is In direct
competition with that fram the United
states and has weighed somewhat
heavily an prices,
Despite the big world Yield. how.
ever. traders consider that present
values will be fairly stable. The
foreign buyer has been satisfied to
pay present prices, lie has absorbed
'aoo,ooo bushels more wheat during
the hrst nve months OF this crop
Year than during the sama period In
I'VE And last years exports were
Tue largest on record, totakng an,
pFoximateiy $4,000 900 bushels
Europe mi year produced a larger
crop than year ago. but the dual itv
was nothing Ia hrag about. \ wet
harvest made the crop rather poor for
| milling purposes and has necessitated
me mixing Of good North American
wheat to bring II up 10 required
| sta ndarttK
Exporters look for n steady dema nd
Tor our wheat for that purpose This
h"ipS The situation for the America n
farmer as every country In the world
WIN the exception of Australia. has
nfpcuced n larger crop this year than
mst Latest reports from the south,
efn hemisphere indicate that Australia
VIII have about 81, 900 900 hushels for
~Nport, compared with about 10 900
opo bushels exported this year Lat,
est nEures show that The Northern
hemisphere has produced !, oao, Unu, 0a0
bushels of wheat. compared With
| s'slt,oop.o 900 last wear, and the South,
| .fh hemisphere about 400 900 900
bushels, compared with AL 900 900 u
year ago.
! or this total import countries nro.
| uueed ,tOe 600, 900 hushels. comnaret
| WIN i,oSt. o00. 900 last year, and ex
| porting countries produced l,aau, ono.
ono bushels. compared with 1905 900,
600 last year.
Corn Rivals Wheat.
Iotn trade has rivaled that of
| wheat Tor interest durlng the wear.
ons or the Summer furry, when II
! ahheared that tha hate crop would run
: INTO frost damage before maturins
ms come n substantially hisher prira
l"Vei In spite az crop estimated Ia
1e larger than IN iA9a and In smile
~ the oullook for Increased nro,iuc.
ION next wear aud red,,eed farm con
| sumption beeause Of The sma Her n,lnn
her OF live stock an feed The corn
etor IL estimated at s,gea, 0oO 600
bushels compared with s,al9 900 900
wear ago, but poor huskins returns
may cut this prospective Yield
| 'Cuetttvht tu.ft