Download or read book The Wheat Situation, Including Rye, Vol. 20 written by United States Department Of Agriculture and published by Forgotten Books. This book was released on 2017-11-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Wheat Situation, Including Rye, Vol. 20: June 23, 1938 A winter wheat cr0p of 761 million bushels in the United States was indi cated by the June 1 condition. This represents about a 1 percent increase from the indications in early May. The first official indication of spring wheat prc duction will not be made until July 11. Based on prospective plantings reported in March, however, the condition on June 1 indicated a probable production of al spring wheat of from.260 to 285 million bushels. If these indications materiali domestic production of all wheat would total approximately million bushels A crop of this size would be about 565 million bushels in excess of the 5-year (1952-56) average domestic disappearance of 670 million bushels. If the carry-c on July 1 this year turns out to be about 200 million bushels, and if exports in 1958-59 do not exceed those of the current season, the carry-over into July 1959 'would approximate 100 million bushels more than the record carry-over of 578 mil lion bushels on July 1, 1955. Wheat loans are mandatory under the Agricultural Adjustment Act of 1958 if the July 1 crop estimate exceeds a normal year's dome estio consumption and exports, which on the basis of the 10-year average would total about 750 million bushels. Domestic wheat prices in the next month or so will be affected largely by changes in crop developments and perhaps by the Government-wheat loan policy. 'with export supplies of hard milling wheats small in other countries until the new Canadian crop is marketed, prices of this type of wheat in the United States may continue strong relative to those of other wheats. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.