Show V World orId Vh Wheat at Bins Groan Shipments May Be Larger The world wheat market is bur bur- burdened burdened burdened by heavy stocks which are largely the result of restricted demand de- de demand de demand mand In Importing countries says the bureau of agricultural economics econom econom- economIcs economics ics United States Department of ot Ag Ag- AgrIculture Agriculture In Its report on world heat prospects Shipments of ot wheat and flour Hour from July through mid-December mid from tile the principal exporting countrIes have hafe totaled bushels as compared with bushels In the corresponding perlo period last season This low level of shipments the bureau continues has left the prin prIn- prIncipal principal principal cipal exporting countries with some some- somewhat somewhat somewhat what larger stocks of ot wheat as ns of December 1 I I 1932 1032 32 than they had hadon hadon hadon on December 1 1031 1931 Total stocks available for export and over carry-over carry from the old crop In the United States Canada Australia and Ar Ar- Argentina Argentina gentina are estimated to ha ha ha e e a been about bushels on Decem Decem- December ber bel 1 compared with bushels on December 1 last year Also the new crop of both Argen Argen- Argentina Argentina Argentina tina and Australia Is estimated to tobe tobe tobe be somewhat some larger arger than last year World shipments It Is expected will be larger during the second half of ot the ear because crop year sup sup- supplies plies of ot wheat from the large Eu- Eu European Eu European crops In 1932 are arc being reduced re reduced re- re reduced and although some countries have hafe such large crops as to make male It unlikely that they will Import sig sIg- sIgnificant significant significant quantities other countrIes sn says s 's the bureau will have ha to depend de- de depend de depend pend more largely upon supplies ot of foreIgn wheat wheat Missouri Farmer |