Show I Growers Grovers Should Consider Wheat Situation Facts Before they go to the polls on May 25 to vote in the wheat adjustment adjustment adjustment ad ad- program referendum wheat farmers have six sL important facts to cOn consider William Peterson Peterson Peterson Peter Peter- son State Director of Extension says The first big fact is that our former large export market continues continues con- con to be small Foreign countries countries countries coun coun- tries have placed high tariffs and quotas against our wheat Our own tariffs against foreign goods have also made it difficult for foreign countries to buy our wheat Every Every Every Ev Ev- ery effort is being made to increase increase increase in in- crease export markets but this Is a slow process Second is the fact that world prices are not materially higher Our two short crops have kept us on a domestic price basis Unrestricted Unrestricted Unrestricted production in the face of the world situation would cause our prices to reach their previous depressed position Third there is still enough wheat wheatland wheatland wheatland land available to produce bumper bumper bumper bum bum- per crops and surpluses Drought caused heavy losses but farmers do not expect drought every year Fourth domestic consumption of wheat remains relatively constant con con- stant Efforts are being made to improve the quality and appeal of bakery akery products Use of wheat for livestock feed is ordinarily increased in increased in- in creased only when wheat is cheap in relation to other crops Fifth farmers are protected through the adjustment payments on their domestic allotments against low world export prices If we had been on a world price basis during the last year it Is estimated that our farm prices would have been 30 36 to 35 cents a bushel under what they actually were Sixth the they drought while solving solvIng solving ing some of the immediate surplus problems has not changed the fundamental causes of the wheat problem which are the large potential potential potential po po- wheat acreage and the difficulty of re-opening re export markets |