Show FORESEES HIGH WHEAT HEAT PRICES Declares Canadian Crop I Overestimated Need Bu CHICAGO March tarch 2 2 By By y The Associated Press Julius JI II Barnes In a comprehensive anal anal- analis s sis is of oC the wheat situation points point o out ut largely increased disappear disappear- ance an a nce e of wheat in the world market market I indicating nJ world requirements may mayun ma r run un to th to bushels or n compared with f estimate ot of bu- bu bushels bu s heis Mr Ir Barnes Earnes sass saS sa s also that tha t the he amount o ot of wheat afloat may Inay ma d decrease ase from now on and that i it t shows no Indication of ot reach I ing ng the bushels forecast by b y Broomhall According to Mr Barnes Darnes It Is daily dally becoming more dear c leat that the Canadian crop elop was wa o overestimated with additional s spoilage and feeding b because of o o oat at scarcity Summarizing de- de detailed dc t tailed ailed figures of o export require require- ments mOnt of ot to 00 bushels from February 1 to ti August 1 I he sass sas sa s it would seem reasonable r that maximum quantities quantities ties t ies available from different countries coun- coun t ries woul would not be he more than thai about a bout bushels point point- pointIng pointing Ing i ng to a a very cry close adjustment and ando an anto to t o possibilities o of necessity o ot of h higher prices to compel substitution l tion ion or curtailment of ot t ion S |