Agricultural relief: Agricultural relief

Bibliographic data

Multivolume work

Identifikator:: 1831932415

Document type:: Multivolume work

Title:: Agricultural relief

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Volume

Identifikator:: 1831935406

URN:: urn:nbn:de:zbw-retromon-232218

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 9

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 591 - 642

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of hon. G. N. Haugen

Collection:: Economics Books

682 AGRICULTURAL: RELIEF allowances having been made for seed, food, and carry-over. (For instance, the net profit to the producers of wheat for the crop year 1926-27 has been calculated to be $266,737,446, assuming that the entire crop of 871,691,000 bushels had been marketed. If, say 100,000,000 bushels are used for seed, food, an carry-over, the equalization fee would be $0.1066 instead of $0.94, and the net profit would be $226,614,139, instead of $266,737,446.) Wheat {From Department of Agriculture} Crop year * ODI eee mr mm mo mm te (024-25 en TT 005-26 a 1926-27 Production Bushels 91, 797, 381 862, 627, 60C $32, 305, 00% 871, 691, 00C Net exports Bushels 128, 473, 000 251, 915, 000 92, 371, 000 205, 944, 008 Prices.—No. 1 Dark Northern at Minneapolis and No. I Northern at Winnipeg Y ear 2 923-24 meal 1924-2" emcee DZD cm ws vir mwas scons 1926-27 - ve eee ; . Net Minne- |v i i | Equaliza| rofit » Total profit apolis |\Winnipeg| Tarif | Freight | tion fee | Pbushel 58 65 1.51 "1.00 i) 1 51 1.46 $0.03 $0.034 , $0.171 L03) L154 - .376 03 03a | 276 | .03 L094 | .306 $140, 148, 364 324, 347, 752 229, 716, 189 26. 737. 446 If the bill had been in operation during the crop year of 1923-24, the wheat srower would have received the Winnipeg price of $1 plus the tariff of 42 cents and transportation charges of 3 cents, or a total of $1.45, instead of the Minne- apolis price of $1.24, a gain of 21 cents per bushel, minus the equalization fee to cover the discount of 21 cents per bushel on the 128,473,000 bushels exported, or $26,979,330, to be distributed over 791,797,381 bushels, or an equalization fee of 30.034, a net profit per bushel of $0.177, and a total profit of $140,148,364. If the bill had been in operation during the crop year 1924-25, the wheat grower would have received the Winnipeg price of $1.66, plus the tariff of 42 cents and transportation charges of 3 cents, or a total of $2.11, instead of the Min- neapolis price of $1.58, a gain of 53 cents per bushel, minus the equalization fee to cover the discount of 53 cents per bushel on the 251,715,000 bushels exported, or $132,514,950, to be distributed over 862,627,000 bushels, or an equalization ‘ee of $0.155, a net profit per bushel of 37,6 cents, and a total profit of $324,347,752. The wheat crop for the crop year 1925-26 has been estimated at 832,305,000 bushels and the exports to May 1, 70,000,000 bushels. The wheat grower would receive, if the bill were in operation, the Winnipeg price of $1.51 plus the tariff of 42 cents and the transportation charges of approximately 3 cents, or a total of $1.96, instead of the Minneapolis price of $1.65, a gain of 31 cents per bushel, minus the equalization fee to cover the dis- sount of 31 cents per bushel on the 92,371,000 exported, or $28,635,000, to be distributed over 832,305,000 bushels, or an equalization fee of 4 cents, a net profit of $0.276 per bushel, and a total profit of $229,716,180. The wheat crop for the crop year the crop year 1926-27 has been estimated at 871,691,000 bushels, and the exports at 205,944,000 bushels. Assuming that the whole crop had been marketed, the wheat grower would receive, if the bill were in operation, the Winnipeg price of $1.46 plus the traiff of 42 cents and trans- portation charges of approximately 3 cents, or a total of $1.91, instead of the Minneapolis price of $1.51, a gain of 40 cents per bushel, minus the equalization fee to cover the discount of 40 cents per bushel on the 205,944,000 bushels ex- ported, or $82,377,600, to be distributed over 871,691,000 bushels, or an equaliza- a ad, a net profit of $0.306 per bushel, and a total profit} of

Access restriction

Copyright

fullscreen: Agricultural relief (Pt. 9)

Multivolume work

Volume

Chapter

Table of contents

Download

Volume

Chapter

This page

Image fragment

Citation links

Citation recommendation