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