598

AGRICULTURAL RELIEF

Therefore, on the same general idea and the same general plan
that the export sugar is now under the control of an international
sugar pool or association, there is no reason, when we get the wheatproducing
 or exporting countries educated up to a point—and they
are all anxious for something to get better prices—there is no doubt
in my mind but that under an organization of the wheat growers
of this country, operating under a charter granted by the Federal
Government, it would give them a good starting point. This, of
course, is in the future.
Mr. KincaELoE. They are all selling their surplus in the same
market?
Mr. Yoakum. They are all selling their surplus in the same market.
I have the list showing where each country’s surplus goes to. I have
it all tabulated, but I did not want to be too long on that.
The Cuairman. Will that be incorporated in your remarks?
Mr. YoakuM. Yes, sir; I will furnish it for the record.
(The statement referred to and submitted by Mr. Yoakum is as
follows:)
EXHIBIT B.—WORLD’S EXPORTATION OF WHEAT

This statement discloses the wheat-exporting countries and their annual
average wheat exportation during 1922-1925, according to latest figures available.
United States wheat exportation averaged 23 per cent of its pro-  Bushels
duction (largely to Great Britain), or. ______.__________... 187,000, 000
Canada wheat exportation (to Great Britain) averaged 74 per cent
of its production, or _ emma 285, 000, 000
Argentine wheat exportation averaged 69 per cent of its production
(to Germany, France, and Great Britain), or_.___._______._._.. 143, 000, 000
Australia wheat exportation averaged 66 per cent of its production
to Great Britain and France), or. __._ ee... __. 84,000,000
Total exported bushels_____. eo -.__. 699,000,000
Great Britain takes all surplus wheat of the Dominion of Canada. using it to
make prices from other exporting countries.
Mr. Krgromam. Mr. Yoakum, before you proceed, will you just
permit one question which relates directly to the things you are discussing
 just now?
Mr. Yoakum. Yes, sir.
Mr. Kercuaum. A little while ago I understood you to say that,
taking wheat, the total amount of money received by the farmers of
the United States was approximately $7,000,000,000; that when it
was sold to the ultimate consumer it was $22.000.000.000. Were
those the figures you used?
Mr. KincureLos. No: that is the amount received on all food
products.
Mr. Yoakum. Food products.
Mr. Kercaam. With those amounts it would be all products, of
course?
Mr. Yoakum. That is 17 standard food products, and the figures
are taken from the Department of Agriculture.
Mr. Kercaam. I wonder if you could make the statement now, as
to the relative amount that was involved in distribution and that
which is involved in processing? You said it would come later on
in the detailed report and Exhibit A. :
Mr. YoaxuM. Yes, sir; Exhibit A shows distribution, but it does
not go into the processing. The processing is another proposition.