264 



THE WHEAT INDUSTRY 



United States finds her greatest wheat market in 

 western Europe. The price of wheat to the 

 American farmer depends very largely on the 

 demand which European countries make upon his 

 product. Thus large crops in other exporting 

 countries, such as Australia, Argentina, Canada, 



Courtesy of New Chamber of Commerce, Seattle. 



FIG. 113. Elevators are being built along the waterfront at Seattle. The 

 one in process of construction at right of picture will have storage capacity of five 

 hundred thousand bushels. 



India, and Russia, cause a lessened demand for our 

 wheat and lower prices result. The price likewise 

 depends to a large extent on the crops in the chief 

 importing countries : Italy, Germany, France, and 

 Great Britain. Bounteous crops in these countries 

 render large imports unnecessary and lower prices 

 naturally follow. In a similar way the greater 



