486 Imports of the Cereal Year. [sept., 



With regard to the countries from which the supply of wheat 

 was drawn, the receipts from each of the principal sources of 

 imported wheat are given below : — 



Country of Export. 



Thousands of cwt. 





1910-11. 



1909-10. 



1908-9. 



1907-8. 



India 



21,460 



16,077 



10,904 



10,48c 



Russia ... 



25,728 



27,911 



9,47o 



4,455 



Argentina 



16,983 



11,405 



24,542 



28,128 



United States ... 



9,479 



14,911 



19,299 



25,273 



Canada ... 



13,826 



i8,539 



15,118 



13,578 



Australia... 



10,417 



n 5 9i5 



9,587 



6,264 



India, Russia, Argentina, and the United States have, 

 during the last four or five years, been substantially on an 

 equality as regards exports to this country, any deficiency 

 in the supplies from one being made up by the others. 

 In^icjio-u there was a set-back to the steady increase shown 

 by Canada in recent years, while on the other hand the de- 

 creasing tendency exhibited by the United States was well 

 maintained. The imports of wheat from Argentina, although 

 greater than in 1909-10, were still much below the level of 

 some former years, the decrease compared with 1907-8, for 

 instance, being 11,000,000 cwt. The receipts from Russia, 

 India, Canada, and Australia were high, but in no case so 

 high as in some former years. 



With the large total quantity of wheat available in the 

 past two cereal years, the average price has steadily declined 

 from the high level of 1908-9. The average declared value 

 of the imported wheat was 33s. lod. per quarter, compared 

 with 375. 5d. in 1909-10, and 395. id. in 1908-9. The average 

 price of British wheat only in three weeks of November fell 

 below 30s. per quarter, but it kept very close to the 30s. line, 

 and the average for the harvest year was only 305. nd. per 

 quarter, compared with 325. 6d. in 1909-10, and 36s. 6d. in 

 1908-9. This is, however, far from being a return to the 

 low prices generally prevailing up to 1906. English barley 

 averaged 24s. gd. per quarter, or nd. above the average for 

 the preceding year, and oats at 175. 8d. showed no change. 



The following table shows the average prices of English 

 wheat, barley, and oats ascertained under the Corn Returns 

 Act in each of the cereal years since 1901. The quantities 



