32 
New OLIVER 
jorihe 
FORDSON 
Outlook for Wheat 
0 Continued from page 19) 
as the West Indies and some American 
millers have foreign outlets for their 
flour brands. As a result, part of our 
wheat and flour will be sold for export 
even at prices above the world level. 
The spring wheat crop includes around 
50 million bushels of durum, most rof 
which is sold for export. Inferior varie¬ 
ties and low grade wheat and flour also 
may be sold for export at the world price 
level without great detriment to domestic 
prices for good milling wheat. 
Year ’Round Harvest Continual 
The United States also has a definite 
period in which it has been the main 
reliance of importing countries. While 
most of the world’s wheat is harvested 
during the slimmer and fall months, the 
harvest is under way in some part of the 
globe every month of the year. New 
crop Canadian wheat is not available in 
quantity until October. Argentina and 
Australia usually dispose of the bulk of 
their surpluses by July and shipments 
from their new crops harvested in Decem¬ 
ber and January can not reach European 
ports until around the first of March. 
As a result, the United States always has a 
chance to sell to advantage for export 
during the summer and early fall months. 
It does not seem difficult to dispose of 
such a surplus as we will have this year 
based on present crop conditions. This 
means that prices in this country most 
of the year should be above the world 
level and, in view of the change that has 
taken place in the general situation, the 
world level should be higher than it has 
been during the last twelve months. 
In still another direction there is room 
for some optimism. Events are moving 
slowdy but inevitably toward an indus¬ 
trial revival in Europe which will increase 
European buying power. This should 
help to lift the world price level for wheat. 
How High Should Wheat Go? 
All this is not to be construed as a fore¬ 
cast of highly profitable prices for wheat 
producers in the United States. A crop 
failure may occur, of course, and put the 
market up to an exorbitant figure. 
Barring such an accident, however, the 
market will have responded most ad¬ 
mirably to the changes now evident in 
the world’s situation if wheat prices 
average 25 to 35 cents higher in the next 
year than in the last one. 
Further Curtailment in U. S. Justified 
Taking a longer distance view, there 
are still a number of cautions which 
should be kept before the American 
wheat grower. Canada, Argentina and 
Australia have not yet exhausted their 
possibilities for expansion of the wheat 
industry in the natural growth and 
development of their lands. Russia, 
Siberia and the Balkan States will 
gradually restore their wheat production 
and furnish the pre-war amounts for 
export. That means that some country 
must export less or all must lower 
their prices. Production costs in all 
these countries are lower than in the 
United States. Transportation costs to 
Liverpool are much the same from 
Kansas, Saskatchewan or the wheat 
growing provinces in the Argentine. 
Justification for Lower Acreage 
There is justification for reducing the 
acreage in the United States to a point 
where with average yields per acre there 
will be only a small surplus for export. 
This surplus can be used to take care of 
occasional low yields per acre, our 
natural export markets, the durum wheat 
produced primarily for export, and the 
low grades not suitable for milling. 
This will remove the function of making 
our prices from the international market 
where values are established by com¬ 
petition between countries whose costs 
of production are lower than our own and 
•where the buying power of the principal 
purchasers is much below that of our 
domestic consumers. 
Fordson plowing was a step in the elimina¬ 
tion of plowing drudgery. In the new 
Oliver No. 7-A you will find another im¬ 
portant forward move in better plowing, 
easily accomplished. 
You will find the Oliver No. 7-A different 
—so simple in construction, so easy to 
operate. It will penetrate in hard soils as 
in more favorable conditions. 
When you see this plow, note the excep¬ 
tional clearance which permits good plow¬ 
ing in trashy fields. See how a powerful 
screw sets the depth and allows the 
bottoms to be raised clear of the ground 
even with the plow standing still. Grasp 
the handy controls which permits all ad¬ 
justments from the tractor seat. There 
is a power lift, of course. 
Wheels, not landsides, carry the weight of 
the plow, making lightest draft and even 
depth furrows so desirable for a good seed 
bed. The hitch can be rigid or flexible as 
your field requires. 
As for the work of the plow itself—we ask 
you to see it and compare it with your 
exacting standard of quality plowing. 
See Any Authorized Ford Dealer 
The Low- 
Priced _ 
ENSILAGE CUTTER 
Built for the Pordson 
A LOW-PRICED, Kighest-quality, self-feeding 
dependable cutter. Fills your silo quickly 
with fine ensilage with a “Fordson” for 
power. Das satisfied Fordson owners everywhere. 
Find out about it now. Sold by all Fordson 
Distributors. Get our catalog of silo fillers to fit 
all powers and pocketbooks. 
Swayne, Robinson & Co. 
102 Main St.. Richmond, Ind. 
Distributor: 
obaf/lTY' 
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IRON AGE 
Potato 
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Iron Age Diggers, like Iron Age Potato Plant' 
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FRED H. BATEMAN CO. 
631 So. Washington Square, Philadelphia, Pa. 
Digger No. 220—Latest Model 
