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RR7012C SASKATCHEWAN: NO FUTURE IN WHEAT?

December 5, 2016 By Editor


Description given on Youtube:
RR7012C SASKATCHEWAN: NO FUTURE IN WHEAT?
The world market for grain could be facing a price
slump by the end of 1970. The main reason is the
wheat surpluses held in Canada, Australia and the
United States, estimated at 60 million tons, of which
27 million tons is in Canada. Of Canada’s surplus, two
thirds is contributed by Saskatchewan Province.
Huge supplies of wheat have been built up in
Saskatchewan because of the decline in exports;
farmers there have become short of cash and
operating capital. One immediate result of the slump
is the large scale bartering of goods for wheat;
anything from petrol to education can be transacted
for so many bushels of wheat. Roving Report went to
Saskatchewan to interview farmers and see the
problems they are facing.

You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/56539e3fb1366d40ec846aa966121458
Find out more about AP Archive: http://www.aparchive.com/HowWeWork

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