§ Mr. ROMERILasked the President of the Board of Trade what was the average price of wheat per quarter, and of bread per quartern loaf, for each of the years from 1921 to 1930?
§ Mr. W. GRAHAMThe prices are stated in the following table, in which the figures relating to the different varieties of wheat show the price of 480 lbs. of grain as calculated from the recorded prices per cwt., the official unit of measurement for English wheat since 1922, per 100 lbs. of Argentine wheat and per 496 lbs. of Canadian wheat:
Million cwts. 1926 … … … 2,310 1927 … … … 2,356 1928 … … … 2,509 1929 … … … 2,213 The above particulars exclude the crops of Manchuria, Iraq and Turkey for which countries comparable figures throughout the period are not available. The total output of these three countries 1831W is between 50 and 60 million cwts. per annum. Complete details are not available in respect of 1930, but for countries covering some 83 per cent. of the world's total, the crop for 1930 is reported as 1,976 million cwts. as compared with 1,83.5 million cwts. in 1929. Statistics are not available regarding the annual world consumption of wheat, but according to data published by the International Institute of Agriculture, the stocks of wheat remaining in exporting countries at the 1st August of the undermentioned years were as follow:
Million cwts. 1926 … … … … 67 1927 … … … … 100 1928 … … … … 136 1929 … … … … 236 1930 … … … … 224
Period. Quantity. Period. Quantity. Year: Quarters of 480 lbs. Year: Quarters of 480 lbs. 1909 … … … 4,163,796 1929 … … … Nil. 1910 … … … 6,753,040 1930 … … … 4,367,361 1911 … … … 4,224,757 1912 … … … 2,101,167 Three months ended 1913 … … … 1,169,257 31st March. 1926 … … … 529,137 1929 … … … Nil. 1927 … … … 573,855 1930 … … … 75,113 1928 … … … 19,071 1931 … … … 1,350,754 NOTES.—The figures for 1909 to 1913 relate to imports into the British Isles as a whole consigned from the former Russian Empire, while the figures for 1926 onwards relate to imports into Great Britain and Northern Ireland consigned from the Soviet Union (Russia).
The figures for 1930 and 1931 are provisional.