Exports of Wheat and Wheat Flour for the Crop Years 1919-20 to 1933-34-Con.
Total export Quantity Value Crop years Bushels $1925- 26
324,592,024 475,023,6241926- 27
292,880,996 409,654,7151927- 28
332,963,284 441,068,2001928- 29
407,564,186 451,820,8871929- 30
186,267,212 227,317,0901930- 31
258.693,887 188,421,3641931- 32
207,029,559 128,117,1281932- 33
264,304,328 151,321,7461933- 34
194,779,876 140,488,6061934- 35
(end of May)
We have not available the prices received for this wheat up until the beginning of the year 1925-26, but from that time on we have a complete record of what was received in the way of new wealth by the Canadian people through the export of wheat in the form of grain and flour, and those figures are given in the foregoing table. That gives the history of the production and of the new wealth received by this country from the sale of wheat. I need hardly remind this house, if it has followed me in what I have said up to the
moment, that having regard to the purposes for which we utilize wheat, to the size of crops to which I have referred, and to the statement as to quantity exported, that there was a very large carryover. The word "carryover" is used therefore to indicate that quantity of wheat which has not found a market during the crop year. These figures are interesting; for part of our crop that was carried over wa3 in the United States, some of it in elevators, some of it in ships. But it had been included in the export figures when it cleared from Canada, so that while it appears as part of our exportable surplus, it must also be regarded as part of the carry-over, because until wheat enters into consumption it of course is not off the market. For instance, all the crop in this country might be shipped to Europe, but until such time as it had been consumed it would always overhang the market as something that has to be taken care of before additional markets would be available. The carry-overs for the different years from 1920 are as follows:
Year ending August 31:
Canada United States Totalbushels bushels bushels
In 1924 the increase was perceptible: Canada United States Year ending July 31: bushels bushels bushels1924 .. 41,118,536 2,958,084 44.076.6201925 .. 25,454.635 3.027.284 28.481.9191926 .. 34,817,757 3.664,179 38,481.936
May I direct attention to the following years:
Canada United States Totalbushels bushels bushels1927 4.835.148 13.604.780 22.604.398 1928 t.U / U.TOO1929
Now we come to 1930, which was the last year in which my hon. friends opposite were in office:
Canada United States Totalbushels bushels bushels1930
Notwithstanding the fact that we carried over these large quantities, we were growing, as I have indicated to the house, increased quantities of wheat. In spite of the fact that this country harvested so large a quantity, the total carry-over in 1931 had risen to only the following:
Canada United States Totalbushels bushels bushels1931
Or slightly over 13,000,000 bushels more than the year before. In 1932, when hon. members will recall we had the third largest crop in our history, the carry-over was as follows:
Canada United States Totalbushels bushels bushels131,844,806 5,888,255 137,733,061
Grain Board.-Mr. Bennett
Or slightly more than 3,000,000 bushels less than the year before, notwithstanding the fact that we had the third largest crop in the history of Canada. In 1933 the carry-over however reflected the large sales of the year before with the additional crop of 1933:
Canada United States Totalbushels bushels bushels1933
211,740,188 7,688,210 219,428,398
Or something over 81,000,000 bushels more than the preceding year, for reasons that I shall
presently discuss. Canada United States Totalbushels bushels bushels1934
193,990,281 9,954,252 203,944.533
Or approximately 16,000,000 bushels less than the preceding year. Those are the facts as disclosed by the records with respect to the history of carry-overs in this country f;cm August 31, 1920, to the end of the last
In order that the house may have all the information it desires, I shall give the average price, recalling to the attention of hon. members the fact that immediately after the war, for reasons that need not be discussed, but largely because of the revolutions in Russia, there was a steady, large price for wheat. These figures are on the basis of Fort William and Port Arthur for number one northern
1924- 25. .
Average price per bushel . $2 17.5. 1 99.3. 1 29.7,. 1 10.5,. 1 07.1
To which reference will be made later.
1925- 26. .
1929- 30 . .
1930- 31. .
Average price per bushel . $1 51.2. 1 46.3.. 1 46.3. 1 24. 1 24. . 64.2.. 59.8.. 54.3.. 68.1
From the beginning of the present crop year to the end of April, 1935, the price was 82 cents, for reasons that I suppose are known to all members of the house.
That is the story with respect to wheat production, wheat exports, wheat carry-overs, wheat prices and new wealth derived from wheat by this country.