Synopses & Reviews
Synopsis
Excerpt from Conference of Representatives of the Grain Trade of the United States, New York: April 30 May 1, 1918
Such discussions always lead into review of prices and it is therefore necessary to define at the outset the method of ar riving at such data. To my mind in reviewing those phases of the wheat trade there are three datum points. First, the real price to the farmer for his wheat; second, the price to the con sumer for flour; and third, the differential between these two, which difference includes the costs and profits of transportation.
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