The Archive · 1940

U.S, Continues Wheat

Subsidy to China

New York, Jan. 20.

The Agricultural Department has reinstated the wheat export subsidy on shipments from the Pacific Coast to China and Hongkong. The Department has also extended the four subsidy programme to include other exports fo these places.

This action has been taken pri marily to assist in meeting the special wheat surplus problem of the Northqwest, "where it is estimated there is a surplus of approximately 25,000,000 bushels.

The rate of subsidy for flour exports will be announced later. Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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