Wheat Growing in AustraliaAustralia. Department of External Affairs
Science
Wheat Growing in Australia
Australia. Department of External Affairs
Wheat -- Australia
The settler finds no difficulty in selling his wheat, as grain merchants
and millers compete for it. Often sales are made before the crop is
ripe. The large wheat merchants and shippers have their agents in every
town, and these men visit the farms, inspect the grain, and make an
offer according to the ruling market price. The local millers are also
competing for what grain they want for local consumption. The grower is
paid on delivery at the mill or the nearest railway station. If he
prefers to do so he can store it with the buying firms, giving them the
right to purchase when he is prepared to sell, or he can store on the
farm. The export values of wheat per bushel for the last six years, have
been:--
1909 $1.00
1910 1.00
1911 0.84
1912 0.95
1913 0.84
1914 0.82
Wheat is bought and sold on what is known as the f.a.q. (fair average
quality) system. Samples of wheat are taken from the various districts
by the different Chambers of Commerce, and each State fixes its own
f.a.q. standard. These samples are mixed together, and by careful
testing on a patent scale it is ascertained what an Imperial bushel of
weight actually weighs. The idea is to ascertain as equitably as
possible what a fair average sample of the season's wheat should weigh.
The standard varies a little in different years; it may be 61, 62, 64,
or as low as 58 lbs. to the bushel. Whatever it is fixed at for the
season that is the basis upon which all sales are made. If the market
price for wheat, for instance, is $1.20 per bushel, it is for wheat up
to the f.a.q. standard. Say the latter has been fixed at 62 lbs., the
wheat must show that weight. Agents have what is called a chrondrometer
for the purpose of testing the wheat. If it is below the f.a.q.
standard, a lower price is given. This system has been devised to suit
the export trade. Samples of the standard wheat are sent to markets
abroad, and all cargoes are sold on that basis. When they arrive at the
market abroad they must test up to the f.a.q. standard. This system has
been in force in Australia for nearly half a century.
It must be understood that this standard f.a.q. weight has nothing to do
with the quantity for which the grower is paid. He is always paid on the
Imperial bushel basis, 60 lbs. Whatever the standard may be, every 60
lbs. of wheat is a bushel. The f.a.q. weight is a standard for quality,
not quantity.
Public-domain text, read in full here on John Shaqi.
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