WHEAT COSTINGS, 1914 AND 1919-1922. By Herbert Grange. (P. S.
King. Is. 6d.)
Mr. Grange, one of the farmers who keep accounts, has prepared an instructive statement, showing in detail the cost of growing wheat on a Hertfordshire farm in 1914 and in the years since the Armistice. In 1914 the actual cost of pro- ducing a quarter of wheat was 82s.; in the last four years respectively the cost was 65s. 4d., 85s. 2d., 95s. 10d. and 64s. 4d. The ordinary labourer's daily wages in the five years were 2s. 50., 5s. ind., 7s. 40., 8s. 50. and Os. id. Flie farmer's plight may be readily inferred -from these figures, for the cost of production this year and last was far in excess of the market-price of wheat. Last year, according to Mr. Grange, the farmer's net loss was £5 to £6 an acre. This year also the loss will be heavy, despite the reduction in wages. It is a lamentable situation for all concerned.