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MINUTES OF THE WHEAT COMMITTEE OF CABINET MEETING
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"3. Wheat Price Question
Mr. Huntting brought to the attention of the Committee the question of wheat prices and the Wheat Board's views covered in Mr. McIvor's letter to Mr. McKinnon of May 1, 1946.
Mr. McIvor was of the opinion that the situation should be clarified as the present effect upon deliveries was detrimental.
Mr. Gardiner suggested that an increase in the domestic price to $1.55 would meet the demand for an increase in wheat prices.
The proposed contract with the United Kingdom would answer this question and indicated the need for negotiations to be proceeded with at once.
A general discussion followed embracing such topics as the position of the Winnipeg Commodity exchange, the cost of using the present system,"
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One line is missing a sentence and should read ( too late!):
"Mr. Huntting brought to the attention of the Committee the question of wheat prices and the Wheat Board's views covered in Mr. McIvor's letter to Mr. McKinnon of May 1, 1946. The recent increase in machinery prices has brought the question of an increased wheat price to the fore."
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Parsley, Was the world wheat price $2.00 to $2.50 at the time? I remember my dad, he would be 94 if he were still with us, and unlike cottens 92 year old grandfather, saying the cwb stole $1.00/bu from western farmers with that deal. UK took all she could get & sold what they didn't need and put the $1.00 profit in their coffers all off the backs of DA farmers.
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