When the wheat board officials were here they told us that in making shipments out of the country they took wheat from different years. They did not want to take it from one year because, if it were sold at a good price, that year would make a profit, but if it were sold at a loss, that year would make a loss. Therefore, in selling any
quantity of wheat they would allocate a certain amount to each year, so that each year will be suffering together or making a profit. I presume in making the shipment of S6,000,000 worth of wheat to Greece they will allocate a certain portion to each year and charge it up to the government accordingly.
Topic: DEPARTMENT OF TRADE AND COMMERCE