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International Wheat Council
Published online by Cambridge University Press: 22 May 2009
Extract
The eighth session of the International Wheat Council was reconvened in Washington from February 2 to April 13, 1953, and the eleventh session of the Council was also held in Washington from January 30 to April 2, 1953. On April 13, 1953, the Agreement Revising and Renewing the International Wheat Agreement was opened for signature. The agreement provided for the following sales of wheat for each of the ensuing three years: the United States, 270,174,615 bushels; Canada, 250,000,000 bushels; Australia, 75,000,000 bushels, with a clause providing for revision downward in the event of drought; and France, 367,347 bushels. The price range per bushel provided for in the new agreement was $1.55 to $2.05, as against $1.20 to $1.80 in the previous agreement. Britain objected to the maximum of $2.05, stating that $2.00 was a “generous settlement”, and withdrew from the agreement.
Information
- Type
- International Organizations: Summary of Activities: IV. Other Functional Organizations
- Information
- Copyright
- Copyright © The IO Foundation 1954
References
1 Department of State, Bulletin, XXVIII, p. 656Google Scholar; for information on action taken at the first part of the eighth session and for additional information on the eleventh session of the Council, see International Organization, VII, p. 303.
2 The Times (London), 04 13, 1953Google Scholar.
4 Department of State Press Release 414, July 31, 1953.
5 The Times (London), 10 31, 1953Google Scholar.
6 International Wheat Council Press Release Doc. No. 12/11, July 17, 1953.
7 Ibid., Doc. No. 13/18, July 17, 1953.
8 New York Times, April 11, 1953.
9 Ibid., August 28, 1953.
10 Ibid., October 27, 1953.