832.61311/6–547
Memorandum by Mr. Harold M. Midkiff of the Division of Brazilian Affairs, to the Acting Chief of the Division of River Plate Affairs (Tewksbury)
[Washington,] June 5, 1947.
Subject: Brazilian Wheat Requirements.
| Tons per Month | Tons per Year | |
| Normal imports | 100,000 | 1,200,000 |
| Minimum import quota set by IEFC | 70,000 | 840,000 |
| Domestic production | 17,500 | 200,000 |
| Total normal consumption | 117,500 | 1,400,000 |
| Total minimum consumption (IEFC) | 87,500 | 1,050,000 |
| Imports (Wheat & Flour) | Tons per Month | Total Tons |
| July–December 1946 | 40,000 | 240,000 |
| December 1946–March 1947 | 102,500 | 410,000 |
| April and May 1947 | 48,000 | 96,000 |
U.S. allocation now authorized permits exportation of 25,000 tons of flour or wheat equivalent in July, to arrive in Brazil in July or August.
In view of Argentine shipments described below it is obvious that imports from that country are unsatisfactory to Brazil.
Imports from Argentina
| 1946 | Tons | 1947 | Tons |
| July | 43,955 | January | 14,322 |
| August | 17,135 | February | 61,790 |
| September | 566 | March | 13,233 |
| October | 2,564 | April | 64,487 |
| November | — | May | 16,530 |
| December | — |
Total July 1946–May 1947—234,582 tons, an average of 21,326 tons per month.
In January the price charged by Argentina was $2.33 per bushel, in February $3.00 and at present Argentina is demanding $3.75.