Wheat - Definition - Law Dictionary Home Dictionary Definition wheat

Definition :

Wheat. See CORN; QUOTA. The (English) Wheat Act, 1932 (22 & 23 Geo. 5, c. 24), was passed to secure to registered growers of wheat grown in the United Kingdom a standard price and a market, and to provide payments by millers and importers of flour by reference to a quota of home-grown wheat and to provide for the purchase by the Flour Millers Corporation representing such millers of unsold stocks of such wheat up to 12' per cent. of the anticipated home-grown supply at the fair market price in the locality.