Omaha daily bee., 1914-04-19
GRAIN AND PRODUCE MARKET
Tariff Change is Losing Corn Trade
for Western Farmer.
sOUTHERN PRODUCT COMINa
yellow Cereal from south America
IL Proving a strong Factor
Upon the Eastern Sea-
board Markets,

OMAHA, April IS. 1914
The change in tariff under the Wilson
administration has lost to the western
farmer the corn trade he once enjoyed
in the east. The seaboard markets are
either chuck full of corn from the south
ern hemisphere or the corn Is coming for
ward In large amounts, and this fact has
completely supplanted the cereal raised
in the great corn belt of the United
states. The Argentine shipments this
week were 4H2,OO0 bushels, which ex-
els, and is 2924O00 bushels larger than
for the corresponding period year ago.
Advlces from that country say that
were II possible to secure additional tom
mage at this particular time, the shipment
out of that country would indeed be enor~
nous. There is now in the Argentine
visible supply $4,000 bushels, showing an
Increase for the week OF $4,000 bushels
and reflecting the increased movement
off the farms to the principal ports. a
year ago the visible supply there was
Argentine has raised crop of s4S, 900
600 bushels of corn this year ano inc
exportable surplus from that crop Is
estimated at 240,0O0.00Q bushels
Cash handlers Of this grain in our
country have backed away from the IN
creased offerings and producers have
met them at the declining bids.
There was further liquidation by longs
in corn yesterday and the May suffered
a loss OF &c and from that price there
were losses OF &c down to sc, with the
decline the least Tor the QGIerfe0 inonl0S.
1t Is believed there Is still a large amount
OF May corn to come upon the market
and that a great deal OF this Ia held by
the country. Losses are said to be
shown in every bushel Of it.. Liverpool
was lower on corn. The weather Is
favorable for farm work and receipts
here amounted to only twenty-nine cars
yesterday. Cash sales here we're some
what larger at 2s5 900 bushels, which was
much In excess OF any day for weeks
past.
There was a strong undercurrent in the
wheat, market and prices closed ta8ho
I higher. The worlds shipments for this
week will be small at g. 500, 900 bushels
while the corresponding period a year
ago there were $4,000 bushcls In addi-
ton to this as a bull help there will be
fair decrease in the amount OF bread
stuffs on passage to the United KINGDOM
Northwest receipts were small.
There is now in the Argentine visible
supply 1.24S. COO bushels, while at this time
last year the total was 100000 bushels.
Shipments from Australia, India and Ar
gentine this week were only 1,856,0O0 bu-
compared with 7.476000 bushels q year
ago. Cash transactions in wheat here yes
terday were small at 1000 bu.
Oats held up fairly we'll in price in the
face of sharp price losses for other grains
There was covering on the part of old
time shorts sellers and the offerings
were smaller, even on the hard spots
and established.
Provisons--Shorts were buyers OF pro-
VISIONS early, and In addition to this
there was some support from packers
a spell Of liquidation satisfied the early
demand and this continued throughout
the session, which brought about further
marked declines. The provision market
closed easy. A conspicuous feature of
trade was the buying of 10000 barrels Of
July pork by one of the larger private
wire concerns. Some of the buying OF
July deliveries was credited to Pat
Cudahy, the Milwaukee packer.
Cash wheat was zc lower
Cash corn was Nc to &c lower.
Cash oats were nc lower.
Clearances: Wheat and flour equal to
225,0oO bushels, corn, 5000 bushels, oats,
1000 bushels.
Liverpool close: Wheat unchanged to
1sd higher; corn, I'D lower.
Primary wheat receipts were 10000
bushels and shipments 10000 bushels,
against receipts of $4,000 bushels and
shipments of 496 000 bushels last year.
Primary corn receipts were SIS, 600 BUSH
els and shipments 4Ss, 900 bushels, against
receipts of $4,000 bushels and shipments
OF 9O9 900 bushels last year.
Primary oats receipts were 314 900 BUSH
els and shipments 902, 900 bushels, against
receipts of $500 bushels and shipments
OF 571 600 bushels last year
CARLOT RE(, ,EIPTS '