Omaha daily bee., 1914-07-28
GRAIN And PRODUCE MARKET
Western Farmers Holding the Whip
Hand Over Wheat Situation.
CORN IS STILL IRREGULAR
yellow Cereal f. quite Uncertain In
Level of Prices and is FIuctu-
atinG Up aud Down in
Price.
OMAHA, July n, 1914.

OmAttA, July H. ASlA
According to Joe Pritchard. the average
citizen is doubtlessIy impressed with the
idea that with a wheat crop Of more than
oO,OOo,OOO bushels in the United States, the
man who follows the plow will be Obliged
to meet the views Of foreign buyers. This
is not the case, however, as western
farmers hold the whip hand in the wheat
marts Of the world.
Crop conditions in many Of the coun-
tries Of the old world are not as glowing
as wheat importers would like TO see anu
this will give the Yankee" farmer
better market for his wheat. From Rus.
sia comes word that the spring Wheat
prospects are rather discouraglng:
Farmers Of Kansas. which is the banner
wheat state country and where the crop
is variously estimated at from loOVO,VO
TO 1S0OO0,0 600 bushels, have made stand
to hold their wheat for higher prices.
AS to the crop prospects in the spring
wheat country, they are not as favorable
as was the case a fortnight since Crop
experts, however, who have been sent into
that country for the purpose of ascer-
taining the exact condition of the grow
ing wheat plant have worn threadbare
the claims OF damage. During the latter
part of last week II was seen that new
buying power must come into the market
unless crop prospects displayed further
deterioration, but the bulls were helped
no little bit political complications
abroad, in which Austria and Serviar it
is feared, will have an unpleasant session.
Corn has ruled unsettled and irregular
and price changes have followed the
changes: Those who have put out short
lines of good size have been forced to
cover at losses, save during the last few
days, when there was a change In sentl-
ment, with the weather the controlling
factor. Conditions in Argentine, while
somewhat better. because of clear and
cooler weather. failed to cause any weak
ness In the markets of the old world,
where prices were steady to firm
While the course OF the oats market In
the near futures will depend to a large
extent upon the action Of wheat and
corn, IL has been evident during the last
few days that the traders in this market
are more Inclined to take the initiative
and pay less attention to other pits. This
is true to greater extent when prices In
the big pits move upward than when
weakness Is shown, because of the trade
fears to follow the buying side too closely
in view of the better crop reports that
are coming in.
Those who have long Ines Of hog prod
uct have been disposed to take profits at
all favorable opportunities during the last
they have lost confidence in the future
position Of the market or not, is a ques-
ton they do not care to answer.
Wheat was Nc to 1c higher.
equal to 100000 bushels; corn, A,O0o BUSH
els; oats, none.
At Liverpool wheat closed %adc higher;
Primary wheat receipts were S76 900
bushels, against receipts OF 3, 11S,OO0 BUSH
els and shipments of 1,167,000 bushels last
Primary corn receipts were 7s5, 900 bush
els and shipments 363. 600 bushels, against
receipts of $4,000 bushels and shipments
OF 44OOO bushels last year.
Primary oats receipts were 955, 900 BUSH
els and shipments $4,000 bushels, against
receipts of $4,000 bushels and shipments
of 641000 bushels last year
These sales were reported today: Wheat
mo. 2 hard winter: cars, 79c; cars
7S1kc; l car, 7Skc; cars, 7Sc; 8 cars, T71sc
No, hard winter; car dark, 7so; cars
7S%c; car, 7s1sc; cars. 7Sc; car, 77Ao
car, TIC; l car, 76hc; 1 car, 761ec. No
hard winter: car, 7Sc. Rejected:
car, Tic. Barley-No. 8: l car, $50. Rye
No 3: ] car, 611kc. Oats-No. white
9 cars. a1tc; Z cars, s4Hc; I cars; new
s4e Hc eaTs fsr' sac St Rejected! hiie car S%c
No grade: car. sa1fc. Corn--No. white
I cars, 74%c; 2 cars. 7tl1o. No. white
/ car, 74%c; 67t cars. 7t1sc No. 8 white
car, nc. No. yellow; 1875 cars; zoe,
10 cars 69Slc. No. yellow; l car, 7oc; i
cars. es%c; 4 cars. 6el4o, No. yellow
6h cars, 69lfc. No. yellow: car, 6SAc
No yellow: cars, 69c. No. l mixed!
/ car, near white. 71kc; 2 cars. 6S1tc; 81
car, soc. No. mixed: car, 6911c; cars
6ec; cars, 6S&c. No mixed: cars
6S&tc; 4 cars, 6Shc. No. mixed / car
eS1kc: car, 6sc. No 5 mixed: car, .neaI
white, 7019c; 2 cars, S%c.- No. mixed
cars. &c. Sample mixed: car, 6S1sc
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