The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-05
REVIEW OF REGENT
GRAIN CONDITIONS
Markets Have Fluctuated in
Violent Manner Almost
Daily Of Late.
REALIZING WAS HEAVY
Grain Corporations Attitude
Toward Flour Buying Had
Effect on Market.
REALIZING WAS HEAVY

developments OF the week in the grain
market have been violent fluctuations
IN prices, not orIy covering the range OF
the period. but the daily scale as we'll
In less than two days tho market broke
,hout 90 cents n bushel from the hish
level on a rush of realizing orders, the
announcement OF the Grain Corporation
regarding the attitude toward further
-four purchases and resales of -four, fol-
lowed by recovery of about is cents
on the condition that the country move
ment was not adequate to the demand
and that there would be difficulty in
following the cash corn demand. The
market was Influenced also by appre-
b.nsion that there would be effort to
curtau the violent changes in Il
through limitation Of the days changes
or reduction OF the volume of business
Offerings OF Argentina corn continue
in volume at about 30 cents a bushel
under the price of Western corn, but
that feature. while having some in
nucnce on the decline, failed to have
much influence on the advance. and It
was recognized that the amount of
corn which would come in from Ar
rent!na was an unimportant factor
taken in connection with the domestic
demand on commercial channels.
Movement of corn from farms has
been interrupted TO some extent by
weather and rush of farm work. Ad-
vices have indicated that there would
probably be a pause in the moyemens
from the farm until the planting sea-
son was over. Weather conditions have
been somewhat adverse In some sections
fa no sion chat tha
acreage will not be increased but prob
ably decreased as a result Of the
weather. Prices are extremely attrac.
tive, and IL the weather permits II In
claimed that there will be a large acre
age OF corn.
The oats market has been active and
nrices were inclined to follow those OF
corn, The demand for oats for the
domestic trade is not good while supply
is fairly liberal and export demand has
not been large. 1t is claimed that there
has been considerable reselling OF oats
for export and that pressure has been OF
considerable importance. While there
was buying at times on the weather
conditions. and it is claimed that there
will be a decrease in the acreage OF
oats. il il thought that none of these
conditions will affect materially the gen
elal supply for domestic use. The CROP
o. oats for the last two years has been
large.
This country seems TO be full OF oats
and with export demand becoming less
there seems to he every reason that there
will Ne a decrease in the acreage OF oats
or else the supply will be a burden.
Rye and barley have moved rapidly
With the fluctuations in corn. The rye
market has been influenced by rumors OF
further purchases of -four by the Grair
CORPORATION. but It is believed that the
total purchases have been on fairly
limited scale and it is possible that the
aggregate buying OF the Grain Corpora
non will be unimportant Provisions
have moved in irregularly, but with tbs
ynder,one OF the market strong and ne"
high records have been made.
TIE movements OF hogs have been COM
narativply moderate although the quail
itv OF hogs has been good. The rapid
recovery OF corn. larg exports and re-
ports of heavy buying of provisions FOL
English account tended to produce O
strong advance in the market While II
= claimed that the stock of products IT
This country is comparatively small, an
nouncement OF figures available fol
April ! shows that the total supply OF
he country is equal to nearly 100000
hogs, bacon, hams, lard and pork being
considered