The Miller press. [volume] (Miller, S.D.) 190?-current, 1921-04-21
GRAIN PRICE DECLINES
World Condition and Slow Buying De-
press Wheat Market-Drop in
Livestock Prices.
u. s. BUREAU OF MARKETS.
Washington, ID. e., for week ending
April ~, 1921.

GRATN:-Market unsettled the early
part Of week, but bearish news devel-
oped on the 18th and a price decline
resulted that continued until the 18th.
Factors influencing decline were re-
ports exporters reselling, slow export
demand, large country offerings, and
world economic situation. B"etterment
British labor situation and reports
good export demand resulted in free
buying by commission houses and To-
cal traders on the 18th, and wheat pric-
es advanced; but there was consider
able selling on advance and higher'fg-
ures not maintained. Country Offer
and condition country Dads. Exporters
seek corn. In Chicago cash market No.
2 red winter wheat $1.2615 No. 2 hard
$lS5A, No. 2 mixed corn 5$bcS No, 3
the week Chicago May wheat down
11hc at s1.22S, May corn 4c at 557s.
Minneapolis May wheat down 1shc at
S1.17, Kansas City May 11Ac at $l.l3h.
Winnipeg May 151Rc at s1.4Sss.
VEGETABLES - Northern sacked
Round White potatoes steady 40 to S5e
per 100 pounds f.. o. b.. Chicago carlot
market up zoe at 81 to S1.10.
Middle western yellow onions up 10
to 25c city markets at 6Oc to $1.25 per
100 pounds.
Prices holding fairly steady except in
northeastern markets, which quote
lower.
FEED:-Millfeeds weaker. Decline
has destroyed confidence. Prospective
buyers awaiting still lower prices.
Eastern demand light. Offerings liberal,
frequently becoming urgent. Hominy
easier, offerings increasing. Gluten feed
unchanged, demand light. Linseed meal
heavy, prices lower. C~ottonseed meal
firm, up soc to 81. Season bran offered
at $3.50 Minneapolis. Imported beet
pulp quoted $40 Philadelphia. Wheat
feeds sliding constantly and in poor
request. Alfalfa meal dull, prices gem
orally nominal. Stocks fair, receipts
900 aa~.s % sN~ IAn,-y n,,A Nnl ..
Bran ST., middlings SIC, -four middlings
$22, Chicago; 36 per cent cottonseed
meal $3.50 Memphis, reground oat
s32.5 so. linseed meal 500, northeastern
markets: No. l alfalfa meal $2l st.
Louis; white hominy feed 5000 st.
Louis; gluten feed $31.50 Chicago.
LIVESTOCK AND MEATS:-The
was downward the past week. Hogs
ranged from Acc to soc per 100 lbs. low
er; beef steers and heifers steady to
25c lower; cows steady to CSC higher;
lower grade feeder steers up soc, other
grades steady: fat lambs steady 10 ESQ
lower; feeding lambs down csc to soc.
Yearlings and fat ewes unchanged.
April IL. Chicago prices: Hogs, bulk
of sales, IS to SO; medium and good
beef steers $3.50 to ss.75; butcher cows
and heifers $.4.75 to SO; feeder steers
81 to $3.50; light and medium weight
veal calves $3.50 to 50; fat lambs IS to
s10.25; feeding lambs $3.50 to IS; year
us RfsEO ~ 49, a 0Nto % W QD.lJ.
Stocker and feeder shipments from
IL important markets during the week
ending April s We're; Cattle and calves
3S,269: hogs 1865; sheep $3.50.
DAIRY PRODUCTS:-Butter market
steady early part of week. but prices
declined sharply on the 18th and east
ern markets now about three cents
lower than a week ago. Chicago con-
tinues fairly steady, but with prices
1c higher than New York further price
changes expected: either Chicago will
decline or New York will react and
advance. Closing prices, 92 score: New
York 45kc; Chicago 46hc; Philadel-
phia 49c; Boston 47c. Weakness in
eastern markets attributed to rather
heavy unsold stocks Danish butter and
anticipation more liberal receipts west
ern butter. Heavy arrivals California
butter have also been of some influence.
Trading in cheese markets generally
dull following break of about 2Ac on
the 18th on the Plymouth Wisconsin
cheese exchange. Wisconsin primary
markets prices: Twins 1Shc; Daisies
10 to 10 hc; Double Daisies 19c: Young
Americas and ~LonGhorns iS72c.