The Miller press. [volume] (Miller, S.D.) 190?-current, 1922-08-17
PRICES ARE ON DECLINE
Wheat Declines Still Further,
Pork Up.
U. S.. Bureau of Markets. Washington. d. {
for week ended August z. 1921.

v. 5. Bureau of Markets. Washington. ID. O..
for week ended August z. 1921.
GRAIN-Wheat price trend for week
was lower except on August 4 when
trade sentiment changed temporarily
and prices advanced on short cover
Ings. Reaction occurred at close OF
week carrying prices to new lows for
season on all except September wheat.
Corn futures acted largely In sympathy
with wheat. On August Z generally
bearish sentiment and hedging pres
sure in anticipation of Government
crop report tomorrow carried prices
Of wheat and corr off. Export bust.
ness was quiet. Visible supply of
wheat 22,433,0 900 bushels compared
with 34,567,0 900 last year; visible sup.
ply Of cor 1858, 900 bushels compar.
ed with IL. 369 900 last year. Closing
prices in Chicago cash market: No.
3 red winter wheat $1.09; No. 2 hard
winter wheat $1.10: No, 2 mixed corr
63c; No. 2 yellow corn csc; No. 3
white oats 33 cents. Average farm
prices: No. 2 mixed corn In central
iowa about 49kc; No. 2 hard winter
wheat In central Kansas 90c, No. ]
dark northern wheat in Central North
Dakota $1.06. Closing future prices:
Chicago September wheat s1.05A ;
Chicago Sept, corn 60Sc; Minneap
oils September wheat SLIP; Kansas
City September wheat 9s$c.
LIVE STOCK AND MEATS-Com.
pared with a week ago Chicago hog
prices showed net declines ranging
from Csc to $1.15 per 100 pounds.
Lower grades of medium and heavy
hogs showing the greatest declines.
Beef steers were 10 to soc higher and
butcher cows and heifers firm to zoe
higher. Veal calves 75c to 81 higher;
feeder steers 10 to Csc lower; fat
lambs rs to Csc lower. Feeding lambs
weak to 10c lower. Yearlings were
somewhat irregular but averaged about
steady. Fat ewes we're weak to 25t
higher. On August 7 the Chicago hog
market closed dull with packing
grades 80 to 40c lower and others gen
orally soc lower for the day. The cat
tie market was generally weak with
lower grades of beef steers and
butcher cows generally 15c lower
Stocker steers and veal calves steady
native lambs from rs to soc lower;
feeding lambs and fat sheep generally
steady. Aug. z, Chicago prices: Hogs
top, $40; bulk OF sales s725 10 sf0.f5;
medium and good beef steers $50 tt
s10.25; butcher cows and heifers 81 IL
to SO; feeder steers $40 to $7.S5,
light and medium weight veal calves
S $50 to $10.75; fat lambs $11.50 &c
s12.65; feeding lambs $11.40 to $12.5 so;
yearlings sS25 to 5000; fat ewes
$3.50 to s7.65. Stocker and feeder
shipments from IL important markets
during the week ending July % were:
Cattle and calves 66,9SS; hogs 1852;
sheep $500. Eastern wholesale fresh
meat prices were firm and generally
higher for the week; veal, lamb, nut.
ton and pork loins were 81 to 81
higher. Beef ranged from firm to 81
higher. On August 7 better grades OF
beef were soc 10 81 higher at most
eastern wholesale markets; yea.
ranged from steady at same markets
to So higher at others, Better grades
Of lamb 50 higher with lower grades
about steady: mutton was steady at
some markets and So higher at others;
pork loins 81 to So higher at New
York and firm to 81 elsewhere. Aug
7th prices good grade meats: Beet
s14 TO SIT; veal SIS to SIT; lamb s24
to see: mutton SIS to SIT; light porh
loins SCI to $26: heavy loins s14 tc
$40.