The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-06-07
GRAIN PRICES DOWN
Chicago Hog Prices Declined 20
zoe for the Week.
(For week ending June LIST, 1929

GRAIN: Grain prices trended
downward during the week and fin
ished at heavy losses. Liquidation
and local selling influenced by contin-
ued lack of buying support were main
market factors. For the week Chi
cage July wheat down 7bc, Chicago
July corr &c. Wheat started lower
on the first and suffered drastic de-
cline under liquidation and stop-loss
selling. Export demand fair on de-
cline. Corn lQwer with wheat but re-
ceived fair support on breaks and pric-
es held narrow range. Closing prices
in Chicago cash market: No. 2 red
wheat SLIP; No. 2 mixed corn soc; No.
2 yellow corr Sic; No. 3 white oats
42c. Average farm prices No. 2 mixed
corr in central Iowa &c. Closing fu-
ture prices: Chicago July wheat
$1.O9B; Chicago July corn 1850, Min
~neapolis July wheat SLIPS; Kansas
City July wheat $1.03; Winnipeg July
! wheat $1.12A.
HAY: Hay market weak. Demand
restricted by good pasturage condi-
tons. Receipts increasing at several
markets including Cincinnati and St.
Louis. Country loading of fair volume
as farmers are clearing up old stocks
before harvesting new hay. Prices
range from unchanged to 81 lower.
Quoted June l, No. l timothy New
York s26, Chicago $21. Minneapolis
$3.50. No. / prairie Minneapolis SIT.
FEED: Mill feed markets heavy.
Interior demand very light. More dis
position to sell wheat feeds especial
ly winter wheat bran. June shipment
bran quoted SO under prompt and
transit. Heavier wheatfeeds holding
firm owing to light receipts, demand
moderate. Alfalfa meal market weak
due to increased new crop offerings.
Supplies generally ample. Quoted
June LIST: Bran $25, middlings $27,
-four middlings $1,000, Minneapolis;
Gluten feed $37.15 Chicago; 80 per
cent linseed meal $3.50 Minneapolis;
White hominy feed S33i0 Chicago;
No. l alfalfa meal $27.75 Chicago.
LIVESTOCK AND MEATS: Chi.
cago hog prices declined 20-30c for
the week. Beef steers steady to Csc
up; butcher lows and heifers Is to
40c lower; feeder steers 35c off to 10c
higher and veal calves steady to Csc
lower. Fat lambs % to soc and spring
lambs so to Use lower. Yearlings
steady to Csc up and fat ewes Csc low.
er to Csc higher. On June 1st better
grades of hogs mostly sc higher; veal
calves tending lower; sheep and lambs
strong to 25c higher. June 1st Chica-
go prices: Hogs, top, $7.40; bulk Of
sales $685. to 100; medium and good
beef steers $3.50 to 1860; butcher
COWS and heifers $4 to 1885; feeder
steers S6.40 to $50. light and medium
weight veal calves So to IL; fat lambs
$11.75 to 14.50; spring lambs $13.75 to
1875; yearlings 1915 to 1915; fat
ewes 1915 to SIS. Stocker and feeder
shipments from IL important markets
during the week ending May 25th
were: Cattle and calves 46,479; hogs
13,S43; sheep 1895. In eastern whole
sale fresh meat markets beef firm to
81 higher; veal and pork weak to 81
lower; lamb 81 to 2 higher; mutton
weak to SO lower for the week. June
1st prices good grade meats: Beef
$3.50 to 1850; veal SIC to IS; lamb
sec to %; mutton $13 to 90; light
pork loins SIS to IS; heavy lCins s11
to Is.
DAIRY PRODUCTS: Butter mar
kets unsettled most Of week although
firm al the close today. Production in.
cerasing and while some butter is NOV.
ing into storage neither prices nor
quality have been satisfactory for
storing to be done on a large enough
scale to prevent pre- eielcd cmfwy
scale to prevent price declines. Spring
defects noticeable and have increased
the relative percentage of under
grades. Closing prices 80 score but
ter: New York soc: Chicago 3Shc;
Cheese markets steady to firm, with
unsettled undertone. Prices on Wis
consin cheese boards Monday ad-
vanced slightly. This advance was
followed by early sales, but as the
week progressed, 1t has not been fol-
lowed closely. Wisconsin receipts be-
ginning to show grass flavor. Prices
at Wisconsin primary cheese markets
May 31st: Flats 24Ac, Twins FAC.
Daisies 24Ac, Double Daisies 24c,
Young Americas 24hc, Longhorns