The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-06-28
WHEAT PRICES DECLINE
Chicags Hog Prices Advanced sc
to 30c for the Week.
For Week Ending, June 22, 1928.

GRAIN:-Wheat prices made sharp
declines during the week mainly on
liquidation salesA Chicago July wheat
down six cents, Corn had indepen.
dent strength advancing INC net.
Wheat had Grmer undsrtone at the
end OF week on short covering. Wheat
showed good resistance to pressure
on the 22nd and prices held firm.
Red winter wheat premiums lower
account slow local demand. July
corn rpices Arm. Closing prices In
Chicago cash market; No. 2 Red win
ter wheat Sill; No. 2 Hard winter
wheat $l.o7; No. 2 mixed corn S5c;
No. 2 yellow corn sec; No. 3 white
oats 43c. Average farm price No. 2
mixed corn in central Iowa 73c.
Closing future prices; Chicago July
wheat $l.05B; Chicago July corn
SAC; Minneapolis July wheat 1885,
Kansas City July wheat 9S5s: Winni,
peg July wheat $1.16k.
LIVESTOCK AND MEATS:-Chi.
cago hog prices advanced 5 to soc
for the week; beef steer prices Is to
Csc up; butcher cows and heifers 15c
lower 10 10c higher; feeder steers
steady TO loo sup and veal calves
steady to 75c lower. Fat lambs 75c
to 81; yearlings soc to S1.75 and fat
ewes 80 to 75c higher. On June 22ud
hogs were Is to zoe lower than yes
terdays average. Common butcher
COWS l5c lower, other classes steady.
Fat lambs so to Use lower, sheep
steady 10 weak.
June 22nd Chicago prices. Hogs
top $7.45; bulk Of sales 1915 to 7.35;
medium and good beef steers SS.25 to
1913; butcher cows and heifers $3.S5
to 1895; feeder steers $6.40 to S.S5:
light and medium weigh veal calves
SS.25 to 1925. Stocker and feeder
shipments from u important markets
during the week ending June 18th
were; Cattle and calves 2S, 1874; hogs |
9,235; sheep 1851.
In eastern wholesale fresh meat
markets; besf steady to soc, veal and
pork loins steady to 81; lamb steady
to 81 and mutton SO to IS higher for
the week.
June 22nd, prices good grade meats;
beef $l5.50-l7.50, veal $15-17, lamb
$24-3O; mutton S14.1S; light pork
lo!as $l5-1S; heavy loins S11-l4.
HAY:--Light receipts continue to
hold hay prices generally firm. Yves.
tern markets rather dull except for
best grades Of timothy and receipts
OF poor hay exceed the demand. Quo.
ted June %, No. l timothy, New York
$3.50, Chicago S24, Minneapolis
$3.50, No. l alfalfa (New) Kansas
City 1925. No, l prairie Kansas
City, SIS, Minneapolis $l7.
FEED:-Markets quiet with scat.
tered demand for nearby shipment
stuff. Deferred shipment offerings
wheatfeeds liberal resulting from i'm.
proved -four demand. Inquiries from
interior very moderate. Production
and stocks most feeds in excess of
present requirements. Quoted June
%, Bran $50. middlings $24.75, -four
middlings $2S.75, rye middlings $24,
Gluten feed $37.15 Chi.
cago; White hominy feed $32, Chi
cago; 32 per cent Linseed meal s3S,
DAIRY PRODUCTS:-Butter mar.
unsettled throughout the week.
At the close the tone was about
steady and with indications of weak.
less in some quarters. Both buyers
md sellers have lacked confidence in
he situation, although there has been
/ slight increase in purchases for
Closing prices 92 score butter; New
York 39c; Chicago Cheese markets
throughout the week under
slow demand. The decline on Wis.
cheese boards Monday placed
rading on a basis fully one cent
over than a week ago. and should
simulate buying unless buyers antici.
,ate still further drops.