The Miller press. [volume] (Miller, S.D.) 190?-current, 1923-09-06
WHEAT PRICE ADVANCE
Market Nervous as Result of Re.
suit of Kansas Reports
For week ending August q, 1928.

roI week eHuihB august q, 1890
GRAIN:-Whear prices advanced
steadily during the week but bearisl
sentiment of reports Of large crops
and sales OF Russian wheat had a de
pressing effect at the close.
Market nervous on the 9th on re
ports of wet weather and Kansas mills
overstocked with -four. Corn trade
light.
Closing prices in Chicago cash mar
ket: No. 2 red winter wheat 81 O5;
No. 2 hard winter wheat $1.0S; No. z
mixed corn S8c; No. 2 yellow corr
$50; No. 3 white oats 39c; No. 2 mix
ed corn In Central Iowa 75c.
Closing future prices: Chicago Sep
TENDER wheat $1.03; Chicago Septem'
Der corn S2Ac; Kansas City Septem'
Der wheat $1.01A; Minneapolis Sep
TENDER wheat $1.16B; Winnipeg DC
tober wheat $1.04B.
LIVE STOCK AND MEATS:-Chi.
cage hog prices increased generally
Is to 55c for the week. Beef steers
ranged from soc lower to Csc higher;
butcher cows and heifs rs loo lower to
Csc up; feeder steers steady to 25c
lower and veal calves rs to 75c high
er. Fat lambs Csc lower to 25c high.
err: feeding lambs Csc to 35c up; year
lings steady to Csc off.
On August 81 Hogs steady to 10c
higher; beef steers 10 to 4Oc lower;
butcher cows and heifers weak to
Csc off; and veal calves largely SOC
lower. Fat lambs general 25 to 35e
lower.
August 81 Chicago prices: Hogs
top 1895; bulk of sales $3.50 to $40;
medium and good beef steers $685.
to 1855; butcher cows and heifers
$685. to 1915 feeder steers $3.50 tc
SIS; light and medium weight veal
calves $3.50 to 9.
Stocker and feeder shipments from
IL important markets during the week
ending August II were: Cattle and
calves 94,049; hogs 10,101; sheep 55s
092.
HAY:-Hay market makes further
advances. Demand for good timothy
hay exceeds receipts in nearly all mar
kets. Prices of lower grades advanced
by scarcity of good hay. Farm work
and scarcity of labor restricting o
try movement. Demand from South
ern and Southwestern sections con
tinues active for alfalfa. Movement
to Kansas City light because of rains
in Colorado and other producing sec
tons. Quoted August %: No. / tim
othy New York $32: Chicago $2S; No
/ alfalfa Kansas City $23; Chicago
SIS. No. / prairie Kansas City $l2.
FEED:-Mill feed market continues
firm but demand less active. Retail
.ers and buying ~sparingly
at the high prices. Supply continues
light as mills are unable to obtain
shipping orders for -four. High pro.
tein feeds also strong but trading oil
small volume. Buyers mostly await
ing New meal offers. Scarcity OF Al
and 1870 cottonseed meal caused ad
vance of about 81 per ton on $3.50
meal. Corn feeds firm on strength In
corr market but prices practically un,
changed. Trading in all feeds less
active as the buyers appear to be III
willing to follow the rapidly advanced
prices. Quoted August 25: Spring
bran, Minneapolis $3.50; standard
middlings $2S; linseed meal Minneap,
oils SAT; gluten feed Chicago SALTS;
white hominy feed s34.50;. alfalfa
meal Kansas City $24.
DAIRY PRODUCTS:-Butter mar.
kets firm and about I've higher than
a week ago. Current trading has been
of sufficient volume to avoid any
probable accumulation Of stocks in
the market, and this together with the
fact that production is no more than
holding steady were factors support.
ing the upward tendency. Some i'm.
ports at New York although quaint
ties we're rot large. Closing whole
sale prices on so score butter today:
New York 45c; Chicago 43A.