The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1925-09-04
THE PRODUCERS NEWS

ton noted at Inspection and diversion
points was reported due to shippers
hOlalng grain for competitive bids
ana not to lack of space at the ter
nllnal markets. Premiums averaged
signify lower for the week, II per
cent protein No. 1 dark northern SELL
ing at Minneapolis at 4 to z over
me september price, 1919 per cent
pfolen at Tile over, and IL per cent
at 1O-loc over. There was a heavier
demand for heavy weight wheat to
NIX with the light wheat taken ear
ner IN the season. Durum wheat was
IN good demand for all grades, No. l
Amber selling at Minneapolis August
2 at S1.34-S1.48.
Winter wheat markets also weak
ened during the week but receipts
continued light with farmers still in
cllned to hold for higher. prices. The
demand fer wheat from hard winter
wheat mills was of small volume be-
cause Of poor flour demand and pre-
mlums were lower at most markets.
Omaha was an exception with wheat
selling higher at that market than at
the close of the previous week. No.
z dark hard winter 141a per cent or
be ter protein sold at Kansas City al
the close Of the week at IA cents Ov-
er the September price, 1872 per cent
protein l2-l212c over and II to 1886
percent protein in 101a-11c over.
Premiums on red winter wheat
were lowered Csc at the principal
markets. Sou hen demand was less
active but local elevators absorbed
the offerings at the lower price. level.
With continued favorable crop
prospects country shipments CT corn
Increased and the markej declined
sharply, future prices reaching new
low levels for the crop year. There
was a fairly active demand of mod
crate volume at most of the markets,
however, which absorbed the current
offerings. Some export inquiries were
received and while prices are nearing
export basis no sales of note were
reported. A cargo of about 225,000
bushels of Argentine corn arrived at
San Francisco. 1t was of excellent
quality and brought premiums over
Eastern corn.
The oats market declined with
corn and because of continued heavy
receipts and rapidly increasing
stocks. The lower prices stimulated
buying and the demand was active
particularly in The Southwest where
oats were being taken instead of
corn and mill feeds. Exports for the
week verse around 100000 bushels.
The rye market was relatively
weaker than wheat and declined z to
8 cents per bCshel. Export demand
was lacking and demand was mostly
from mills which took the offerings
"a lower prices.
The movement of barley to the
North Central markets continued
heavy but there was a rood shipping
and mailing demand The uualitv Of
was excellent and prices held /
relatively firmer than other grains. A /
cargo for export via Montreal was
sold at Milwaukee. Export demand I
at San Francisco was reported slow /
but exports have been very heavy I
to date. Brewing barley was quoted .
at that market at S190 per hundred. /
There was a keen demand by export
ers at POr land for desirable brewing
,ypes of barley for export and bids
we're around S1.75 hundred. Lon
Ion quotations for superior mailing
Oarlev for September shipment were
about $1.S4 per hundred pounds.
A heavier movement of faxseed
about two weeks earlier than usual
weakened the market .percc0tibly dur
ng the week as crushers. were not
to start heavier operations.
Prices declined about. 1917 c for the
week at MINNEAPOLIS, closing August
3 at S2.471a. Spot seed sold at the
,ptember price to lie over.