The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1925-10-09
GRAIN MARKET
REVIEW And DATA
Cash Wheat Firm Despite Weakness
in World Markets: Lower Prices
Restricting Marketing of Corn
Oats in Good Demand.

(By Z. S. Dept of Agriculture)
Washington, D. c., Oct 3.-While
heavy marketings of Canadian wheat
and a lack of European export de-
mand weakened the general market ,
situation and forced future prices to
lower levels, cash wheat in United
States markets remained firm and
premiums for certain grades at sew
eral markets reached new high lev
els for the crop. The decline in the
corn market restricted the movement
Of corn, creating an active demand
which held cash prices at practically
level at several of the Western mar
kets. Oats were in active demand
and prices for this and other coarse
grains held steady.
Receipts at Canadian terminal mar
kets indicated that close to 100000
600 bushels of new crop wheat have
already been marketed. While these
heavy offerings and bearish world
conditions placed a heavy pressure
upon the domestic markets it was
largely neutraliZed by the rapid alb
sorpuOn Of the cash supplies in Unit /
Cd States markets. Flour demand |
was greatly improved during the
week and reports Indicate that the
sales by Northwestern mills have
been the heaviest in years. Premi-
umS for spring wheat increased and
Y per cent protein No. / Dark Nor
lfaem was quoted at Minneapolis at
lhe close of the week at 5-11c over
.ae December price; 1912 protein 9
l5c over and Is per cent protein at
Pile over.
There was a good demand for dur
UNI wheat, caused partly by the larg-
e bookings of durum -four orders.
No. i Amber at Minneapolis was
quoted at &c under to 12c over the
december price; 1912 per cent 9-14c
over and l3 per cent at 12-17c over.
lnere was a good demand for dur
uLl wheat, caused partly by the larg-
S[ bookings of durum -four orders.
no Amber at Minneapolis was quot
% az sc under to 12c over the Duluth
OcJooer price, which closed Friday at
SlIo. 100000 bushels of red durum
was reported loaded at Duluth for
Shipment to Chicago.
me winter wheat market except In
Ine Pacific Northwest was even firm
S y ynan the spring wheat market.
Ili1S were active buyers at practical
y an the markets and offerings of
SueSI OIL desirable quality were not
e4lal TO the demand. The highest
CnlelLlufns OF the crop were paid at
Onaha, where 2 hard winter IL pei
osHt protein was quoted at 12-13c ov-
me Chicago new Decembey future
pllCe' No hard winter IL pei
S glv protein was quoted at Kansas
I5 10y al l4c over the December price
70 per cent protein 15c over anC
20 per cent 16c over.
~ mere was an excellent demand fol
s sOIS red winter wheat and prices o.
Ns. gram did not follow the decline
SOU ao'ures but held practically at tn,
v i,,.e prlce as at the close of the pre-
~; SooS week Southern mills were &C
r. Oeyers although buying SCENE,
rs5 lor current needs only. No.
n Q, " IN was quoted at st. Loui
& 81 S1.og per bushel; Cincinnati 81. 5S
'i;T00; Toledo S152-S1.53
No,Ie wheat market in the Pacif
pr 9,Sl;"eSt was weaker. There wa
miIll'caly no export business an
T5 -,s also bought limited ouantitie,
W. We're inquiries from Centrf
and S5'I I'm markets, including Chicag
but b hJ9sas City for soft white whes
Oiuefs generally were awaitin