The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-09-03

or recent rains and those grades de-
clined 2c-3c more than the better
grades. Premiums for spot offerings
OF durum wheat held firm with No.
Amber selling at a range of 15c-55c
over the Duluth September price
1hese high premiums, however, were
only Tor the spot grain and to arrive
offerings were available at zoe per
bushel less. ~
The demand for soft winter wheat
SIackened at most of the markets.
Central Western and Southern mills
were well supplied with good quality
wheat from the early movement and
were not interested in the damn wheat
winch constituted large percentage
o! the receipts, particularly at Gin
cmnat1, Toledo and other central
western markets. Premiums were he
ing paid for the dry but prices of the
damp grain declined as much as Ice
per bushel as some of the markets
Milling prices generally were 2c-3c
lower for the week.
Prices in the Northwest also de-
cllned with soft and Western white
wheat quoted at $1.31 per bushel at
portland, Oregon. Storage space was
becoming crowded at the Northern
Pacific coast markets as a result of
the heavy movement of wheat from
Washington, Oregon and Southern
Idaho. Mills were moderate BUYERS
but exporters were taking the bulk
OF the grain. Most of this export
grain is going to Europe but Oriental
buyers were in the market for fair
amounts.
The rye market held relatively
tlrmer than wheat. Prospects are
for smaller crop in this country and
also in Europe. Wet weather is de-
laying the harvest in Germany and
the demand for rye for export was
more active. Cash rye was taken by
the mills at Minneapolis at 1c-3c over
the September price, which declined
about A3c and closed August 81 at
81 7-8c. m
! The rains and warmer weather ear
/ ly in the week were very favorable for
! the development of the corn crop an6
reports indicate that the crop was
materially improved over a large part
of the belt. Receipts fell off slight
ly at the principal markets but de-
mand was also limited and the mar
ket ruled weak and prices 2c-3c low
er than at the close of the previous
week.
The marketing of new oats ccntin-
ued heavy but a large percentage of
the arrivals in the central western
markets were damp, as a result of the
wet weather and these were difficult
to dispose of. The market declined
about &c per bushel. The best grades
were fairly well taken but stocks at
the markets have been increasing
since the middle of August.
The effects of the recent rains were
also noticeable in the receipts of bar
ley, large percentage of which were
damp, and, therefore, of lower grades.
Best mailing grades in the central
western markets were in fairly active
demand at firm prices but the damp
grain sold slowly at heavy discounts.
No. 3 barley was quoted at the close
of the week at Milwaukee at 63c-69c
and at Minneapolis at 52c-62c. Ex-
port demand on the Pacific coast con-
tinued dull. Much of the barley has
not been Of a quality satisfactory to
European buyers and exporters have
not been active buyers. New crop Cal
ifornia barley was quoted in London
at the close Of the week at $1.95 per
100 pounds, elf. Old crop barley
was quoted on spot at $2.O1-$2.17 per
100 pounds.
A sharp decline in prices of flax at
Buenos Aires weakened the domestic
market and September flax at Mime
apolis declined 141sc during the week.
The cash grain, however, was we'll
taken at 1c-2c over the September
price. Quotations at Buenos Aires
were $1.7O1s for September shipment
and SLIP for October shipment. Ship
ments of flax from Argentina to the