The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-05-07

,,-bat Unsettled - " neat
Grain Man NE Firm But Feed Grams
Generally lion Demand and
Lover s5e- Conditions Principal rae
g W.. n Wheat Markets
Grain market present
The p iSsS unsettled condition dur
ID raIn .aak ending May l, accord
ng the new WV Weekly Grain Market Re
ng to ths .bo limited States Depart
1eT Of 'lLS1;cnItDre. Weather cond-
usnt o. 1 56tb the winter and spring
tons ID Us together with the de-
gheaI a. n the foreign demand
vsloplilsA'' we're important factors
aHlaIoL' +,ibuted to the unsettled
VhisA : 'f he wheat market. The mar
:.a'gs e. y feed grains weakened Mater
Eet lol .4b receipts moderate and de-
nana ~ .L.+onding the smaller sup
"I,5eat still available compared
Ply o. We year. foreign demand con-
gl.n ~ ;vsctive and both Liverpool
E1aeq5 , mos Aires markets declined
sla or bpshel. While information
10 ;..;l = to crop conditions in the
rsaa,v European wheat producing
Tfl.-IIeaee IS meager, reports gener-
'9ll% ;n5icate that the crop is making
aIy I --ooress. Conditions in several
gool. F - are probably not so favor
Co.,, y. d last year, when they were
usually IN good at this time.
no United States hard winter
~. continues to make good prog
VIC. Mn weather has been too dry
RS, 80. Is If the belt. If conditions
7 Inc favorable harvesting is ex-
~. - IN start in Texas and Okla
- sbout the first of June. COndi-
a',-l i the Pacific Northwest are
.:I favorable. with the crop month
=, ~ weeks earlier than usual and
y. middle Of June. In the spring
80 territory conditions have been
s.-orable for seeding and this Oper-
I'm IS nearly completed over most
. no belt Early seeded wheat is
mha good stand in North Dakota,
Il rain is needed for termination
4 Minnesota, the DakOtas, and Ore
g1l
The market for cash wheat con-
f-rsd rather dull. Receipts at the
,Ircipal markets were larger than
& sometime but buyers were eau
frs and were taking only sufficient
rbsat for their immediate needs.
Protein content was practically ig-
rvsI in the winter wheat markets
sr5 quality as indicated by the test
Weight was the principal selling fac
nr Number 2 hard winter wheat
vas quoted at Kansas City at the
dose Of the week at S1.58-$1.60 per
hshel. Buyers were beginning to
Ei for new crop wheat on the basis
Of five cents over the Kansas City
july price. Northwestern mills were
also bidding for new hard winter
wheat on the basis of about seven
cents over the Kansas City July
Price, which closed April 80 at $1.34
per bushel
Spring wheat markets were also
iaL with premiums slightly lower,
2 per cent protein No. 1 Dark Nor
them selling at Minneapolis at the
close Of the week at 5-11c over the
Nay price and Is per cent at Size
ever. Durum premiums were about
Unchanged with offerings of desir-
able quantities very light. No. l Am
ber was quoted at Minneapolis April
80 at $l.47-1.56 IL per bushel.
Soft winter wheat was firmer than
other grades and prices advanced
about lc per bushel for the week at
several Of the important markets,
No. 2 red being quoted at st. Louis
at SL7l-S1.7S per bushel and at To-
ledo at $1.7S 1-2- liza 1-2. The mar
ets in the Pacific Northwest also
he'd tm at ruling price of about
AoO per bushel delivered at the ter
nlnal markets. This price is stimu-
Iaang rather heavy country move
nlent but demand continues good
nom exporters who are reported to
have sold close to 100000 bushels
" be shipped before July l.
The oats market was lower with
CON, although the movement appears
Y oe diminishing and commercial
aocks are being reduced at the rate
y ABOUT 100000 bushels each week.
I@lner heavy deliveries on future
SgohIacts are expected at Minneapo-
Z. -r OUT It is reported that these oats
i sil probably move out freely via the
axes TO eastern markets. Winter
g "a. are mostly in fair to good con.
lu0h with the seeding of spring
.aS nearing completion. The new
SSOp is heading in California anc
TTaIsestlng is expected to begin II
texas the latter part Of May.
r me rye market was independent,
' sSaf and future prices declined
.eally three cents for the week. Elk
IN Ess demand was very small and
III ,--.e stocks are not large they ap
100 s,sl . be more than sufficient fol
eHs NEEDS.
:, Inc barley market was also veal
q. result Of a more limited deman,
NJ Sns gram and the decline in TIL,
hi > q q. other feed grains. Princi
Trading grades were quoted a
j, .tt-IIiSeSapohs at 54-65e Der busbeI an,
(. SSlIwaukee at 70-75c. The Paci
49, East markets were also dull witl
H. S,O barley quoted at around sos No
Sao = Portland and S23 Der ton a
Conn an, francisco. Harvesting Of ne1
Cii barley viii begin IN Arizona N az an
hi - sa. within a few weeks an
lev / .e'lIa aider of the old crop. bar
fa q oel1g pressed on the market
sigb,l,L. london adon barley market wa
5srg. . hrmer, California Superio
100 no Quoted on spot at s1.77 ne