The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-04-30

LGgeI -oss Market ecu u ans
Signify Easier
+Be sharp advance in
r,loving l.g ;ors week the wheat
+ss the pres, Ser during the week /
rs .5-I although foreign m nl 2Ihelc9
lprl lily firm, states the 1 WGfhI
~sre g5neito-ii.ss Review Of the United
4 Gra-1, A l.rtnent Of Agriculture
s-s-ss D5pe:.t ~ If wheat were larger
Ils. 55 he previous week and a mus
tan tos so,n- nj we're again sellng
B The S9 2l.- holdings on account OF
gsr Of me our inquiry, forcing ola
he irags! and cash wheat prices
r,p iuy-,is9 lille new crop futures
5sFrraI[43i firm with good export
Fs-s rsi'T Fed grains ruled barely |
rglI!. .;tb ample receipts, although |
sasdy wiz. WIN GOOD because Of delayed |
9a z.igS wheat markets were prac- |
EoEsls- -,cbangei Trade reports |
5aly g;.ated that European stocks
sgaIl. l-i'Ji, esnls.e,l and that steady
BID osSn .;gIt De expected for the
N-f the crop year. The crop III
e. = ras forecast at about 52O,OOO'-
L..ls - ea1 or about 100000 bushels
o -" last years production, indi-
3. ~ 4bsr little or no wheat will be
.o-,- --S from India this year.
s g.tsr wheat was in very good to
49, ~ condition in the principal
1o5 5-.;rg sections of the Plains
- uBere further rains we're bene-
- snt conditions we're less favor
- 4. = tbe Ohio Valley while further
- tbe crop was backward but inn
- Spring wheat seeding was
IN sio7g towards completion in the
.'-.tsrn part of the spring wheat
y. where termination was being
i-is7ad in some localities by lack of
T,sb wheat was weaker than fu-
80 Receipts in the Northwest
ere much larger than trade expec-
..f,rs and met a generally dull de-
~ IN account of slow flour bust
- forcing premiums lower. II
= cent protein No. 1 Dark Northern
rp 7-l2 cents over the May option;
nf.2 Der cent, 8-12 cents over; and
8Bsr cent, 9-13 cents over. Durum
~sriums worked sharply lower, al
a1yh durum futures advanced on
,qgrt Of the export inquiry for
Irm wheat. Offerings at Mime
s1fs however, were in excess of the
limited demand and No. 1 Amber dur
IN 0d at 5-15 cents over the Duluth
Nay. which closed Friday at S1.44.
Premiums for high protein wheat
tained sharply at Kansas City
vhere interior mills were reselling
Ear Of their high protein wheat. In
creased arrivals were ample for cur
rent needs, particularly since mills
and traders were allowing their stocks
70 run low in anticipation of lower
prices On new wheat. Some Kansas
City elevators were offering high pro
ten wheat at no premium over Ordi.
raTy wheat No 2 hard IL per cent
protein was quoted at CT cents Ove1
The Nay price and u 1-2 per cent anC
higher protein at about z IL cents
over
Soft winter wheat prices worked
lover with mills reporting dull floul
Business. Demand for export wa!
again active in the Pacific Northwes
iof both old and new crop wheat
farmers were selling freely, although
gnces declined slightly from tn,
l5l-Sl.52 paid earlier in the week
Lack Of space was still handicappin,
aeS Of old crop wheat to Europe.
Oorn prices were relatively firm al
noagh receipts 1T most markets wer
asaner than the preceding week
lgnt offerings. Demand was goo
u me Southwest where farmers wer
oFng feed for work stock. Indus
mes were taking fair amounts al
I0ugn trade reports indicated a re
S11on IN corn milling at some point,
go manufacturers were in the MAJ
Ley as the late spring vas creating
us..ef demand for feedstuffs but ele
ia.Ors bought sparingly and expol
demand was light.
OatS prices worked lower with d,
.'aliu only moderate. Small amount
VIZ VIZ Oelng worked for export and fa
s~ss were being made to the SoutI
- receipts were lighter at mo.
5 i.-Ae1S put commercial stocks baN
-'5TSeased slowly and are still larg
vs n.y. was was relatively frmer ths
, 1-sat' Small export sales were aga
.,pIlVea an milling demand at MINI
EN- esv1s practically absorbed the r
!, D;s a.y was practically unchang,
4. memo. tlor markets but weaker I
H. \, acme Coast. Demand for mai
r- : OaTiey was good at MilwauJT
a' ,roS ABOUT II cents higher. Ma
- 80 yoOk desirable offerings at MI
iss4 gC . While grinders and mix
N manufacturers bought feed bs
vs.,. me is, San Francisco market W
ie ,SA with holders pressing LARGE :
i, IS Of old crop barley on the ms
novo =. account of the anticinat
ver ,e'llent Of new crop, and exnoI
hg % cautious cautious buyers. Choice bre,
Ia barley was quoted AT 81 20 n :
vbHs oLIll Is and feed barley at 81
ate W. barley for MAY deliver - P q
po1 ~ angeles at about 81 90 nar = !
4 Pa.,. Quotations were uncbano
English markets with Sn1nl3
STA barley on spot seIIipo.
@otas per 100 pounds and 2
On ~ a. about s1.82. Iondon n =.
loo ' oe, barley were about I 81 81 4ii !
eou5 5s n Ia :: market ruled firm IN
strer i q light domestic ofFe srl al .
AFaS Higs and strength in the RI BSo !
nam market. While cr IlsJ puei
EgItu was not active il abs oir5l
sivsnccso' glpts at Minneapolis and
has eoe,i IN the price Of Iinsae anu -
attrso enabled the crushers 'i to o1o+ IA
the 9 s, price on oil. Pra AZ G.JIg
Ian I sr5 seed nee now held at : P HITriiy y
~ and Port A IA a. CII