The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-09-10
REVIEW OF The GRAIN MARKET
Reports Large Canadian Crop Weaken Wheat Market
Feed Grains Slightly Lower

Oats prices declined slightly with |
only a far demand for this grain 1t |
most markets. Inquiry was good at
Minneapolis and Milwaukee though |
damp oats were discounted Demand |
was slack at Kansas City where some
Of the lower grades were carried over
from day to day. Inquiry was dull
at Fort Worth where the quality Of
the late tnreshed oats was reported
very poor. The quality Of new oats
many years.
Rye prices worked lower although
they we're relatively firmer than
wheat. Scattered inquiries were re-
ported from Germany due TO the wet
harvest there. Cash rye at Minneap-
oils moved readily TO mills at lc-2c
over the September future with
choice qualities going at &c over.
Barley was independently strong
with prices working higher in central
western markets. Good mailing bar
ley was readily taken at Milwaukee
with dry parcels in urgent demand.
! Most Of the arrivals showed the eff
fects Of rain during harvest and
/ threshing. Good quality barley OF
| bright color was scarce at Minneap-
oils and moved readily but stained
and poor grain was slow sale. Prices
at Minneapolis ranged 50c-6lc per
bushel while special No. 2 barley at
Milwaukee sold at 66c-70c Demand
was very slow on the Pacific coast
Exporters were out Of the market and
farmers were becoming anxious TO sell
barley. Choice shipping barley al
San Francisco was quoted at $l.3b
per 100 pounds with feed barley at
iS1.16. Prices at California barley
were unchanged in London with new
crop barley quoted elf. at $l.95 pei
100 pounds. Reports indicate thai
some English barley is Of good quail
ty.
The movement Of flax increased a
Minneapolis but crushers were active
buyers and offerings were readily alb
{ sorbed. Minneapolis future prices
were firm and higher and No. flax
seed sold at lei nc over the Septem
Der futures. Flaxseed prices at Bue
nos Aires declined about 4c whil
shippers there were apparently NOR
anxious TO move their holdings. Elk
ports totaled 1,377,000 bushels, o
which $4,000 were destined for tn
United States. In spite of this lib
eral movement, however, the por
stocks in Argentina increased abou
100000 bushels. Shipments from In
, dia totaled 100000 bushels.
Cash wheat showed an easier ten
. during the week on account Of tn
increased receipt and general holdin
off attitude on the part Of the buyer
, AS is usual for this time Of the year
the trade held off for the after Ia
Dor Day run Of offerings. Cash pre-
|, NUNS averaged from &c TO &c lowe
for the week.
,! The market, however, showed inc
cations Of a greater mill and shippin
J demand developing at the lower levels
\ The premium range on No. Oar
= Northern wheat based on protein wa
: quoted today, Saturday, September
y as follows:
liz percent, 1c TO DC over Sept.
IL percent, &c 10 &c over Sept.
= 1914 percent, &c TO &c over Sept
% 10 percent, &c TO l0c over Sept.
1874 percent, Sc TO lie over Sept.
- Ia percent, &c To- l2c over Sept.
" Durum wheat continued in goo
y milling demand but. premiums wei
sharply reduced for the week due
y increased arrivals. No. 1 Amber tra'
n ed mostly at Be to zoe over the ID
y luth September, with No. ! mixed