The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1926-04-09
CROP
PROSPECTS LOWER
WHEAT PRICES

Continued favorable weather fer
the development of the winter wheat
crop, together with no material i'm
provement in the export demand,
weakened the wheat market during
the week ending April 3 and prices
at several markets were forced to
new low levels for the crop. accord
ing TO the Weekly Grain Market Re-
view OF the United States Depart
ment oil Agriculture. The rye mar
KeC was weaker with wheat but the
market for feed grains was firmer as
a result OF light receipts and an i'm
proved demand.
snow over large portion of the
wheat belt provided needed moisture
ana the condition of the winter wheat
was further improved. Private crop
reporters have placed the condition
at 05-81 per cent of normal, which.
according to trade reports, would in
dlcate a crop of winter wheat around
as we'll as the domestic demand for
wheat was somewhat restricted nv
tne Easter holiday for which the for
elgn markets were closed from Fri
day to Monday, inclusive. SEEDING
Oh spring wheat in the Northwest was
retarded by the cold weather hut i
expected to be well under wav again
next week. Flowing for spring wheat
IN canada was also reported to hp
making good progress.
Inc cash wheat market was ,oIo
.lVeIy weaker than the future NOR
kets, as a result of the very linoitod
demand. Heavy test weiobt 1vboa+
S Was III the best demand at Minneap-
OILS, even though the protein tests
" weLe not nigh. Premium for the
liIgIler protein wheat declined about
one cent per bushel, II per cent nro-
eeln NO. Dark Northern beiny
quoted at Minneapolis at 8-11c over
Iile May price; 1219 per cent 9-19c
over; ana IL per cent 1O-13e ovor
Milling. quality durum wheat NO, ~a.
Iirm with No. / Amber quoted Of AZ
close OF the market April / at e. o.
$I.oz per bushel. Other grades &c
Gurum wheat were dull. and nnIoor
demand increases it seems nro cil.1Iio
GhaC some of the lever grades n.y.,
nave to be carried over into tbe I,ovS,
crop year. NV Tie new
Premiums for hard winter u,boo+
We're also reduced about one COW %iiedI
oushel becaue of the poor den1en r,S F per
l no. n Wheat. No. 2 hard winter u
r. r. oeiiC protein was quoted at the
o. OIL the week at Kansas Citv at
o. o. over the May price; 1914 per cent
&c over; and 13 per cent. iOc oIor
Ul1e May Premiums for soft winto,.
AZ. We're also reduced % cents Of
Ille principal markets, but stocks onJ
II;eGelpCs OF this wheat were v 1slru
The rye market declined Mill
Sat5 as result of the light demand land
1OCh Tor milling purposes. R ecoi,1tN
however, were very. light and w W.,
: TaOliy y absorbed by the local mill o,,J |
demand. Prices of Mo- NO. anu 1
aecIlned about &c for the week 'e
movement eff corn was rod,cod -
, ,l~IL Guy curing the week by unfav-
p eoiS "eather and road conditions
nec9ipts at most of the markets were
, ,rnoI- than during the previous
week, but reports generally indicafod
NM M Inc quality was improved
Inc ne demand for oats was also nooro
55cClVe and the market has bao ,o
IcI1er than for sometime. The co.,
IL several lots Of oats for export Tt'' at
ne opening eff navigation were va
'Idefp i IFO e2n Minneapolis and Duluth
'u ne STOCKS IN those markets.
Inc barley market was nracticolIr,
l.IncIn1a:nged with receipts fairly Iar@Ss
waiting types were well taken 81 ~.
ne lower grades and feed barIe,y
we're we're Slow sale. Pacific Coast mar MAJ
I 'a,s3 We're also dull and prices have a,1
,,,.i ne max lax market held fairly steady
iI odIig the week, although the prices
Ieclined slightly as a result ''l Of P Io
.uotatlon for Argentine flaw
;;eaVIer movement of flax in AroenA !
Ina was reported as the princinaI
Ibeatke 'sg factor in the markets IN !