The producers news., 1926-12-03


hard winter wheat and quotations held
firm. II to 1914 percent protein No
hard winter wheat sold at Kansas
City at &c over the December quota
tion at the market. Export bid S
were around $1.49 fob. the gulf for
No. 1 hard winter
The demand for soft winter wheat
also became more active and prices
advanced &c to &c per bushel, No. 2
red winter selling at st. Louis at
$1.38 per bushel. In the Pacific
Northwest holders were not offering
freely at quotations which held at
$138 per bushel at Portland. Ex-
porters were bidding only Tor small
lots to fill out cargOes sold for De-
cember shipment.
The rye market was firmer but the
advance was less than for wheat. Ex-
port demand continued of small vol
ume but there was active buying by
mills which held cash grain firm.
Prices at several markes5 were suffi-
GENTLY high to attract offerings from
stocks in store.
Corn market held steady through
out the week. The demand for old
corn Of the better grades became
more active but the high moisture
corn continued to sell slowly The
highest premiums over future prices
for the crop were paid early in the
week at Omaha. The movement Of
new corn continues light and ship
ments of OLD crop grain during the
week were materially smaller than a
few weeks ago when the movement
was unusually heavy. No. 2 and 3
yellow corn from the old crop sold at
from Ills to 73c in the central western
markets while new corn ranged from
55c to 6oc per bushel, depending upon
quality and condition.
The oats market continued to have
independent strength and prices held
steady throughout t he week. The
smaller supply in both the United
States and Canada this year has Gre
ated a firm market situation for this
grain. The poor quality of a large
percentage of the receipts has also
tended to increase the premiums for
the higher grades which continue in
active demand.
The future market for barley de-
clined slightly in the central western
markets, but the market for cash
grain remained practically mchang-
ed. There was a strong demand for
the good mailing types but damp and
low grade barley sold slowly. Best
grades at Minneapolis were quoted at
66c to &c per bushel; at Duluth at
64c to 65c per bushel, at Milwaukee
at 74c to nc per bushel and at Chi
cagO 20 to re per bushel The bar
ley market on the Pacific coast ruled
practically unchanged but generally
firm.
Prices of California barley in Eng
lish markets also held steady with
1926 crop quoted in London fob. at
$2.25 per 100 pounds. Feed barley
was quoted at about S198 per 1OO
pounds. Stocks of barley in store in
the principal markets of the United
States now total around 100000
bushels of which more than half is in
store at Minneapolis and San Fran
cisco.
There were no new developments in
the flaxseed market but the tone OF
the market continued firm through.
out the week, December flax closing
November 26 at $2.1815. Dry seed OF
good quality sold in a range of &c un,
der to &c over the December quota
ton. Argentine flaxseed for Decem
Der shipment was quoted at Bueno!
Aires at S1.55h. Seed for February
shipment was quoted at $1.56. Abou
$4,000 bushels of Argentine flal
were shipped to the United States ou
of total shipments for the week O
1,176,000 bushels. Commercial stock
of flax in store in Argentina totalec
about 100000 bushels. Stocks O
flax in the United States markets to
tailed 3,719,O0O bushels.