The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1927-08-05
517IEV OF The GRAIN MARKET

Hold steady-New
Prices mt Below Last Year
s5s,l ", so' Of other Grains Light
.-l,et held generally
.. gram 9ali5aog ll51l the week ending .1.1i,1I
but but P effected ted the inclination at
esr. ana o.. If export buyers, to a
-1.llaE! y crop developments, ac-
tlr u The wv weekly Grain 6 Market
/ ,aag . t he United States Depart
,risF o. . -.I The movement
.. Of A az is somewhat below the
,sF Ha s+ations. New soft winter
q szpg', CIV oats are just begin
..a' ana lri We on the markets; Of
20 lid oId crop rye and barley
gi " .-o,siderably higher prices
szl 3. , oIfferings Of new crop grain,
ias i g-- If small spot supplies and
... --. prospects for a new
ia 1.s favorable weather in the
- +ogetber with only moderate
-'.' ,s.trengthened the corn mar
y [a1sed some slight advances
-" ora No important changes
1sis s,raign market situation. Liv-
1s -, - declined slightly during
rrobably rejecting the ap-
s'' q harvest, whichl2 however,
u ~ rired Kingdom, the Neither
Germany and Scandinavia IS
os 70 three weeks late. Recent
- ~ probably caused some de-
..-;or in France and CzechOsla-
& Present indications are that
- -ssr's European wheat crop Is
~ n be much larger than last
Hot. dry weather Is favoring
r. n.1nbe and Balkan harvest where
q risIds and good quality are re-
red
WHEAT. Hard winter wheat har-
.i-g is nearing completion and soft
Ear wheat harvesting is well I'M
rav. Spring wheat made gener-
+. isyorable progress. Rust dam
now unlikely in Colorado, Mon
and western North Dakota and
-.tsr South Dakota, according to
1, r c. Stakman, in charge of the
- INST studies of the United
-. Bureau of Plant Industry. In
'-sr North Dakota and in Mime
q ust developed very rapidly dur
the week ending July 81 owing
|. Isavv rains, dews, and warm
tier. In the Red River Valley
IS present on practically 100 pei
M Of all wheat plants with sever
IF Infection on sheaths and necks
irving from a trace to five per cent
4. present cool weather is checking
n further development of the rust
unless this weather continues Sc
-p losses may result in southern
Minnesota where considerable damage
Is largely been done.
The cash wheat situation varied
Irzierably in the different markets
he early heavy movement has falleT
.,i sharply at Fort Worth, suggest.
BE- the completion Of the heavy mar
Es-1g in that territory. Receipts al
Kansas City and Wichita have beer
Is than expected but the movement
I-uased materially during the weel
J. Omaha and Chicago. The percent
bee Of arrivals that are of high pro.
in continues much below that Of
.at rear and high protein offering:
be Ringing higher premiums. Thir
teen per cent protein No. 2 hard whit
b vas quoted at the close of the weel
b Kansas City at 11c-13c over thu
September price, which closed July 2:
3 l5l rs. Fourteen per cent pro
ZEN sold at 15c-17c over the Septem
,I price. Bids for No. 1 Dark har,
Enter to arrive were at the Septem
b price with &c premium offere,
iI each half per cent protein owe
ls per cent. Export bids for Nc
hard winter at the close of the wee
.ae around Sl.49 per bushel f. o.
lli Ports. No. 2 hard winter whea
'as quoted in Liverpool at S1.69 pc
asael compared with S1.61 for Ar
'aiine ROsefe and $1.76 for Canadi
q No. l Manitoba.
Soft winter wheat receipts were in
,iaaslng but quality disappointing
'ei qualities were in excellent de
.and but poor grades were discounte
lafply. At st. Louis discounts 70
.4ilcky and smutty wheat range
ig W. lc-l5c under prices for goo
alllng quality. Receipts from near
Y territory at Toledo showed bette
-ali'y than wheat from more distar
s.lons. Increased receipts at CHI
ago and prospective shipments fro1
, Z. and Kansas CITY weakened til
.lleago market and widened the di:
o1nS on lower grades. No. 2 re
'as quoted at that market at S1.4
y 100 and No. 8 red at $1.40-$1.42s
". y z red sold at st. Louis at S1.4I
'.t' and Cincinnati at $1.38-S1.39.
The movamen+ of e,,,,.; l.,