The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1927-08-26
c,;obtlv Lower for Most
MARKET ' TTssyorabIe Spring Wheat
Grams, Weaken Wheat Market:
PrOsp11, over on Larger Receipts.

Market ' Favorable Spring Whea
Grains s.ts Weaken Wheat Market
Prosp9T, over on Larger Receipts.
.ble weather in the sprin&
Fsgol esa Of the northwest and Can
gheaI g. lack of frost damage anC
ID. WIZ serious development Of
% iu1. ,s+ during the week ending
b-'eA 20 30 caused easier tone in the
Algls' market and checked the recon
Fas1. trend in prices, according t.
g2'@- -oeglv Grain Market Review o.
ne I,ritej States Bureau of Agricul
ils economies. Larger receipts Of
ili1i ~ ~ more liberal offerings o.
con- .r -ll oats lowered prices for these
lse slightly. The rye market helC
On. and the barley and flax marke
Isrs also steady
F5 I;-+Ie further damage from rus
- L.. IN United States spring wheat
lAs-: sloDg the Canadian border, &C
80 - 10 report on the rust situa
eo'--- h. DR.. L. 9. Stakman Of the
,,. .a States Bureau of Plant Indus
Tosses are less than anticipated
y. in the northeastern section Of
L I-F Dakota wheat is no nearly ma
~. ~ that little further damage is like
= Little damage has occurred II
i5,,baastern and eastern Montana. II
.,-tysI and north Central Montana
go. - croD is later and while not now
..-f.,-ed the rust is advancing intG
-. territory. Cool weather favor,
.5ie to the crop prevailed during the
week.
...+ IN wheat in the Canadian prov,
mos according to the Manitoba Free
P,s.s but not at any alarming rate
Tho frost damage which occurred
-sinly on August Z affected the croI
eorsiderably according to this report
Srt the extent cannot be fully deter
mined until threshing returns are
,s.siyed. The frost ranged in inten
.i.v from slight to 10 degrees, hav.
no occurred at 112 points in Saskat
-IsUan with the maximum at one
w1t only. The average was 2-3 de
grses. 1875 points in Manitoba report
n TO 6 degrees of frost and II
B9ipts in Alberta l to 6 degrees will
the average in both of these province
around 2 degrees. Cutting of whea
+, expected to be general about tn
last week in August, and despite frost
ust and storm damage a large har
vest is expected if hot dry weathe
prevails during the next two weeks.
European crop and market condi
tons were not changed materially an,
latest condition reports and estimate
Indicate a crop in the northern hemi
sphere about sixty million bushel
above last year. This figure may b
raised, however, by an increase in tn
Canadian estimate, although recent re
ports show less favorable condition
IN many European countries than pre-
vailed a week or two ago.
# American farmers carry on
their intentions to increase white
wheat 1877 per cent as indicated a to
tai acreage Of winter wheat of abou
46370OO acres will be sown thi
FALL This would be greater than tn
acreage Of winter wheat sOwn in an,
season except 1918.
WHEAT: While future prices tend
ed downward during the week cas-
prices held fairly steady, PARTICULAR
for good milling types which were i
active demand. At Kansas Citv /
per cent protein No. 2 hard white
sold at l5c-l7c over the Septembe
prce which is equivalent to S1.46-S1.
g per buShel based upon the marke
elose August 10. The heaviest move
nent during the week was in Nebras
A4 out a large percentage of thi
wheat Is damp and tough because O
ue recent hot weather and this heav
moisture grain is being discounted 2
70 DC at Omaha, Kansas CITY. an
OA5T market points. Export deman
Vas ialrly active although exports t
la'e nave been only about half a
ie -, as a year ago, totaling abou
-o'vVV,UOO bushels to August Is. e.
fo,' OidS at present are around &c t
~ over The September price for NJ
o. aaIu winter wheat delivered to gul
g0f'S' At the close of the week. n,
leu winter wheat for August sbir
.-,.'. was quoted at Liverpool S15
. . with SLOT for No. 3 Car
ian ian Manitoba ana S1.57 for snr
pIseh'lne Barusso. These prices az
NJ. ~. quotations of domestic wheat q
III continent, local wheat in BerIi
r ...g quoted at S1.7412, in Frenc
I -4lAeIS at Sl.81 and in Italian MAJ
food grades soft winter wboo+ ole
nav leIauyely firm. Dry, soft whes
rs5 SyaIce at st. Louis where No
r. ~ was quoted $1.46 per bushel d,
sor --u was slack at Cincinnati but @,
slsr..sl shipments had relieved recer
ts ,'a'of congestion. No. , red wiz
81 2sf eS quoted on that market 2
4 'S Sol and at Toledo at S1.38T
pa Sl se,E declines in prices at VIM
ms me- ttOi:oWing more favorable develol
h., tbs IN the spring wheat crop
snr;, country weakened the domest
sTr my wheat market and declines
ois - wheat prices both at Minneal
er tS Saa Duluth were relatively grea
wi, ,.1n quotations for hard and So
resST g, wheat. High protein lots wei
fs s--lly taken hut lower protein o.
tbe-ss s sold slowly and premiums f.
H. we, were lowered &c to &c durin
cg5ts week ID per cent protein bein
S,-o'eo at the close of AZ u-aol9 -,