The producers news., 1927-11-25
591JFV OF The GRAIN MARKET

cember wheat for No. l hard winter
on track at the gulf. II per cent pro-
lein No. 2 hard winter sold at Kan
sas City at 9c-14c over the December
4utuTe; 1912 per cent, 13c-1Sc over;
and 13 per cent, 16c-23c over the De-
cembar which closed November 18 at
ISI23. Northwestern mills were buv-
/ ing high protein wheat at Wichita.
Soft winter wheat held practically
steady in Central Western markets
with strength at st. Louis offsetting
the decline at Cincinnati and Toledo.
Mills bot sparingly at st. Louis and
4 buying by southern mills was light
at Cincinnati, where it was claimed
that some southern mills We're secur-
ing wheat from the Pacific North
west Prices were nominally higher
in the Pacific northwest but demand
from exporters there was very limit
ed, although millers were taking fair
amounts of hard wheat. Soft and
white wheats were quoted around
$1.2712 at Portland. Prices were
practically unchanged in California
markets
CORN: Futures advanced sharply
although cash prices at some import
ant markets failed to follow the full
advance. Husking returns were re-
ported disappointing in many sections
although in Nebraska the outturn
seemed better than had been expected.
Eastern demand for corn was becom-
ing much more active at Chicago.
Receipts were only moderate and
!, were hardly equal to current needs at
i,,4
were light at Chicago and supplies
) at Ohio markets were hardly equal
Z to current inquiry. Arrivals at Oma-
ha seemed moving readily into con-
sumption with elevators not interest
5 ed in buying for storage but at Kan
: sas City most of the offerings were
2 taken by the elevators although mod
crate amounts went to industries
: Yellow corn was moving west al
prices slightly above the Kansas Cit,
I basis.
2 OATS ruled firm with even The
, light weights moving well at Mime
c apols. Heavy weight oats continued
: in best demand with offerings a
some points hardly equal to the cur
t rent needs of cereal interests. No
|. 3 white oats were quoted at 45c-51
: at the principal Central Western mar
o kets
n RYE prices advanced sharply earl,
h in the week but showed weakness to
}. wards the close when export inuuir'
c became less active. No. 2 rye a
h Minneapolis sold at the Decembe
t price to II 12c over with Decembe
rye closing at 9912c on November Is
S Offerings moved readily at othe
# markets.
It BARLEY prices continued thei
W recent advancement with quotation
h of 88c at Milwaukee the highest fo
is the crop. Maltsters were bidding fo
2 the arrivals at that market. Offering
- were light at Minneapolis whel
prices advanced 4c-5c a bushel. a
y though inquiry fell off at the hight
v levels. Export inquiry was again n
L ported active for the week. Choice /
n fancy mailing was quoted at 79c-8(
at Minneapolis and S3c-S7c at Oh
cago. Feed grades sold general
around 75c at Minneapolis and 74c
Chicago.
FLAXSEED futures declined sharI
- ly largely because of expectations
( large crop in Argentina. The 0
{. ficial Argentine report commented
< the favorable conditions of the comir
: crop and private reports suggest,
( the possibility of record exportab
( surplus.
+ Demand for cash seed in domest
< markets was active, however, al
: premium advanced with No. 1 Sc
I at Minneapolis going at the Decemb
: price to 7c over with some choi
cars selling at &c over. Minneapo
7 December flax closed November
at $2.05.