The producers news., 1927-06-17

were also improved during the weel
but further rain is needed to facili
tate plowing and seeding, which
should be completed by the end OF
July.
Spring wheat seeding was contin-
ued in the Canadian prairie provinces
during the week but was practically
completed While the later seeding
will increase the acreage, the out
come of such seeding will depend up
on growing conditions and the time
of frosts next fall. Moisture condi-
tiOns are very favorable and the con-
ditiOn of the crop on June 1, accord
ing to Canadian official estimate, was
95 per cent of the 10 year average on
that date compared with 103 per cent
a year ago.
Cash wheat prices advanced with
the futures and also as a result of
light offerings. New crop wheat was
being marketed in increasing quanti-
ties in Texas and Oklahoma, new No.
l dark hard winter wheat being quot
ed at S1.54-$1.56 delivered Texas COM
mon points. Harvesting began in a
small way in southern Kansas and is
expected to be quite general during
the coming week. Early marketing
is expected as a result of the in
creased use of combines. Mills were
good buyers of high protein wheat
and 13 per cent protein No. 2 hard
winter was quoted at 10c-12c over the
July price which closed June 10 at
S1.3812. Export bids for new hard
winter for June delivery at gulf ports
were reported to be about &c over the
Chicago July, or around $1.531a per
bushel. There was also a good de-
mand for good quality soft winter
wheat and No. red was quoted at
st. Louis at S15O-$1.52 and at Chi
cago at $1.461a-$1.47.
Choice grades of spring wheat were
also in good demand and premiums
were maintained at around 7c-15c ov-
er the July for 13 per cent protein
No. l Dark Northern spring. The
July at Minneapolis closed June 1Oi
at $1.46. Cash prices at Winnipeg
held about the same as a week ago,
with No. l Manitoba quoted at S1.62. !
Premiums for durum wheat were
slightly higher as result of light
offerings, No. 1 Amber being quoted |
at 6c-1Oc over the Duluth July, which |
was equivalent to about S1.62-S1. Sc |
per bushel. Old crop wheat for ex-
port was in poor demand at Portland
but good milling wheat was wanted. |
Soft and western white wheats were
quoted at around $1.48 per bushel.
New crop prospects are very favor
able and a large crop is expected in
oregon, Washington and Idaho. The
wheat market was slightly weaker in
california with buyers awaiting the
new crop. No. l hard white wheat
was quoted at San Francisco at S2.35
per 100 pounds, equivalent to $1.41
per bushel
RYE: The rye market advanced
with wheat but also had independent
strength because of the small supply
1f rye offered. Prices advanced &c to
&c during the week with all offerings
readily taken. The new crop is above
average in condition being 86.6@6 of
formal at the first of June. The
is the highest in several
ears in North Dakota and a splen-
Id crop is in prospect in Nebraska.
OATS: The condition of the oats
rop on June 1 was 1890 of normal
ompared with 1880 on June 1 of :
asst year and a 10 year average of
O.l. The condition was the poorest ,
\ the south Atlantic states. The
Loudly weather has retarded growth
ut as a rule good root systems have
cen established and where water has
OF been excessive the crop should
improve rapidly with warm, clear
leather. While oats prices declined
nth corn during the week the market
'as relatively firmer because of the
ather unfavorable crop outlook and !
ne light receipts. No. 3 white oats I
ere quoted at the close of the week !
the principle markets at ACC to 48c. /
FLAX: The flax market declined I
oout 6Ac influenced somewhat by {
lie weaker market situation at Bue-
os Aires but principally because of I
lie prospect of some increased acre {
ge IN the United States. Because I
the lateness of the spring which &
revented the planting of spring I
heat some of this acreage has been {
'wn to flax particularly in North !
Id South Dakota where trade re- :
'rts indicate probable increase of (
)out 10 per cent in acreage. Re +
lpts were light and all of desirable 8
laIlCy We're readily taken by crush :
s No: l flax sold at Minneapolis {
the close of the week at about /
'zo-Sz'zS per bushel. Argentine {
AK was being offered at elf. New +
'rk at S1.94 per bushel but demands (
ere not active. About 32S,OOO bu- {
els were shipped to North America +
ring the week. Argentine port {
ocks total about 6,4OO,OOO bushels +
'ound 2O,0O0,000 bushels remain for I
port in that country. 8