The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-11-16
REVIEW OF The GRAIN MARKET

OOO,OOO bushels. About 81 600 OOo 70
manned on farms at the first of NJ
Vemoer with about 1000 .O00 b,,sboI.
IN store In the markets. maxine -
TAI supply of about 2.951 .O00 nm ~,
smells compared with zoos. OOO mn h.
f ;ne last season. Rapidly diminish
ny STOCKS OF corn in Argentina have
99tSlnuiated an export demand for tbe
oI!tea states corn and trade renorts
lIfuicale that export sales have been
OF considerable volume. UGH
= Export corn was quoted f. O. b New
ofk at 98c per bushel. Industries
ana feeders were the principal hnverS
IN the domestic markets and current
offerings were readily taken at ad-
Vanclng prices. No. 3 white corn was
quoted at Kansas City at 85c-88c and
NO; 8 yellow at 83c-85c per bushel.
.OAIS: The oats market was firm
WIN corn but trading was not of LARGO
volume and there were no new faso
lures IN that market. No. 3 white
oats were quoted at the close of the
week at Kansas City at 43c-45c. Of
Cnlcago at 4SA c-44c and at Minnean-
oils at 39%c-41%c.
BARLEY: The barley market was
easier with demand slow except for
best mailing grades. There was some
accumulation of the lower grades of
Minneapolis and prices declined. Feed
ing barley was quoted at 49c-52 in
tnat market with best mailing grades
selling at 61c-66c per bushel. Re-
celpts at Chicago were smaller but
the market was weak with mailing
barley quoted at 54c-72c and feeding
quality at 48c-52c per bushel. Feed
ing barley was lower at Milwaukee
where No. was quoted at 58c-7Oc
per bushel. Special No. was quoted
at 68c-78c. No. special barley was
quoted at 79c per bushel f. O. b. New
York.
FLAX: Market turned somewhat
flrmer toward the close of the week
influenced by steady demand fo1
good quality flax and prospects OF
reduced supplies this season. The flax
crop which is now estimated at TO-
O26,OOO bushels is less than half OF
the crushing requirements of last
season. Supplies of old seed in
crushers hands and in the terminal
markets at the beginning of the year
October 1, totaled about 4, 440,0OO bu
shells compared with about 5,800,OO(
bushels year ago, making a tota
supply this season of about 24,426,
600 bushels compared with 32,370, O0(
: bushels last year. Crossings of flax
seed last season We're the largest OF
record and totaled about 41,797 ,00t
bushels. This resulted in a recorC
production of linseed oil, but larg,
amounts of oil passed into consuming
channels throughout the year AM
! stocks of linseed oil at the first O
i. October were also the largest OF
1 record for that date.
j. If domestic requirements of flax
seed during the coming season ar
equal to the average of the past few
t years, imports will be much large
' than last season. Another large GRO
t of flaxseed is in prospect in Arger
s tina, however, but the crop in Cana
0 Ida, from which the United States al
h so draws supplies is materially small
: er than last year. The favorabl
prospects in Argentina are being re
t Elected in some weakness in prices o
J. seed for new crop delivery. Seed flo
: February shipment was quoted q
Buenos Aires, November 8. at SIG
V 7-8, decline of 3-8c for the weel
i Quotations on old crop seed, howeV
n er, were higher, seed for Novembe
e shipment being quoted at Sill {
+ Buenos Aires at $1.90 C. j. f. Ne
J. York.
: Domestic prices held firm for tt
). better grades, No. / seed being quo
% ed at Minneapolis at &c under to
~ over the December price of $2.251
Z, g Seed containing heavy moisture {
+ lots that were in poor demand ar
- q prices of this quality flax decline
h about &c per bushel. No. l seed W;
= quoted at Duluth at the Novemb'
= price of $2.23% to SC over, a decli1
- of about lie for the week.