The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-27
REVIEW OF THE GRAIN MARKET

from generally distributed light in
lection to moderately heavy infection
but the rust has developed slowly and
wheat has a gooo chance to mature
without in urv. A trace of stem rust
has heen found in the Red River Y al
lev and hare trace eastward, accord
inc r. rennrts to the United States
Rnrean If Plant Industry.
CASH WINTER WHEAT: The
cash wheat Market followed general
" the decline In the futures market
but an active demand from mills as
result of heavy flour sales was a
Strengthening factor and premiums,
particularly for dry high protein
wheat held firm. Rains in the cen
trail west have done some damage to
the harvested grain and large per-
centage of the receipts in the central
western markets show heavy mois-
ture and some bleaching. Protein is
ayeraping lower than last season.
Tests IN 5000 cars by the Kansas
State Inspection Department showed
an average protein content of 11.86
compared with 1925 for the same per-
iod last wear. Most of the high pro-
TEN wheat offered at Kansas City is
from Texas and New Mexico. No.
hard winter IL per cent protein was
quoted at Kansas City, July 20, al
&c to &c over the September price OF
$1.20 So; 1917 per cent protein was
bringing 10 to IA cents over; and Il
per cent II to 20 cents over. Premi
, ums on good quality milling whea
were advanced to 2 cents at WIGHT;
, with the supply of this quality below
current demand. Premiums were al
, so advanced at Omaha for hard DIR,
. wheat declining to an export basis.
, wheat declining to an export basis
No. hard winter with low protein a
D quoted in that market at $1.22 Will
!, Sample Grade on account of moistur
q for $1.13 to $1.15. Export deman
! was not of large volume but sales q
. hard winter for first half of Angus
. shipment were reported at cent
- over the Chicago September price f.,
!, b. the gulf. Hard winter wheat fl
+ August shipment was quoted at LIZ
! erpool at the close of the week ;
y $1.43R, compared to $1.431s for N
Il 2 Canadian Manitoba; $1.46A for
q pound Argentine wheat and $1.54 fl
~ Australian wheat, all for July shi
n ment. India wheat afloat was quote
- at $1.47 in Liverpool.
y Soft winter wheat market w
10 weak and lower early in the week b
,c advanced later when reports of d
wheat became insufficient for cure
,o mill demand. Damp wheat which w
~ of uniform test weight was also
an ing taken readily by elevators. No
he red winter was quoted at St. Louis
10 S1.52. New wheat was being quot
IN nominally at Cincinnati at $1.44
he S1.45 for No. 2 red winter, or abe
10 cents under quotations on old or
ed grain. No new wheat had yet arr
e ed In that market. First cars of n
he wheat were received during the we
he at Chicago where No. 2 red was gu
rv ed nominally at $1.44 to $1.49. No
Il. soft white wheat was quoted at d,
of yer at $1.05 to SLOT.
Al CASH SPRING WHEAT: Pre-
in ums on spring wheat were strength
Nv ed somewhat by an active mill dems
IN for good quality grain. Twelve
;ns cent protein No ] Dark North
in was quoted July ~ at Minneapolis
II, III IL to Is cents over the Septem
~; ~ price of $1261s; 10 per cent '
leU bringing % to 90 cents over and
. per cent 81 to SO cents over the
90 TENDER. Good quality spring WI
90 was also selling readily at Winni
'ds where No. 1 Northern was quoted
70 $125 So, which would compare i
,lu- general way with quotations
avs $1281s to $1.44 1-8 for No. 1 d
ara4 hard Montana at Duluth.
III CASH DURUM WHEAT: Du,
A uf wheat was in light supply with
III H. mand fairly steady from mills anc
1 ,irf evators. Duluth July durum decl
an 27-8 cents to $1.16 1-8 with N,
,oo1 amber and mixed selling from
NV July price to 20 cents over.
PACIFIC COAST MARKETS:
cific coast markets were unset
ERIK with demand limited. Farmers
iris. the Pacific northwest were unwi
ERIK. to sell at prevailing quotations "
were on an export basis. Favor
weather has improved crop prosl
at durin0 the past two weeks in "