The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1928-01-04

uCIS ID ~ CCHIS Oil viz NVAAeA As
terms Of thing sthat the farmers
buy.
Wheat
The price of wheat reached low
point Oct. rs and has rather steadily
advanced to the middle Of December,
fluctuating somewhat. Durum wheat
has consistently been lower than No.
I Dark Northern since about the
middle of July but there was only
about q two cent spread Nov. 8.
During the past two or three weeks
the spread has averaged six to nine
cents with u widening tendency in
the spread since the first of Novem-
Der. The average far mprice of
wheat in North Dakota Nov. 10 was
$1.O3 and has advanced about three
cents since. There has been a ten
dency for durum, on the other hand,
to decline.
With Argentine prospects for the
coming crop approximately normal
ana 81 per cent increase in acre.
age and with business activity in the
United States tending slightly down.
ward there seems little prospect of
any large advance immediately in
the price of flax. The price of flax
continues low, the average North
Dakota price on Nov. Is being $l.83
per bushel, which has held practically
constant or advanced slightly. Since
1921 the estimated world acreage of
flax has increased from slightly less
than IL million acres to about -
million acres in 1925. 1t seems likely
that flax, from world basis, is
becoming more nearly on surplus
basis if demand and price may be
used as measure.
Feed Grains
The average farm price of oats in
North Dakota Nov. Is was 80 cents
and there has been rising tendency
in this price level since that time,
AS long as there is q continued de.
creasing demand for oats as-a fceG
because of the constantly decreasing
number Of horses, if for no other
reason, the outlook for oats does
not seem favorable. The average
price Of barley in North Dakota al
So cents in November has seen q
considerable advance thru November
and to the middle Of December. For
eign demand seems to be very
STRENGTHENING factor in connection
with the price Of this product. The
entire exports of barley for ths
United States from July to Nov
&c were over "a million bushels com.
pared to million bushels for the
same period last year.
Potatoes
The United States potato crop
placed at approximately 400 million
bushels this year is AZ million bush.
els greater than in 1926 which is Q
IL per cent increase. The average
farm price of potatoes was SO cents
Nov. Is and has since advanced II
to 20 cents. In the northwestern
states, prices advanced from $1.05 tt
$1.13 during the fall, while in the
western states they dropped from
around $1.04 to &C cents and ever
lower in some sections.
Beef Cattle
Cattle supplies during the next
six months are expected to continue
below last year and continued
strong market is indicated. Receipts
of cattle Of seven leading market!
| in November were IA per cent les!
than in November, 1926, z per cen
below the November average for thu
past five years and the third small
est for November in over 10 years
Cattle prices advanced to new higl
peak toward the end Of November
Practically all grades and classe
shared in the advance. The top bee
steers at Chicago reached SIG, an,
the average price Of native bee
stock for the month was nearly s.
per cent higher than for November
1926. The average price Of bee
cattle in North Dakota Nov. Is wa
$50 per cwt. for all grades, an
this price has advanced to slight
over 500 at the present time.
/ Hogs
| Indications point to more rorms
distribution Of pork supplies thi
year than last consequently to
more usual price movement durin
the next five months with possibly
spring advance more marked tina
the average. Available informatio
as to the size Of the spring crop {
1926 compared with that Of 1872
Together with the small death Loose
fro mcholera this year indicates q
increase Of around 5 per cent in ii
market supply Of hogs during ii
next six months. The damand *
pork and pork products both dome,
tic and foreign has materially d
Icreased and there Is nothing to Il
dictate any recovery from the presel
situation. Foreign demand, whit
in midsummer had recovered SOM
what from the 10 wspring lev
weakened again during the fall.
Item European countries hogs increa
led upwards Of five million head
one year. .
Farm prices Nov. Is showed
drop Of $l.l6 from month earle
On Dec. l there were 65,64O, OK
pounds Of frozen pork in cold sto
age in the United States rs compa
ed with S6,241, 900 pounds . ye,
ago and = 6-year average Of q
l03y0 pounds.
Lambs
While supplies Of fed lambs du
iisg December and January will pro
ably be below last year, to.al Sc
sonal SUPPLIES Tor ak months ID
lcember to Msy-will exceed last ~