The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-09-14
;;;1IiT MARKET news

/ M .r-et continued unset
=. wheat mae week ending Sept.
~ during the the. IN store in the prln-
large and a sIo" f sNp9iT were
o. .si Weakening by light marketings
1,~,ssrlst o Iaat and generally steady
s'[.ring wheat am markets. Corn ad-
; n foreign a ,,' demand pre-
Gs.oj win .o a. rapidly Diminishing mini Inars
! S-g t9r ID ~ crop grain. Oats were
I'M d ola :; I1 more limited quantl-
ga ag otfiiaIeo , ~ was firm. Lar
81 aid the nv, we with a slack eX-
u receipts Weakened the market Tor
b. dsnl-.1 Barley was also Ne9keI'
\, gram 40 LARGE supplies and IN
J 5as.ia5 . IrS Larger marketlngs
'.,,sd otteIm9 sIiabt declines in the
] 4 fax c I,us|ed With week ago.
nice: colap r little change in the gen
FIaa55 Wa va market situation during
/ I'd wheat T i5,1 harvesting of Canadl-
] IL week. sr wheat is progressing and
D :Prlng .rEetings for the week were
J guilty ielH5 he considerably larger
rPoEted . % AGO and to consist OF a
. esa yea n+a S9 of new crop grain
G.ca ~Ga-p earlier than last season.
:onlS| inmates at the first of Sep
agaie si ionpj the total Canadian
tnba I tr"r, 525 million to SIS mil
GoP tan I, but no official estimate
J b!st as "n barvcsts are also pro-
] ba JUROR although rain delayed opera
gfs'slnS the Voiga regions during the
g:& ,,ovement from the Balkan
ii5 mi !. increasing with yields re-
el ..j n,ostly good but quality below
PI'eo inf Italian import requirements
"'lase. at around GO million bush
4' p numerical agencies, which
d no about 20 million bushels De-
"ua .bS % average imports of the past
j sS ~, cars A preliminary estimate
i5' !I The Russian crop at 749, 564 600
! l a.ssI. which is practically the same
|'I l.st seasons harvest. Prices of
4 u" wbeats are holding generally
I .a5r in European markets, good
1nc quality wheat being quoted in
2 5,ri, At $1.59,an advance of about &c
= ia-l tbs week. Italian wheat was quo
~ i IN Genoa at STA and native
~ssat At Hamburg at $3.50. This was
Iecline of about 334c for the Ger
nan wheat during the week.
The larger stocks in North America
40 nearly offset by smaller supplies
4 tbp southern hemisphere. Canadi
q market stocks at the first of Sep
srber we're about 30,887 900 bushels
n about 100000 bushels more thai
year ago. United States stock'
rae about 100000 bushels large
About 20 million bushels less whea
was available in Argentina at tn
fist Of September than a year ag
and about 9 million bushels less whea
remained for export in Australia.
Domestic wheat prices were not ma
hriaIv changed during the weel
There was a fairly active demand fo
hgh protein wheat and protein prem
ms we're slightly increased. tn
MILLING demand for hard winter wheS
ws only of moderate volume as floU
aes were low. Twelve per cent prC
TEN NJ. 2 hard winter wheat We
quoted at the close of the week /;
Kansas City at &c to sc over the Sc
tmber price Of $1.O4. 1919 per Gel
protein was bringing SEC to SC Ov'
and 1871 9 to 10 cents over the Sc
tmber price. Export demand conti
Ued limited, exports for the seast
to date totaling only a little over
million bushels compared with abO
"a million bushels shipped out duril
the same period last season. At t
close Of the market September 7 e
pters were bidding S1181a for \
hard winter wheat delivered at TIE
as Gulf ports.
Soft winter wheat continued re
lively firmer than other classes b
prices were not advanced materia
curing the week. No. 2 soft red w
ter was quoted at Kansas City Sc
at Sl.99 to $40 and at St. Louis
3 Was to S148. At the latter mari
and at Cincinnati the receipts of S,
Wler wheat were not sufficient
supply the current mill demand fir
southern and Southeastern buyers. ]
lIed winter was quoted at Cincinn
a. a52 to $1.53 and at Toledo
a5O to S1.51.
spring wheat markets were firm
result of the light country mo
mSM' Daily arrivals at Minneap,
were only sufficient for current
%lements and premiums were
sanced to 4 cents. No. dark r
SSin spring 1870 protein was quo
u Iat market at SC to 13c over
StpemOer price of $1.O8%. 1870 I
"" .a3 was bringing IS to 25 cents O
t su l41e q to "a cents over the S
N %uGsf price. 10 per cent No. / d
y N at Duluth was quoted at
S6 zoe over the September price
n ~ Il Is, while IA per cent was bri
zoe to 34c over the Septem
~ ~ !. dark Ia northern spring was {
"a T at Omaha at $1.21.
s,1 5le durum wheat market also .
niSiy was steady. Very little 3
Ming lg quality durum was receive
~~ssa al and Duluth and nremi
s SsIe firm. u per cents protein inn \
Wot st and No. l mixed durum '
SS 1Sa at Minneapolis at S1O5
protoi ana 1870 at $113 to S1.15.
Dr%.ll No. l amber was quote,
p at S1.1O to $1.16.
as ' 5sns.S coast markets were fiji
ci Gienand became more active
@at iTs at Portland were from wi
was '1 ,o points. Some red W
\ 't u reported sold to Euron D e y
was Se 1--we week while some white "
and snip, mlpped to Minneapolis bv
'oNllc nO,4r 'N~' Jill PP'