The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-06-08

AON "4LOoC SOlu, WAY 81, at
Los Angeles at $3.50 per 100, or ST .38
per bushel: No. z hard winter was
quoted at Denver at $1.32-$1.S5.
European markets held fairly steady
Tor native wheats but quotations on
imported wheats at Liverpool were
lowered materially. July wheat at
Liverpool declined about sc to 81 56
June l. No. 3 Manitoba for June
shipment quoted at $153A, 60 mound
Barossa from Argentina at SLID,
wheat from India at $1.621a, and from
Australia at S1.64 per bushel. Amber
durum was quoted c. i. f. Genoa at |
9l.5l and for June shipment at S1.52
RYE: The rye market was weaker
with wheat but poor prospects for the
coming crop and the small amounts
yet available for market we've
strengthening facors. A crop about
100000 to 100000 bushels below
last years harvest was indicated hv |
private estimates at the first of lime |
This would be only little above do
nestle Requirements. No. 2 rye was
quoted at the close of the week at
Minneapolis at $1.23-$1.24 and at Chi |
cago at SIPS per bushel.
CORN: With the new corn cron
making generally favorable progress q
slightly easier tone DEVELOPED in the
future market but receipts at most
markets fell off sharply while demand
from industries and feeders continued
active. All offerings were readily
taken and market stocks further re.
duced. No. yellow corn was Quoted
June l, at Chicago at S1.C2-S1.O41b
and NO. mixed at $102-$1.O21a. No.
s yellow was quoted at Kansas Citv at
9912c-S1.OO12 and No. 3 mixed at
9512c-9612c. No. yellow was selling
at Omaha at CSC; No. 2 yellow at st
Louis $1O5-$1.O6, and Cincinnati
$lO91 p S11012.
OATS: The oats market declined
sharply, influenced largely by favor
aole prospects for the new crop, which
according to private estimates prom
lses to be from 160,0OO,OOO to no.
OOO,OO0 bushels larger than last sea-
son. Remaining supplies of old crop
oats are light, however, and current
receipts were we'll taken. Heavy
weight oats were particularly in de-
mand. The harvesting of the new
crop was reported under way in Texas
but market stocks total only about
100000 bushels and at the rate of
the decrease that has prevailed during
the last weeks will be practically ex-
hausted by the time new crop oats
are available in the north central
states. No. 3 white oats was selling.
June l, at Chicago at 62c-641ac: Min
neapOlis, 6Oc-61 7-8c; and Kansas CITY
6612c-671ac. No. red oats were
quoted at Forht Worth, delivered to
, Texas common points, 75c-77c. No. 8
white oats were quoted at Denver at
69c-72c per bushel.
= BARLEY: The barley market was
/ also weaker both in the Central West
ern markets and on the Pacific coast.
4 The harvesting of the new crop is pro-
: crossing in California but threshing
: was making slow progress and trade
: reports indicate a lower quality in
: some areas than was expected earlier
: IN the season. The bulk of the re-
e ceipts in the Central Western mar
}. kets was of rather low quality, for
e which the demand was slow. Best
t mailing grades were wanted and were
Y quoted at Minneapolis at 92c-94c, and
e Chicago 96c-S1.02 per bushel. Coco
Is HIdlC1IlS OdIISy was quoted at OQluIf
e at 87c-91c, and Special No. 2 at Mil
) waukee 97o-$1.05. No. 2 barley fol
r export was quoted f. O. b. New YorI
at S1.05 per bushel with export de-
} mand reported active at the close O.
i the week.
i. FLAX: Local showers which bro
n about more favorable soil condition
b had weakening influence on the fla,
z market during the week and price
ID declined about SC. Seeding which ha
c. been retarded recently by dry weathe
,e was FASTENED and trade reports indi
D. cate that the early sown grain wa
n. showing up satisfactorily. Late
in SOwn flax, however, was slow in gel
9, minating with weeds making their az
L. pearance ahead of the flax, accordin
rs to these reports. Receipts of fla
so ere larger than usual at Minneapoli
r but were generally we'll taken at til
of lower quotations. No. seed was sci
ed ing at from &c under to, &c over tn
at July price, which closed June 1 {
do S2.341a. Offerings of good qualit
flax were scarce at Duluth and tt
&c bulk of the receipts went to elevator
of Prices in Buenos Aires also decline
ut Seed for June shipment was quote
gh at the close of the week at $1.71
re and for July shipment at $1.73 l.
l Shipments of seed during the WEE
-4c were reported at 1880 bushels
me which 405,000 bushels were destln