The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-11-30
REVIEW OF The GRAIN MARKET

lack of export demand. A few nor
Iels We're reported sold for expor+
~ pu' me volume was small. ACCORDING
~ VIaue estimates around 6O% of '
ne lI!i, wheat In the Pacific northwest i 4
SIN IN , farmers hands compared with '
"a. oOTo year ago. Montana
w " was moving slowly to mills for {
uomestlc trade. There was some in
crease IN movement of wheat nv wa
yer from Portland to Atlantic SEQ
BOARD points but rail shipments of
SOFT red wheat to the central waSt
nave practically stopped Soft white
Wheat was quoted at Portland Nov
", at S1.19. No. hard white what
was quoted at San Francisco at SO 10
per 100 or $1.26 per busheI and No
SOFT western white at $2.O71s per. 100
or Sl.241a per bushel No. . borJ
winter in bulk was quoted at Los An
geles at 81 per 100 or S1.2O per bnsh.
Ell. California markets were steady !
put offerings were light and demand |
rather \slow. i-''-'"
The rye market appeared somewhat
1lrmer than wheat but in general fol- !
{ lowed the trend of the wheat mar
ket during the week. Export demand
Tor rye continued of small volume
and current offerings were readily ia
ken, particularly at MINNEAPOLIS nv
domestic buyers. No. 2 rye was QUO
ted in that market at 1c under to &C.
over the December price of S1.OO.
Kosen rye was quoted at SC to 1Oc
over the December No. 2 rye and was
selling at the close of the week at
Chicago at $1.09 while No. 2 rye for
export was quoted fob New York
at $1.15 1-8.
CORN !
While corn for December delivery
, sold at the highest prices since June
early in the week at Chicago, there
was some reaction toward the close
! of the week and discounts on cash
grain widened slightly in that mar
ket. More favorable weather in the
: corn belt increased offerings materi-
\ ally toward the close of the week, but
= demand has been sufficient to absorb
: current offerings. No. 8 mixed corn
: was quoted at the close of the week
at Chicago at, 841ac, No. A at SO to
83Ac and No. yellow at 821ac to
4 S41ac. Bids for corn for December
i. shipment were around 81 1ac for No.
mixed; &c for No. white or yellow;
and 791ac for No yellow.
! Industries and feeders continued tC
y be the principal buyers at most mar.
y kets but exporters were also taking
- some corn with export bids around
:. - TIC to SC over the Chicago Decembel
- price of 851ac for No. 2 corn fob
- tratk at the Gulf ports, shipmen
- =. fits! half of December. No. whit,
Q corn was quoted at Kansas City d
% 811ac to 83c, No. yellow at &c t
ie yellow at st. Louis at soc and No.
a white at 83c per buShei. No. whit
~ and No. yellow We're quoted at Gin
!, cinnati at SEC to SIC and No. A mix
~ ~ ed at SAC to 85c. Ear corn was bein
a QUOTED in that marked at SOC to So
~ per bushel. No. yellow at Oman
vi was selling at TIC to 78c and No.
i. mixed at 66c per bushel.
Fl OATS
IT, The oats market helo steady wit
u the market relatively active. Offei
re ing wer small and demand active b.
~ not ura ent. No. white was quote
~ at Chicago at 46c to E71sc, an az
IL vance Of about &c for the week, No.
II white at Minneapolis at Al 5-8c
"A 43 1-Sc and No. white at Kanss
City at 441ac to Acc Per bushel.
IS BARLEY
re The barley market was firm, infl'
81, enced by the strength in other fee
T. grains and also by an improved d
~, mand for feeding grains. The his
- price of mill feeds is causing increa
~ - ed use of oats and barley in the nor
To- central states, according to trade +
- ports and these grains are bel
,+b ground together in large QUANTITY
1e- for feed purposes. Good mailing typ
~ continued in active demand, be
o~e mailing grades being quoted at t
- close of the week at Minneapolis
III III 66c to CSC and at Chicago at CSC
s Sm 73c per bushel. Feeding grades we
ere eli quoted at Minneapolis at sic to :
and at Chicago at sac to Coo I
oo bushel Special No. 2 barley was
az good demand at Milwaukee but pr
~ es held practically unchanged at
'l IL to 75c, No. 8 was quoted at 65c
rcd zoe per bushel.
ERE FLAA
J. The flax market was steady w
With crushing demand active in the dom
MIC tic markets. The local cash dems
mo. was also supplemented by bids
De flax for lake shipment to east
tein markets before the close of navl
, r. ton. Receipts were smaller indie
20c ING some slowing up in the mo
ment and reduced supplies in prod
ra- ing areas. Spot seed was quoted
IF a Minneapolis at the December pl