The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

ed in the central western markets
from Texas but mills were generally |
awaiting a larger movement of new
crop grain. No. 2 red winter from
Texas was quoted at St. Louis, June
20, at $1.67. Old No. . red winter
was quoted at Cincinnati at S1.73 to
$1.74; Chicago, nominally, S1.67 and
Toledo $1.74 to $1.75.
Spring wheat markets were also
weak but premiums on medium pro-
TEN types were advanced slightly at
Minneapolis where there was an i'm
proved demand from mills. II per
cent protein No. / dark northern was
quoted in that market, June 20, at IA
! to Is cents over the July price of
S1.35A; 13 per cent protein brought
q to SO cents over and IA per cent
SO to 45 cents over The weakness
in the Winnipeg market which declin-
ed about 3 cents during the week was
a weakening influence in the domes-
tic markets. The durum market was
dull and lower; Duluth July future
prices declined "a cents for the week
closing June 20 at $1.22A. No. 1 am
Der was quoted at Minneapolis at
81 p to STAT and at Duluth at S1.22
to S144
The market at Portland was quiet
with very little new crop wheat Ee-
ing offered and exporters inactive.
New crop soft and western white
wheats were quoted at S1.37 for Au-
gust shipment and $1.35 for Septem-
Der. These prices are above an ex-
port basis but holders are apparently
awaiting more definite information
about the outturn of soft winter in
the central west According to trade
reports about 100000 bushels of
: wheat moved from the Pacific north
west to st. Louis and scattered points
t in the central western states during
the past season. Shipping costs are
about 40 cents per bushel from in
terror northwestern points to the cen
tral western markets.
California wheat markets were firm
with mills active buyers ut San Fran
). cisco where high protein No. l hare
> white was quoted at 1925 per 100
or S1.S5 per bushel, 1925 per 100 was
e being bid at Los Angeles for No.
hard white wheat, sacked, with / PEI
! cent dockage. Holders were asking
n S2.35 per 100 or S1.41 per bushel.
: CORN: Corn prices advanced botf
= in the future and cash markets. The
: crop was reported to be making gen
? orally favorable progress but sun
d areas and in some sections the crol
was becoming weedy and in need o
\ cultivation. The rapidly decreasing
= supply of old crop grain, however
. was apparently the principa
q strengthening factor and cash price
advanced steadily during the weel
with current demand generally in ex
cess of market receipts. Stocks il
store in the principal markets hav
y been reduced to around 100000
bushels compared with about $4,000,
i 600 bushels in store a year age
q Country offerings have been yer
& limited recently while demand remain
& active from feeders, industries an
9 shippers. No. 8 yellow corn was quot
ed at Chicago, June 20, at $1.O6
Kansas City S1.O1 to $1.O3 and Cir
cinnati $1.09h to $1.101a. No. 2 ye
low was quoted at Omaha at $1.011
and at st. Louis at $1081a to $40!
: OATS: The oats market continue
= independently firm but was strength
. ened by the advance in the corn mai
ket. Harvesting of the new crop
= being delayed by rains so that thel
! is considerable uncertainty as to til
J amount of new crop grain that wi
be available for filling July col
tracts. Good quality old crop graf
: continued to bring unusually hie
] premiums over future prices. r
/ ceipts are small and stocks have bee
reduced to an unusually small amour
! No. white oats was quoted at II
/ close of the week at Chicago at 81
: 70 cents; Minneapolis 62 1-8 to &C.
cents and at Kansas City at 70 to
4 cents per bushel
Rye: The rye market was wes
with wheat and also as a result of
slow demand both from domestic bu
ers and exporters. The condition
the European crop is poor but expo
demand recently has been of SIN;
volume. The winter rye area renal
ing for harvest in Poland is estimat
at II, 152,000 acres, a reduction of ;
most 100000 from the area SOW
and Of about $4,000 acres from t
acreage harvested last season. T
condition of the crop at the first
June indicated a yield of from IL
2 L. ONoAC1S pei dCIC dSc QIIllllS isl
conditions for the remainder of t
4 season. Such yield would produ
a crop of 1913 to 1876 million BUSH
or 90 to 100 million bushels bel
last years harvest. No rye "
quoted at Minneapolis, June 20,
S115A to $1.17A and at Chicago
$129 to S1.30. No. rye for exp
! was quoted at $1.72 fob. New Yo
BARLEY: Receipts of barley
the principal central western mark
were light and prices generally \
firm under good demand, particula
for good mailing types. Barley
% = July delivery advanced A cents dur
the week at Minneapolis and G.
grain was 8 cents higher, best mi
ing barlev being quoted at CSC to
! - per bushel and feeding grades at sc
81 cents. Good mailing barley '
4 quoted at Chicago at 81 to $1.O8
feed barley at 96c to ST.. Special
2 barley was quoted at $104 to S.
at Milwaukee and No. 8 at ~ to ST
No. 2 barley for export was QUO
q y fob. New York at S1.O4 cents
D bushel.
FLAX: Favorable growing weat
for the new flax crop, together '
fairly large receipts weakened
4 flax market and prices of July
M # doo1;pod S1L no, b,,.Lo1 - NE.