The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-11-23


cent No. or better compared with
about SO Is per cent for the same
period last season when inspections
totaled only 93,273,000 bushels. There
has, therefore, been greater volume
of high quality grain marketed In
Canada during the first three months
than last season. The lower grades
are being taken for feed and also for
milling purposes as the protein con- |
tent has been officially reported to |
be higher than usual for these classes
of wheat. No. 6 Manitoba was quot
ed in Liverpool, November 16, at
S1.0S per bushel for November ship |
ment compared with $1.33% for No. |
Manitoba.
The latest official estimate places
the Australian wheat crop at 154,-
100000 bushels or about 39,OOO,OOO
bushels above last seasons revised
estimate. New Australian wheat is
being marketed and this wheat now
being loaded in southern Australian
ports was quoted in Liverpool at
S1.45A per bushel. Storms in north
ern Argentina were delaying harvest
ing of new crop wheat in this cOun-
try but shipments of old crop grain
are still fairly heavy and these are
competing with other wheats in Eur
opean markets. At the close of the
week Argentine Rosafe 6219 pound
wheat for shipment by November 26
was uoted in Liverpool at $1.32A per
bushel. Wheat for December ship
ment was quoted at the same figure.
WHEAT: The situation in the do
mestic wheat markets was not ma
terially changed. Mills were the
principal buyers as export bids were
generally below current quotations
and very little grain was being taken
by exporters. Premiums for good
milling grades of spring wheat were
about unchanged but bids for wheat
"to arrive" were lower at Minneapo-
/ lis. The approach of the close of
; navigation is restricting the demand
for wheat for later shipments to Du-
luth and other Northwestern markets.
1870 protein No. / Dark Northern
was quoted at Minneapolis, November
16, at 1c-3c over the December price
of Sill SIS. 1870 protein was bring
ing 10c-15c over and 14e6 1Sc-24c ov-
er December.
The Winnipeg market was firmer
than the domestic markets and prices
advanced 1c, influenced by the
strength in the future markets and
the reduced estimate of the crop. No.
l Manitoba Northern was quoted at
Winnipeg, November 16, at S1.23 rs.
Durum premiums held steady al
though the low protein, smutty, and
j 1,rr - col
slowly and at wide discounts under
the good milling types. No. Amber
or mixed of good color testing Is pei
cent protein was quoted at Minnea-
poles at 13c-25c over the Duluth No
vember price of 9915c and at Duluth
at 10c-16c over the November price
Hard winter wheat prices were
generally unchanged but premiums
were rather irregular because Of the
rather poor quality of a large per.
centage of the offerings. II per cent
protein No. hard winter was quot
ed at the close of the week at Kan
sas City at 2c-6c over the December
price of $1.10 1-8; 1919 per cent pro
tein, 4c-9c over and 13 per cent pro
tein, 6c-12c over. No. 1 hard winter
with IL per cent protein was quotes
at Omaha at SLIP per bushel. Expor
demand was very dull although som
of the lower grades were being work
ed for export via the gulf. Expor
demand was very dull although som
of the lower grades were being work
ed for export via the gulf. Expor
bids at the close of the week wer
around S1.23 basis No. l hard white
i Il
Texas were bidding about $1.29 TO
IS per cent protein No. 1 hard win
ter delivered Texas common point
and S1.36 for IA per cent protein.
Soft winter wheat held steady wit
demand sufficient to readily absor
current offerings. Prices were a0
vanced about sc per bushel at s.
Louis where No. 2 soft red wlnte
was quoted, November 16, at S1.4a
S1.52, depending upon quality. Thes
high prices are increasing the deman
for low protein hard winter whea
for planting purposes. Receipts c
soft winter at Cincinnati were yer
light. Mills were complaining OF tn
poor quality of the soft winter IN tia
territory. The lower grades, howe'
er, were being readily taken Tor lee
purposes. No 2 soft red winter Wa
quoted in that market at Sl.4O-Sl q
and No. at S1.31-S1.36 per bushe
No. 2 red winter was quoted at Il
ledo at $1.43A -S1.44ls.
Pacific coast markets continue
dull under a slow demand and hgl
offerings. 30. hard white vines
was quoted at San Francisco Noven
Der Is at S.21O per 100, or Sl26 p'
bushel; No ! soft white at $40 p
100, or S1.24 per bushel. No. hal
winter wheat in bulk declined TO
per 100, or S1-20 per bushel at Il
Angeles.
RYE: The rye market was md
pendently firm as a result OF hg
offerings and a fairly active demal
for good milling quality. type; Stoc
IN the market, however, have peen
creasing steadily since the Ilrst
September and now total slightly 4"