The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-11-16
Market Generally Steady
Nbe2SI Firm-UnfavOrable wealth
1oIaying Movement.

Nbeat M FaifTnmrLUnfavorable wealth
-. Delaying Movement
-+io wheatmarkets held gen.
nle9tesdv during the week end
erslE ,iso,-ornber 10 with premiums
bg NV fiTm but good milling quality
boLdlnns classes of wheat according to
Of al LII. o Grain Market Review of
The w. States Bureau of Agricul-
the IIoioyed the movement of new
pre u nd the light offerings caused a
con- an ,arket situation with prices
finn .r La' on advance Of lie to 2cfor the
shoS show Oats were firm with corn but
week, harley were weak as a result
re Sn continued limited demand for
these was no material change in
lhelr wheat market situation.
the seoyament of Canadian grain
Inc ~ some reduction for the first
sho"' uince marketing of new wheat
TINE hut it was still heavy and
DegGn showed a further large in
s!ocAo harvesting of the new crop
creaiSe oc,,n in Australia and Argen-
pas U Undpr generally favorable condi-
tllS ond new crop Argentina wheat
nO lo;ng offered more freely in Euro
mean markets.
wHEAT-Cash wheat markets held
w with good milling wheat in
aIsu3 demand. Receipts of spring
'sia aot are decreasing but arrivals at
S SGsSo~~sanoIis were still larger than a
lar 900. IL per cent protein No. 1
va Northearn was quoted in that
p a, at 1c-3c over the December
I ..e If S1.1O So; IL per cent, 10c-15c
p ror. and IA per cent, 18c-24c over
w. december. There was practically
W change in the durum market stu
lgon hut mills continued active buy
s =. If highly colored Amber durum
e, which premiums held firm. No.
Amber or No. 1 mixed showing
t;.b color. testing IL percent protein,
w To quoted at Minneapolis at 8c-18c
' "~ the Duluth November price of
Soc 10 per cent protein was bring
mo 1Sc-25c over and IA per cent Csc
lOc over.
The Winnipeg market also was
,tsadv. No. / Manitoba Northern be-
mo quoted November 9 at $1.22%, OF
s5out lc higher than a week ago.
Demand for hard winter wheat was
fsirly good with offerings of good
Milling quality of only moderate vol
me. Some of the lower grades were
5eing taken for export but mills were
the principal buyers. No 2 hard win.
ter IL per cent protein was quoted al
Kansas City at the December price Of
gO9 1-8 to &c over; 1914 per CEN
Orotien ives bringing 1c-5c over anC
iS per cent protein 6c-9c over. No
hard winter liz per cent protier
was quoted at Omaha at SLIP and No
2 hard winter at st. Louis at $1.18
sl19k per bushel.
Premiums for soft winter whea
we're irregular. Offerings were yer!
limited at practically all markets. A
Kansas City soft winter wheat wa
quoted at 1c-2c lower than a week ag'
The st. Louis market was firm wit
No. 2 Red winter quoted at $1.41-$1.
Is. Prices at Cincinnati advance,
about &c, No. 2 red winter selling a
the close of the week at $1.38$1. 4C
No. 2 red winter was quoted at To
ledO at $1.42h-$1.431a.
Pacific coast markets were slight
more active, particularly at Portlan
where there was better demand fror
Europe. Soft and western whit
wheats were quoted at Portland 3
SLIT per bushel. The volume of traC
ing, however, was small with holder
not selling freely, influenced some
what by unfavorable condition of tn
winter wheat which has suffered frol
dry weather. The first heavy rain
Of the season were received in ths
area at the close of the week. Tt
San Francisco market was weak wit
trading very light. No. hard whit
wheat was quoted in that market {
sl.26 and No. soft white at $1.23 pr
bushel. At Los Angeles No. 2 han
winter was quoted at $2.02h pr
lOO, or S121h per bushel in bulk.
RYE-The rye market continue
dull with export demand limited al
offerings fully equal to domestic r
qulrements. No. rye for expo
was quoted fob. New York at ST..
70 per bushel. No. 2 rye was Sc
ing at the close of the week at Mi
neapOlis at 95c-$1.02 per bushel.
CORN-The corn market develops
firmer tone with demand active f
me limited offerings. Stocks of CO
IN the markets are practically e
nauSted and unfavorable weather du
ing the week delayed the moveme
Of new crop grain. The supply
corn this season is only about 43 ,00'
WO bushels larger than last seasC
according to the November es
mate, the crop will total about 2 SO