The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-06-15

weak. No. Dark Northern IL per
cent protein was quoted at Minneapo-
lis at Seize over the July price which
closed on June 8 at $1.39%, decline
of 312c for the week. 10 per cent
protein was bringing 21c-25c over the
July, and Ia per cent 32c-4Oc over the |
July. Durum wheat was also weaker
but declines were less marked than |
for other classes of spring wheat. July
durum at Duluth closed June at
$1.30 Is, and No. Amber was quot
ed at 1c under to 25c over the July
price at both Duluth and Minneapolis
Rains in the Pacific Northwest i'm
proved the wheat crop in that terri
! tory but farmers are not contracting
at the lower prices and are awaiting
the outcome of the soft winter wheat
crop in the Central West. Soft white
and western wheat was quoted at
Portland at the close of the week at
SLAP per bushel; hard winter, North
ern spring, and western red at $1.32
per bushel and Big Bend blue stem at
SLAB per bushel. The demand for
wheat in California markets was slow
with mills not yet taking wheat in
quantity. No. / hard white was quot
ed at San Francisco at $2.25 per 100,
or $1.35 per bushel. Good quality feed
wheat sacked was quoted at Los An
geles at $3.50 per 100, or $1.S5 per
bushel
., although North American exports
have been principally of Canadian
) wheat. Relatively large stocks, how
= ever, are still in store in Canadian
!, markets with the outlook for the new
> crop favorable on increased acreage
= No. l Northern Manitobas declined
: about 2 &C and closed June8 at STAT
- No. Canadian ManitobaS for June
shipment was quoted in Liverpool a
i $151 compared with $1.63 for Aus
y tralian wheat. Native wheats in Eur
opean markets held practically un
u changed being quoted at Hamburg a
! $1.82, Paris $190A, Milan $2.131a
= and Copenhagen $1.53. American Am
= Der durum was quoted C. i. f. Geno
= at $1.51 per bushel.
10 RYE: The rye crop showed furthe
= deterioration during May and at tn
first of June the condition of the Gro
Ia was reported at 67.9 per cent of norm
~ al This is the lowest condition eve
n reported and would indicate yield {
10 1913 bushels per acre and total prC
10 duction of 36,676,000 bushels. This
yb the smallest production since 1912 ar
NV would be but little above domestic n
as quirements during recent year
q These poor prospects of the crop, t
. gether with the limited supplies avai
cd able in the markets held rye relative
,o1 steady in the face of the sharp d
< cline in wheat prices. Cash rye w
selling at 3c-4c over the July price
ON Minneapolis and No. rye was quot
,er in that market, June 8, at. $1.24s
IF $125%, an advance of about 1%c f
;tb the week. No. 2 rye was quoted
ia Chicago at $1.29.
ern CORN: The corn market weaken
ok with wheat but was influenced also
re- the generally favorable progress
the crop, as result of rains ov
eat large areas of the corn belt. PriC
inc declined sharply toward the close
en- the week although demand cOntinu
in fairly active and receipts have 7
md been large. No. yellow corn "
ter selling, June 8, at Chicago at S1.04
at $1.O5, Minneapolis $1.00-$101, a
ich Kansas City $1.03-$1.04.
inc OATS: The oats market continJ
emit firm, principally because of the Ii
the tied supply of good grain and the
is tive demand for all offerings. ?
yity miums for cash grain compared W
the future are unusually high, particula
for at Chicago where No. 2 white o
soft were selling at 16c-19c over the
ted price and No. 8 white at 111s-18c
Dta- err. The new crop has been max
ouis rather poor progress because of