The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1929-06-21

"
export. No. hard winter ordin-
airy protein, was quoted at S1.O1
per bushel June IA in that market.
The first car of new crop wheat
from southern Oklahoma was re-
ceived at Wichita during the week.
Harvesting in local territory was
expected to begin between June 81
and 25 Harvesting is we'll under
way in Texas and Oklahoma and
mills were bidding $1.151a Sligo /
for 1870 protein No. 1 hard winter
wheat. Exporters were bidding
$LO61a-$1.07 for No. 1 hard win
ter and $1.07-$1.08 for No. 1 soft
red mixed wheat, delivered the
gulf. No. 2 hard winter for June
shipment was quoted in Liverpool
at close of week at SLIT 7-8. Ar
gentine shippers were underselling
United States wheat, however, and
were quoting 631a pound Rosa Fe
afloat at S1151a. No. A Canadian
Manitoba quoted $1.23 and Aus
tralian wheat $126 per bushel.
Soft winter wheat markets were
rather cratic. At st. Louis re-
ceipts were not sufficient to supply
the small mill demand and prices
were advanced SC to &c per bush
ell. No. 2 soft red winter being
quoted in that market, June IA, at
$126 compared with S109-$1.1O
for No. 2 hard winter.
Cash premiums in the spring
wheat markets were practically I'M
changed. The tone of the mar
ket, however was generally firm
with demand sufficient to absorb
the limited current receipts. II
per cent protein No. 1 Dark North
ern was quoted June Ia at Mime
apolis at 1c to &c over the July
price of $1.05 SIS; Is per cent &c
to 13c over and IA per cent, 18c
to 26c over Duluth buyers were
competing with the Minneapolis
market for wheat at interior di-
version points and No. 1 Dark Nor
thern was quoted at Duluth at zoe
to &c over the Minneapolis July
price. The durum wheat market
was relatively firmer than spring
wheat at both Minneapolis and Du-
luth. Mills were active buyers at
the former market while a good
shipping demand prevailed at the
latter point. July durum closed
June IA at Minneapolis at SO 1-8c,
a slight advance over a week ago
and II per cent protein No. 1 Am
Der, or mixed, was quoted at the
July price to 25c over. 1870 No. 1
Amber durum was quoted at Duluth
at 7c-20c over the July price of
CSC in that market.
Pacific coast markets continued
dull. The demand was principally
from mills as exporters were not
able to compete with other offer
ings in European markets. Con-
siderable old crop wheat is still be-
ing held on farms, according to
trade reports. White wheats were
: quoted at Portland June IA at
$105-$1.O7. Threshing of wheat
. was just beginning in Central Cali
! fornia and had not yet become gen.
. eral. No. hard white wheat was
quoted at San Francisco $1.85 pei
| 100, or Sill per bushel, and No
! 1 soft western white at $1.80 pei
100, or $1.08 per bushel.
7, RYE market fluctuated largely
! with wheat but had some independ-
+ ent strength as the result of re.
: ports of unfavorable crop develop
{ ments. The condition of the croI
: June 1 however was 1876 per CEN
= of normal compared with the low
/, condition of 67.9 a year ago. Thu
: June condition, however, indicates
d a slightly smaller crop than was il
!. prospect at the first of May ant
: only 100000 bushels larger thai
: last season. The crop is heading
S out short in many areas in tn
north central States. Current of
ferings are small and consist prin
e cipally of rye suitable for milling
h purposes. No. 2 rye was quote
: at Minneapolis June IA at 12c t
o lac over the July price of 8O1aC
n and at Chicago at &c to &c over tn
IS July price of 83%c.
p CORN: The backwardness of tn
e corn crop together with continue
Y light offerings and rapidly dc
1t creasing supplies, strengthened tn
,e market for that grain and price
lie at most markets advanced 1c to z
g during the week. Offerings I
4 arrive have increased somewh;
N with the advance in prices. d.
at mands at most markets was pril
90 cipally from feeders and industri'
ID with shipments exceeding receipt
r. Market stocks have now been +
re duced to around 100000 bushel
At the close of the market Jun
It's IA No. 3 yellow corn was quot'
he at Chicago at 93c-931sc, MINI
al apolis 94hc-951ac, and at Kans
at City at 891a-901ac.
at OATS market held steady wi
n prices practically unchanged. I
vi condition of the current offerin
re of oats were not large but we
~ dDOuI 6Qudl W IIduC 1CNuAA ~AANAA
gh No. 8 white oats were selling
of close of market June 18th at MI
ret neapolis at Al 7-8c-43 3-8c.
tut BARLEY market weakened sol
s. to a certain extent under ratf
lat slow demand. The condition of !
his new crop is generally favorah
ms being reported at 1877 per cent
nat normal at the first of June,
ew about one point higher than a "
No. ago. A better inquiry was repo
ent ed with the higher corn prices tel
ity ing to increase foreign interest
uly feed barley. Demand at Min
&c apolis, particularly for best malt,
to types, was steady with buyers
red Duluth competing for interior sh
ov- ments.
ntS FLAX markets were more unS