The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1929-07-05

active buyers of hard winter wheat
at Omaha while elevators absorbed
the lower grades.
Soft winter wheat prices advanc-
ed relatively more than hard win
ter being up &c to &c for the week
at Kansas City, with No. soft
red quoted at $1.15-$1.18 per BUSH
Ell.
The unfavorable prospects for
spring wheat was reflected in a
firm cash market, although premi-
ums were not changed materially
and the advance amounted to just
the gain in futures. Mills were &C
tive buyers altho flour demand was
reported to have fallen off with the
advance in prices. 1870 protein No.
dark northern was quoted June
26 at Minneapolis at &c to SC over
the July price of $1.13 So, which
represented an advance of about
394c for the week. 1870 protein
was bringing lie to 15c over the
July and 149c 21c to 29c over. Du-
luth buyers were competing active
ly for offerings at diversion points
to meet the good milling and ele-
vator demand.
Pacific coast markets were also
firmer and future prices at both
Portland and Seattle advanced a.
bout 11ac per bushel. Big Bend
blue stem was quoted at Portland
on June % at $1.28, hard winter,
northern spring and western red
wheat at SLIP and hard white, soft
white and western white wheats
$1.16 per bushel. Quotations on
wheat were reported &c to SC above
export bids.
The new crop was making favor
able progress in most of Washing
ton and Oregon. Buyers were re-
ported to have contracted for some
new wheat at Pendleton at around
81 per bushel. Wheat threshing be-
came general in the lower valleys
of California but mills were await
ing more general movement to ac-
cumulate supplies.
Foreign wheats at Liverpool adj
vanced about &c per bushel during
the week. No. 3 Manitoba for July
shipment was quoted that market
at $1.33% and No. a Manitoba
$1.301a. 631a pound Rosafe afloat
quoted in London $1.211a. No.
mixed durum from North America
S1.12% and western Australian
wheat afloat $1.30% per bushel. No
quotations were available on U. S.
hard winter wheat but exporters
were bidding Sill to SLIP for No.
l hard winter delivered gulf ports
for shipment by July 10. No.
hard winter quoted f. o. b. New
York $1.25 So.
The rye market fluctuated most
ly with wheat but showed some in
dependent firmness as a result of
the rather unfavorable crop con-
ditions. There was a good demand
for the limited offerings of milling
rye and prices were advanced about
21ac. No. 2 rye sole at close of the
week at Minneapolis at 861ac to
"a 5-8c and at Chicago soc to 92c
per bushel.
CORN
The corn market held firm in
fluenced by the backwardness OF
the crop, particularly in the east
ern part of the belt where condi-
lions were apparently no better
than year ago. Prices at the vari-
Gus markets were practically I'M
changed. Marketings were of mod
crate volume and demand about
sufficient to absorb current offer
ings. Feeders and industries pro-
vided the principal outlet. No.
mixed corn quoted June % at Chi
cage 93c to 93A and No. yellow
931ac to 94c, 81 5-8c per bushel be-
ing bid for No. 8 mixed corn to ar
rive, shipment within ten days and
81 1-8c for No. yellow or white
on same terms. There was a good
inquiry for white corn at Kansas
City from southern and southeast
ern buyers while feed manufacture