The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1929-08-23
Wheat Higher; Corn and Oats
Advanced; Barley Is Lower

the lower grades were in slow
request. Shipments from Kansas
City exceeded receipts but stocks
IN store increased as a result al
deliveries from the large numbe,
OF cars on tracks following the
recent heavy movement. Receipts
at Omaha were decreasing bui
were still relatively heavy and
shipments out were moderately
large nformer sales. Demands
from all sources at that market
appeared good. The light offerings
met good inquiry at st. Louis
Elevator and mill storage was linn.
TIED IN that market but barge load
ngs and the lighter receipts tend.
ed to prevent any material conges-
ton. The differential between cash
and future prices were narrowed
and Ii per cent protein No. 2 hard
winter was quoted August Is al
Kansas City at $1.29-S1. SO compar.
ed with $1.25-$1.27 per bushei q
week ago. No. 2 hard winter was
quoted at st. Louis at S1.33h.
S1.34 per bushel. Mills were bid
ding $1.34-$1.35 per bushel for
ordinary hard milling wheat de.
llvered Texas common points. No
2 hard winter was quoted at Liv.
erpool at the close of the week al
SLAP 3-4 as compared with sales
at London at the same date of Sc
pound Rosafe, September delivery
at SLAB per bushel.
The soft winter wheat market
also developed firmer tone with
light receipts in good demand. In
qulry from mills in and around ST.
Louis was active for the better
grades but the supply was light
Southeastern mills were reported
buying cheaper wheat from Ohio
River points. Demand for wheat
for storage was excellent at Gin
cinnati but the increased premi.
ums tended to curb temporarily
export and mill inquiry. No.
red winter was quoted at St
Louis at $1.37-$1.38, at Cincinnati
$1.35-$1.36, or about 2c-4c over
No. 2 hard winter. Sales of No.
red winter were light at Kansas
City and were reported at $1.3l
per bushel.
The cash spring wheat market
was firm to strong with only mod
crate pressure from offerings. Pro
tein content of all wheat at Min
neapolis is reported somewhat be-
low general expectations. The av
erage protein content of over A,
600 cars was 1914 per cent will
1880 per cent the maximum pc
cent and 9 per cent protein tn,
lowest. Later spring wheat re
ceipts, however, are expected {,
average higher, according to trad
reports. Future prices showed
net gain of around SC at Mime
apolis and protein premiums ad
vanced &c during the week. No.
Dark Northern 1870 protein wa
quoted on August 16 at the Sep
TENDER price of $1.41 SIS to &c un
der; 13 per cent, 2c-4c over; an,
149o, 4c-6c over. The WinnipeI
market was firm with prices grad
ually advancing throughout tn
week. The Winnipeg Octobe
closed August 16 at $1.64 an ad
vance of 9 7-8c for the week. NJ
1 Manitoba Northern closed O
that date at $1.64, a gain of 8 7-8,
The generally comparable 1870 NJ
1 Dark Northern closed at Mime
apolis at $1.45 5-8-$1.47 So, a
advance for the week of 7c pc
bushel.
The durum wheat market Wa
even stronger than other sprin
wheats, with good milling quail
ties in active demand. Inquiry fl
mixed durum improved somewh;
but the lower grades were slo
sale. 1870 protein new crop An
Der durum was quoted at the clos
: of the week at 8c-14c over the d.
luth September price of $1.301
Offerings of new crop durum WEI
in moderate request at Duluth al
:, 1870 protein No. l Amber WI
quoted at 5c-10c over the Duluf
September price.
:. Pacific coast markets we
slightly easier during the ear
part of the week but srtong
tone developed towards the clio
e in sympathy with eastern ma
r kets. Harvesting of new wheat
J, practically completed in Califon
: with the quality of the grain ge
3 orally good. In the moer northe
areas of Washington and Greg,
t harvesting and threshing we
progressing rapidly altho some Ia
e spring grain was suffering fro
r drought. Offerings of grain
these areas were somewhat mo
o liberal with the recent high pric
and export demand, principally
t, European orders, was furnishi
the best outlet with local mill {
mand dull. Growers in Califor1
k. were reported inclined to hi