The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1929-04-26
REVIEW OF The GRAIN MARKET

lie per bushel higher prem;,s
a week ago, but low grades cont; tha
slow sale. 1870 protein No ''1I'lRHued
Northern was quoted April 10 - l Yak
neapolis at 1c TO Sc over tbo a. Mn.
price of $1.1512; 1870, Sc IA Ie Nag
and 14%o, 16c-24c over the MaH over
1 Dark Northern was uuotsd No.
nth at &c to &c over the Minn %s ~
May price, with materially 'IIa ;pSfa
premiums being paid for a for -ugnet
of especially desirable wheat Nv can
at Winnipeg declined about fho Frces
as at Minneapolis and No. / Me Mo same
Northern was quoted, April 10 'O0a
Winnipeg at $1.23 Is. This co ~, at
with $1.31 h-$1.39h for the hest aip a
ity Dark Northern spring at S M Sua'
apolis. 'u'lAe
RYE markets were independo,u
weak, future prices DECLINING ~g
than wheat. Notwithstandi1,, "Ote
light offerings, demand both Ms
exporters and domestic BUYERS Oa
quiet, although best grades we,o T Ia
ing readily taken by mills. Reefs ~
both at Minneapolis and Duluth TI pS
mostly of the lower grades and ~
goty. May rye declined 5 Use at MT
neapolis and closed April 10 at 81 10.
No. 2 rye was quoted at 1896 Ia
and Rose quality at 1880 per bnsS'
ell. Some export inquiry was renn,+
ed at Duluth were premiums were al
vanced slightly on deliverable graSss
No. 2 rye at Chicago was quoted ~
$3.50 per bushel with dali " recei,t,
averaging only about 2 cars.
OATS market turned weak alon,
with other feed grains, influenced j
so by solw demand for cash oats. No,
Oats declined 3-8c at MinneapoI;.
and No. 3 white oats were quoted \
that market at Al Ac-461ac per bushe
Receipts at Chicago increased toward
the close of the week and premium,
were slightly reduced, No. 8 white he.
ing quoted at 47c-49c per bushel. M
3 white oats were quoted at st. Loui,
at 4713c-49c, Kansas City 48c-49c, ani
Omaha 44c-45c per bushel.
BARLEY market was also slight,
lower altho a good demand for best
mailing types held prices of that Iual
ity fairly steady. May barley de
clined 112c at Minneapolis and close
April 18th at 62 5-8c. Best maltn.
types were quoted at 67c-68c and fee
grades at 56c-61c per bushel. Malt
ing barley was quoted at Chicago a
68c-74c, an advance of about &c 70
the week. Feed barley was quoted a
54c-60c per bushel. Mailing barrie
was in active demand at milwaukee
where Special No. 2 was quoted a
zoe to 75c and No. 8 Barley at 90
73c per bushel. About 20 per cent 0
the Barley seeding had been complete
at the close of the week in souther
Minnesota and South Dakota but les
seeding had been done in NOrther
Minnesota and practically none
North Dakota and Montana accorim
to trade reports. Indications ar
however, that there will be a cOnSit
cradle increase in barley acreage
weather is favorable for seeding.
FLAX markets continued dull all
prices declined around &c per bush
during the week. Limited dOmest
demand, together with continue
heavy offerings from Argentina wi
the principal weakening factor. See
> ing was delayed during the week |
cold and wet weather in the Amer
: can Northwest but an increased acr
age is reported generally by Il
trade throughout North and Sou
: Dakota and Montana. Cash offerinl
were very light and premiums a
vanced about 1c per bushel at MINI
apolis where No. 1 seed was quot
at lie under the May price of S2.41
{ to DC over. Argentine prices advan
ed slightly with seed for May shi
ment quoted at Buenos Aires
: S1.67 3-8, for June shipment
$1.68R. Argentine shipments for I
week totaled 2,378,000 bushels,
which 331, 900 bushels were report
defined to the United States al
about 1,110,000 bushels to the co
tinent. Over 100000 bushels we
ION orders"