The people's voice. [volume] (Helena, Mont.) 1939-1969, 1942-02-13
Market Sales

CONTINUED from Page One)
mills, stocks of wheat In all positions,
January 1, were 987 ,6O7, 900 bushels,
or 26S, 900 bushels more than a
year earlier. Disappearance Of wheat
during the Ocotber-December quarter
was 164,500,000 bushels this season
compared with 151,150,000 bushels
during the corresponding quarter last
year.
The secretary of agriculture has set
May 2, 1912, as the date for the refer
endum on wheat marketing quotas
The supply of wheat in 1942-43 is esti-
mated to be laps, 100000 bushels on
the basis Of July l. 1912, carryoyer
of 635, 100000 bushels and a 1912 crop
of 1893 100000 bushels, which includes
preliminary estimate of 631, 100000
bushels of winter wheat and an aver
age production of 162,000,000 bushels
of spring wheat. This is the greatest
supply on record and nearly 100000
900 bushels more than a year ago.
The quota program remains essen
TALLY the same as that in operation
in 1941. Quotas do not apply to
farms on which the acreage planted
to wheat for harvest is not more than
| Is acres nor to farms on which the
normal production of the acreage
planted to is less than 200 bushels.
Farmers may market free of penalty
normal or actual production from the
ooroooa a1lotroonfo ond farpoprc WhOca
entire production is below normal may
market free of penalty the amount
of wheat equal to the normal produc-
ton of their acreage allotment. Elk
cess wheat unless stored under bond
is subject to a penalty of 500 of
the basic loan rate.
Prospects for winter wheat re-
manned generally favorable with the
crop fairly well protected by snow in
northern sections of the eastern wheat
belt during the recent cold weather.
South of the Ohio river the ground
was bare but relatively dry, conse-
quently but little heaving is apparent.
Some improvement is reported in Ok
lahoma and the crop is in good to ex-
cellent condition in northeastern and
north central and western Kansas but
rather poor in some southeastern sec
lions. Wheat fields are supplying
considerable pasturage in Southwest
ern areas.
In Europe more seasonable weather
followed the recent severe cold. Crops
were mostly well protected by snow
but trade reports continue generally
unsatisfactory because of unfavorable
seeding conditions and the poor start
of the crop. Efforts to expand spring
seeding are expected but shortages
of labor, equipment and fertilizers
will tend to hamper such efforts. The
first official estimate placed the total
acreage in India for the 1912 harvest
at 32,108,000 acres compared with a
revised corresponding figure of 3d.
S11,O 900 acres for the 1941 harvest and
a final estimate of 34,S62,OOO acres.
CASH WHEAT: Receipts Of cash
wheat continued large with lib cars
arriving at Minneapolis during the
week, while Duluth unloaded 554. The
mainly unchanged with mill demand |
inclined to be selective and tending
mainly toward the sound types. How
ever, the day to day clean up of Of
ferings was good. Ordinary protein
No. 1 Dark Northern spring wheat |
was quoted within range of &c to |
&c under the Minneapolis May price;
No. 2 dark northern at 10c to &c I'M
der; and No. dark northern at 15c |
to &c under; moisture content being |
the principal factor which decided |
the trading basis within these ranges. |
Protein premiums were steady with |
1870 protein lots bringing &c over
the base ranges; 1870 protein DC over |
base; 1870 protein &c over base; and
1879 protein &c over base. Inspec-
lions indicated 112 cars of winter
wheat and 287 cars of durum in the
weeks receipts. Minneapolis May |
wheat declined 2%c and closed Feb
ruary 6 at $1.23.
nENI NH THIN TTkTOJ TApUrT