The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-06-25
Wheat Market
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ripe or so far advanced that further
extensive development is impossible,
except perhaps in the Panhandle
where grain is later. There appears
to be relatively little likelihood that
rust can increase rapidly enough in
Kansas to do extensive damage al
though there is a possibility that in
lection on later maturing grains may
increase Rust is much later than
last year but there are no present
indications of an abundance of inocu-
lum from Missouri and Kansas
WHEAT: Winter wheat harvesting
is now under way in central Texas
and southern Oklahoma with yields
exceeding pre-harvest expectations.
Cloudy and rainy weather delayed
ripening in Kansas but harvesting has
begun in southcentral parts. Wheat
is heading in most of the upper Ohio
valley and the condition is now fairly
good to good in most areas Spring
wheat was reported in good to very
good conditions with some of the
earliest fields beginning to head in
Washington.
Crop conditions in Canada remained
generally backward at the middle of
June. Heavy rains delayed field
work and low temperatures retarded
growth. The prairie provinces were
particularly in need of sunshine and
warmth although in some areas in
southeastern Alberta rain is needed
The wheat is less than half as high
as year ago, ranging from germina-
ton to 6 and inches high
CASH WHEAT: The cash wheat
market at Minneapolis was narrow
and generally dull with mill demand
only moderate. Total arrivals for the
week of all classes of wheat amounted
to 1867 cars, including 46 cars of
winter wheat and 256 cars of durum
The sharply increased receipts repre-
scented mainly movement to provide
storage for the new crop and to make
available the new allotment of wheat
for feed. Duluth unloaded 826 cars.
No. l dark northern wheat, ordinary
protein was quoted at about NC to |
&c over the Minneapolis July price, |
which declined 2% C for the week and |
closed Friday, June IS, at $1.363s.
Premiums based on protein remained |
about unchanged with 14e6 protein |
bringing 11ac premium over the or
binary; 1870 protein, 4 1ac over; and
16% protein, SC over Diversion point |
bids were steady at about &c pre-
MUM over bids for local unloading |
if of 1496 or 1870 protein, and &c over
for 169o and higher proteins. The !
average protein content of the hard |
red spring wheat tested during the |
week was 13.40% and the durum
12.17G6.
Durum wheat especially was easy
and very slow for anything except
the top milling qualities of hard am
Der The Duluth July option closed |
Friday, June IS, at $1.373s, a net
decline of 3 q for the week and in
addition cash premiums were off
about &c for the better milling quail
ties and fully &c for the intermediate
and lower grades. Receipts however
turned lighter and the tone of the
cash market at Minneapolis steadied
although demand continued slow
Fancy hard amber probably would
bring 1c to &c more than the quoted
ranges as this quality is scarce. Hard
amber durum of good to choice mill
ing quality was bringing about &c to
&c over the Duluth July price while
red durum continued to be quoted at
the July price for No quality.