The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-04-09
Market FOR
FEED GRAINS
Is ACTIVE

Grain futures markets were irregu
lar but averaged firm, especially flax
and were generally slightly higher a
according to the Department of Agri
culture. Parity prices tended some
what higher. Possible legislative de
velopments and especially the private
crop reports from the winter wheat
area, a strong cash demand for all
fed grains and for flaxseed, and the
allotment of 1OO,OO0,0OO bushels OF
government owned wheat for feed pur-
poses, were all strengthening influ-
ences, particularly in wheat which
despite very light new flour business
displayed firm tone in the futures.
Larger wheat receipts at Minneapolis
were steadily and fairly we'll absorbed.
PARITY AND FARM PRICES:
Parity prices as of March Is were an
nounced as follows: Wheat, 1923;
corn, 1894; oats, 64.2; barley 99.7;
rye, 1853; rice, 1909; flaxseed 272.
Farm prices were: wheat, 1927; corn,
94.S; oats, 5S.4; barley, 74S; rye, $50;
rice, 1902; flaxseed, 2S3; soybeans,
1850.
WHEAT LOANS: Through March
20, 1943, the CCC made $780, 1906 loans
on 405,814652 bushels of 1912 wheat
in the amount of $45S,574, 5O613. This
includes 1S3,719,42S bushels stored on
farms and 222,O95,224 bushels stored
in warehouses. Liquidations amounted
to 61,034,932 bushels, of which 1885,
491 bushels were delivered to the
CCC.
WHEAT: Generous rains over much
of the southwestern wheat belt re-
lieved drouthy conditions that had
prevailed for long time. Additional
moisture was especially helpful in
Oklahoma and Texas but was still
inadequate n northwestern Texas
and northwestern Oklahoma. In Kan
sas the soil continued too dry for
wheat in some south central and
southwestern counties but the crop
made good progress elsewhere in the
state and was beginning to show
growth northward to Nebraska In
the soft winter wheat area, warmer
weather favored growth but condi-
lions remained quite irregular, rang
ing from poor to good but mostly fair
to good
Oats and barley seeding has made
mostly satisfactory advance in the
Great Plains and was about u to 81
completed as far north as southern
Kansas. In the central valleys how
ever seeding has been delayed by wet |
soil with reports that some intended
oat acreage may be diverted to corn.
In western Europe, spring seeding
made favorable. progress. Beneficial
rains were received in some sections
while others need moisture to main /
tain present conditions. Winter kill
ing over the continent is light, ac-
cording to trade reports and crop
prospects at this time are better than /
a year ago. Prospects are also more
favorable than last year in the Balkan
countries with indications of an early
harvest. March rains aided the prep
aration of the soil in Argentina and
wheat seeding is in progress in early
districts. In Australia, moisture SUP
plies are generally fair and blowing L
for wheat is progressing. t
CASH WHEAT: Although new flour
business at Minneapolis was quiet {
during the week, increased arrivals t
of wheat were fairly well absorbed {
and trade reports indicated an ex- L
pectation of heavier new -four bust ]
ness in the offing by government pur- {
chases. Minneapolis May wheat adj t
Nc, net, for the week and t
closed Friday, April 2, at $1.3SM. q