The people's voice. [volume] (Helena, Mont.) 1939-1969, 1943-04-30
Market LAST
week UP
and firm

Grain markets with the exception
of barley and flax were generally firm
and closed the holiday shortened week
ended April % slightly higher, accord
ing to the Department of Agriculture.
Wheat futures were narrow and irreg-
ular, influenced by improved new crop
comments, heavy disappearance, and
the near close of the loan redemption
period, April 30, at which time trade
estimates indicate that approximately
180000,000 bushels of wheat will pass
into the possession of the govern
ment Cash wheat premiums were
firm and bout 1ac higher in spots
despite slow new flour business as
receipts were lighter. Corn was at
the ceiling while barley was weak and
flax sharply lower.
Stocks of wheat remaining in inte-
rior mills and elevators in the United
States at the first of April were
placed at 174,591 900 bushels, making
total of 714,3S9,000 bushels, not in
GLIDING merchant mill stocks This
compares with 6S8,021,0 900 bushels a
year ago. Stocks of Canadian wheat
in Canada and the United States at
the first of April were placed at 1885,
1000 bushels against 566, 447 900 a
year ago. North American wheat
stocks, April 1, amounted to approx
mately 1,513,000,000 bushels, not in
Guiding United States merchant mill
stocks, compared with 1,254,000,000
bushels a year ago.
According to a study and estimate
made by BAE, the carryover of old
wheat on July 1, 1913, is expected to
be about 650,000,O00 bushels compared
with 632,000,000 bushels last July, as
Stunning that the 1943 crop outturn will
be about S0O,OOO,0OO bushels. Total
wheat supplies then would be about
1,450, 100000 bushels as compared with |
1913, 100000 in 1942-43. The expected |
disappearance of wheat is placed at |
963,200,000 bushels, the largest since |
1920.
WHEAT The condition of winter
wheat averaged good to very good in
central and western portions of the
belt with the crop beginning to joint
in southern Kansas. In the Ohio Val
ley the crop made only fair progress
with many thin stands, some of which
were being abandoned or seeded to
oats In central and eastern portions
of the belt, unfavorably cold weather
retarded growth
Spring wheat seeding made rapid
progress in the Dakotas but seedlings
were irregular in Minnesota with
sowing completed in some sections
and none done in some flooded low
lands which were still too wet to {
work. In Canada scattered seeding
was reported in southern portions of
the prairies. Sowing is expected to
become general during the coming |
week in most of Manitoba and south t
eastern Saskatchewan. In the south t
ern half of Albert, seeding is not ex- &
pected to be general until the last !
few days in April and in the northern t
parts of the three prairie provinces t
early in May.
CASH WHEAT: Premiums on cash
wheat gradually firmed and toward
the close of the period were about v
@c higher. Ordinary protein No e
dark northern was quoted within a S
q range of 1c to 1 1ac over the Min C
neapolis May price, or 1ac down at v
The top of the range, which advanced t
&c for the period and closed Thurs I
lay, April %, at $1.37a No. 2 dark 6
northern, ordinary protein, closed at h
Lc under to 1ac over the May price, a
and No. dark northern at SC under p
% the May price. Thirteen per cent n