The people's voice. [volume] (Helena, Mont.) 1939-1969, 1944-01-07
wheat & RYE
PRICES GO UP

Maximum price regulations ruled
trade in corn, oats, barley, and fla1
during the closing two weeks of the
year, according to the War Food AID
ministration, while wheat and rye
the only grains not as yet directly UNI
der price control measures, moved in
| to new high ground A rise in De-
cember parity prices, trade expecta
ton of a higher hard wheat ceiling
than earlier calculated, along with a
SC per bushel increase in subsidies to
mills, were all factors which caused
renewed buying in the food cereal.
All of the cash grains were in very
active demand and the daily arrivals
did not begin to take care of the ur-
gent inquiry which prevailed. Mill
ers, grinders, mixed feed manufac-
turers, maltsters, and flax crushers,
all showed ext me eagerness to Sc
cure the raw materials for their re-
spective operations.
PARITY and FARM PRICES: Par
ity prices as of Decembed Is, 1913,
were as follows: wheat 149, corn 108,
oats 81, barley 104, rye 121, soybeans
161, and flaxseed 2S4, all in cents per
bushel. Farm prices on December Is,
1913, were: wheat 143, corn Iii, oats
76.9 barley los, rye 107, soybeans ISL,
and flaxseed 2S5, all in cents per
bushel
WHEAT: In the Southwestern
Plains some precipitation during the
week was beneficial to winter wheat
but the condition in this area is gen.
orally poor because of dry weather.
In the Ohio Valley, wheat continues
Missouri substantial snow covers at
the close of the week will be helpful.
Kansas had heavy snow in southern
and eastern counties which will be
decidedly beneficial. Winter damage
so far in this state apparently has
been very slight. In Nebraska con-
tinued dryness is very unfavorable
with fields reported dead in increas-
ing numbers.
According to a Canadian Wheat
Pool report of December Z, during the
1913 navigation season on the Great
Lakes 375,775,000 bushels of grain
were transported through the Lakes
This total was exceeded only by the
3S4, 100000 bushels transported during
the 1928 navigation season. The Ca
madam Board of Grain Commissioners
report the shipments of wheat from !
Canadian points to the United States
Turing the week ended December 16
at 2,915,000 bushels, bringing the sea-
sons total from August 1 to Deem
Der 16 to S9,S37, 900 bushels.
CASH WHEAT: Cash wheat re-
,eipts at Minneapolis though moder
itely large were not nearly sufficient |
o satisfy the demand. This was espe-
tally true of the durum department
where offerings were light and de-
nand active. Receipts of all classes
If wheat at Minneapolis amounted to
',087 cars for the period and inspec-
ions indicated that 108 cars were
winter wheat and 107 cars durum.
n addition to the strong demand
which prevailed for spot wheat offer
ngs, buyers reached out aggressively
or the ito arrive" lots as well and I
ountry offerings of this kind were
AIKEN as quickly as made. Spot prices
N ordinary protein No. 1 dark north
I'm wheat ran 5 " CSC over the May
ption, which advanced 37sc during
he last week in December and closed
n Friday, December 81, at $1.61A.
'ourteen per cent protein wheat
rought no additional premium; 1870
rotein, 1zc additional; and 16% pro-
elm, &c additional Fifteen per cent
rotein wheat that could run via the
cad of the Lakes was worth u Gle
lore while 16% protein was lei " C
lore. Average protein content of ;
he hard red spring wheat tested dur
lg the week was 1857 and the
urum 12.429e.
Durum wheat showed independent '
trength. With only about 100 cars l
l at Minneapolis during the week {
nd demand quite good, the situation
Irned tight and strong. Duluth May
urum advanced 4 u C during the last
eek in December and closed Deem t
err 81 at $1.59. In addition to the {
1vance in the futures, premiums t
ere stronger. Eight cents over the |
uluth May durum price was paid by t
ills for milling lots while ordinary {
ualities brought 6c-7c over. Red :
urum was bid in at sc over the Du- !
th May. Il