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GRAIN AND PRODUCE.

Qoldsbrough's monthly grain report, dated Meibourno, Juno 29tb, says : — Oar export business in breadstuflfs to the United Kingdom ha» been entirely bus* pended for the past two months, owing to 8O»rolty of supplies and the high prices ruling locally. The quantity still 10---mftlning on hand from last season It Is now estimated will not be more than ouffiolent to meet our own and interoolouUl requirements before the next hurvest. Tna tendoucy of prfoes during the month bai boen in a downward direction. Oar intercolonial mukota aro also weftkor, Ihe Sydney market especially being gre<vly overstocked with wheat from S»n Frunofeoo, which will not at present qaoUthns cover oout. lu view of the favorable crop prospects for next harvest, we ao not, therofnre, anticipate muob, if any, improvement for the remainder of tho aoaaon. Feed gralnß, owing to large Buppllea of oats from New Z iftlund now coral og forward in exooaa of rtquiroments (In anticipation of an Increased tariff), are very dull of sale, ftcd likely to entail loss on l«te importations

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https://paperspast.natlib.govt.nz/newspapers/AG18890711.2.5

Bibliographic details

GRAIN AND PRODUCE., Ashburton Guardian, Volume VII, Issue 2170, 11 July 1889

Word Count
175

GRAIN AND PRODUCE. Ashburton Guardian, Volume VII, Issue 2170, 11 July 1889

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