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THE CANTERBURY MARKETS.

OATS MARKET FIRM. (By Tcloirraph.—Pre- Association.) CHRISTCHURCH, Friday. The oats market continues firm and, as fairly large quantities have been shipped to London during April, some oversellers may find difficulty in getting their requirements next month at anything below current rates. Some A grade for April-Sep-tember delivery are 3/9 f.o.b. and B grade at 3/5. A few prompt B grade at Lyttelton have been sold at 3/0. Further inquiries from London came to hand this morning for A grade for April-May. Wheat has been coming to hand in better condition than has been the case I for the previous week or two. Also, there has been more offering. Prices are firmer, ' due to certain contracts having to be filled ' before the end of March, and to some difficulty having been experienced in getting grain that would pass the grader. Quotations are 5/4 to 5/6 at country stations. A temporary inconvenience is being experienced owing to a shortage of new corn sacks due to heavy yields this harvest. Farmers' demands are being met by supplying once-tised sacks. There has been a further decline m potatoes, which are now quoted at £4 a ton for prompt delivery. It is reported fairly heavy shipments to the North Island were made during the week, the Kurow on Wednesday taking 900 sacks. Shipments generally for the past week or so have been as large as those made at the height of the season. The fact that the demands of the Auckland market have been met for the time being is given as the cause for the reduction in price. Onions are coming forward in quantities that the market cannot as quickly absorb and as a consequence prices are easier. To-day's quotation is £5 5/. One or two samples of the new crop of white clover were offered, but the quality was not choice. Sales have been made at 1 7d to 8d a pound, according to quality. No samples of cowgrass are yet on the market. Prices for seeds remain unchanged.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19280331.2.14.5

Bibliographic details

Auckland Star, Volume LIX, Issue 77, 31 March 1928, Page 4

Word Count
339

THE CANTERBURY MARKETS. Auckland Star, Volume LIX, Issue 77, 31 March 1928, Page 4

THE CANTERBURY MARKETS. Auckland Star, Volume LIX, Issue 77, 31 March 1928, Page 4