GRAIN AND PRODUCE.

Auckland Star, Volume LX, Issue 40, 16 February 1929, Page 4

GRAIN AND PRODUCE.

CANTERBURY MARKETS. (By Telegraph.—Press Association.) CHRISTCHURCH, Friday. In practically all classes of produce there is an unusual quietness in business for this time of year. The fact* that millers are well supplied with wheat, that oats at the moment appear devoid of an outlet, and that the North Island inquiry for seeds is negligible, are creating a 'go slow" atmosphere. Offers of wheat are coming in freely, but sales are comparatively few. The Wheat Board is receiving samples, and some sales bava been effected at what are understood to be satisfactory prices, in view of the general state of the marker. Millers have mad?, some purchases at 5/7% on rrucks and :n a few cases ai a half-penny lower. Hunters range about 6/. Oats have further eas*d. A Gartons. have been sold at 3/4 a bushel, f.0.b., s.i., for April-September, and B's at 3/1, a drop of a penny during the week. Algerian oat« are not inquired for. A few sales have taken place at 2/3 and 2/4 on trucks. Chaff is quoted at £5 5/ a ton f.0.b., s.i., for spread delivery.

Partridge peas are included in rhe general circle of "lifeless" products. ><ominal quotations are 5/3 to 5/6 a bushel on trucks. In the absence of inquiry from the North Island there is little doing in the cocksfoot market. Akaroa is quoted at 7d to 8d a lb, and Plains at 6d to 7d. The maintenance of these prices is dependent on the demand that develops from the North. Perennial ryegrass ranges about 4/6 a bushel on trucks, and Italian at 3/6 to 3/9. there has been a steadying of purchases from farmers inview of the absence of inquiry rrom the North, and the promise of a good yield of perennial in Southland. Some white clover samples have been offered Quotations are from 8d to lOd a lb, accoiding to quality.

There is no change to report in the potato market. Values remain at £4 17/6, f.0.b., e.i.. or about £3 10/ on trucks for early delivery. Farmers are reluctant to sell at these prices.