CANTERBURY PRODUCE.

Auckland Star, Volume LXI, Issue 15, 18 January 1930, Page 4

CANTERBURY PRODUCE.

THE COMING HARVEST.

MARKET PROSPECTS

(By Telegraph.—Press Association.) CHRISTCHURCH, Friday. Although a little wheat is now in stock the rain this week has delayed harvesting operations, and it will be two or three weeks before grain is on the market in any appreciable quantity. Contrary to what some people thought would be the case, tihe heavy rain on Wednesday last did not greatly damage the crops. In view of the fact that millers have bought forward to a substantial extent, there is a question as to whether there will be a demand for the new wheat when it comes on the market in the early part of the season. To-day's nominal quotations far wheat are 5/9 for Tuscan, 6/ for Hunters, and 6/3 for Pearl, on trucks at Country stations. There are plenty of sellers of forward wheat, but few buyers at the moment. Fowl wheat is moving off steadily at 6/l%d to 6/2, f.ojb., s.i., the demand coming from the South Island as well as the North Island. As '«far as oats are concerned, merchants are waiting for some to reach the market. There are very few oats in store, and a lot of oats axe now in stook, and reports from Marlborough are to the effect that the rain was much heavier there than in Canterbury, and that it did a lot of harm to the oat and barley crops which are now in stook. The barley and linseed crops m Canterbury are looking fairly well, but it will be some time-yet before either will be on the market. Oats, which are m- • tended for chaff promise to give a better financial return than • oats, especially as it will be difficult to get good bright chaff from the Marlborough district this season. Old chaff is to-day quoted at £5 10/ to £5 12/6 a ton on trucks, while new is worth £4 to £4 5/ on the same basis. There is very little doing in small seeds, and same sales of Italian ryegrass were made this week at 4/6 per bushel for new season's seed, and Western Wolths seed is the same value. Red clover nominally is worth 4d to 5d a lb. White clover is worth about lOd. Cocksfoot is quoted at 13% d per ; lb for machine-dressed, farmers' undressed lines being worth 8d to fld for heavy weight, 13-14lb Akaroa seed. Plains cocksfoot is quoted at Id to l%d less. ■ The North Island has plenty of potatoes to supply the demand there until the end of February, and it will be March before shipments to the North Island are made from Lyttelton. The quotations for April, May and June delivery are £4 17/6 for Whites, and 2/6' more for Dakota*?, and the July, August and September ■ quotation is £5 12/6 to £5 15/.