GRAIN AND PRODUCE.

Press, Volume XXXI, Issue 4204, 18 January 1879, Page 2

GRAIN AND PRODUCE.

The rain this week has done a large amount of good to the late crops, and although harvesting had been stopped for a few days in the earlier districts, no damage has been done to what was ont. Farmers oa the l&ht lands are now more hopeful, and altogether matters are greatly improved since the new year opened. Judging from various accounts from th« country, the average will be but little inferior to last season's, and the quality of the grain is also reported to be excellent. New wheat has not yet been offered, and traders have scarcely made up their minds as to what price they are prepared to pay. It is, however, feared that with continned low prices ruling in England, there will be but little margin over 3s. A few sales of oats have been made at 3s to 3s 3d for early delivery, and some large forward sales in the South are reported at 2s 9d. In barley we have heard of no transactions yet. Some parcels have been offered in town, but prices asked have been such as to preclude any idea of business. Plonr continues at late quotations of —9 10s to £10. Bran and sharps are unaltered. Butter is apparently becoming firmer, and holders ask 9d. The same remark applies to cheese, choice quality being now saleable ai 6_d.