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GRAIN AND PRODUCE MARKETS.

(BY OUR COMMERCIAL EDITOR,) Friday Evening. The -wheat market is still in a very quiet state, and very little movement to note. One miller states that he has bought a line of mixed milling wheat at 3s 6d, ex store Christchurch. There is, however, but very little demand on the part of millers, whose business in flour is confined to restricted local and coastwise requirements. It is reported that Victorian wheat has been landed at Dunedin at a cost of 3s B_d at the wharf, duty paid, which is equivalent to about 3s f.o.b. Melbourne. More is also expected from the same quarter. There is a steady business doing in oats, a fair enquiry being manifested for Canadians and sparrowbills, and to a lesser extent for Tartars, for seed purposes. There is still a demand for oatsheaf chaff for export, but the prices offered, 57s 6d to 60s at country stations, do not lead to much business being done, as growers are asking 65s to 70s, There is a fair turnover taking place in ryegrass and clover seeds, and rape is also in demand for summer feed for lambs. The potato market is easier, as export buyers have purchased sufficient for present requirements, and there will be no shipping space available for a fortnight. The following are current prices paid to farmers, f.0.b., Lyttelton, for direct shipment from country stations and free of commission, except where otherwise specified: — Wheat (nominal) —Good to prime quality pearl 4s Id to 4s 2d, Tuscan 4s Id to 4s 2d, Hunter's 4s to 4s Id, second quality wheat about 3d lower. Oats—Prime milling 2s 7d to 2s Bd, good stout feed 2s 6d to 2s 7d,, fair short feed 2s 5d to 2s 6d, Duns 2s 5d to 2s 6d, Danish 2s 5d to 2s 6d. Barley—Prime malting 4s 3d to 4s 6d {fjxtra choice), feed 2s 6d, Cape 3s to 3s 3d. Beans—3s 6d to 3s 9d (scarce). Peas—Blue Prussians 4s to 4s 6d, partridge or maple 3s*to 3s 3d. Flour (millers' quotations, nominal) — Roller £12, stone £11. Sharps—£4 10s. Bran—£3 10s. Oatmeal—£l4. - Potatoes—Derwents (nominal), £5 to £5 10s at country stations. Potatoes—Derwents £5 10s at country stations. Grass Seed—Ryegrass, farmers' lots 2s 6d to 3s, machine dressed 4s to 4s 6d; cocksfoot, brignt 3£d, discoloured 3d; cowgrass, sid to 6d; white clover s_d to 7d; alsyke 6id to 7d. Dairy Produce—Cheese 3_d to 4d, loaf 4d to sd; butter,, factory (local) Is 3d, North Island Is, dairy lOd to Is, salt in Doxes"9_ to lld; bacon 6£d, do roll 6£d to 7d; hams Bd. "■. (PRESS ASSOCIATION TELEGRAM. J INVERCARGILL, September 2. There has been no change in the value of oats since last week. Holders are firm, but the northern markets are slow in responding to the late advance in values.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18980903.2.31

Bibliographic details

Press, Volume LV, Issue 10132, 3 September 1898, Page 6

Word Count
473

GRAIN AND PRODUCE MARKETS. Press, Volume LV, Issue 10132, 3 September 1898, Page 6

GRAIN AND PRODUCE MARKETS. Press, Volume LV, Issue 10132, 3 September 1898, Page 6

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