CANTERBURY MARKETS

Press, Volume LXVI, Issue 19942, 31 May 1930, Page 12

CANTERBURY MARKETS

OATS AND CHAFF FIRM

ißf OCX COMVEIiCIAL 1D110S.)

Friday Evening.

The market for oats continues firm, ancl the Southern price to-day is a shade better than at the mid-week. A Gartons for prompt delivery are obtainable at 4b f.0.b., s.i., but that figure will not secure A's for spread delivery. B's aro still very hard to obtain, and quotations are 3s IOJd f.0.b., s.i., for prompts, and 3b lid for spreads. Chaff values have firmed slightly, and the demand continues quite fair. Lho quotation for prompt delivery is £7 a ton, f.0.b., S.i., which is equivalent to £5 10a a ton on 1 rucks. It is reported that as high as £7 10s a ton f.0.b., s.i. has been paid for chaff for July-Au-gust-September delivery. Wheat. Quotations for wheat are unaltered and are:---5s 8d to 5s 9d for Tuscan, r,s 9d to 5s 10d for Hunters, and 5s lid to (is for Pearl, on trucks price in each cast'. There is a little business being done in next season's wheat, on the basis of 5s 6d for Tuscan, 5s 8d for Hunters, and to 5s lid for Pearl. Fowl-wheat is very scarce, and has firmed a little since the last report. It is now quoted at 5s lid to 6s f.0.b., s.e., equivalent to 5s (3d to 5s 7d on trucks.

Potatoes. The potato market in in much the same position as it has been for some woeks —very weak. However, ther»» was a spasmodic firming noticeable yesterday. It amounted to about 2b 6d a ton, and did not survive the day f There is very little business, and the Remand for prompts from outside ports is slack, The Auckland market is reported as having an over-supply. The Katoa will take a further (5000 sacks, approximately, on Monday, for the northern port. The price to fanners at present stands at £3 5b a ton on trucks. Forward quotations, which aro also unaltered, are;.—June, £4 12i» 6d; July, £5; July-September, £5 10s.

Onions. The onion market is scarcely aa good as it was last week. Prices to farmers on trucks have varied during tlio post week from £3 to £3 10b a ton, and to-day onions cap l>c quoted at £3 to £3 ss. Growers, in the main, are holding supplies. Peas. There has been a better demand for peas, and today's quotations records a sharp rise, especially for No. I'h. Sales have been mado up to 5b 9<l f.0.b., a.i. for No. l'g, wh'cli is equivalent to 5s on trucks, F.a.q. 's are not af* footed to the samo extent, and are quoted at from 4s 2d to 4a 4d on trueks. Quotations. The following aie quotations for produce, to be paid to farmers, on trucks, (roe of commission, sacks extra, except where otherwise stated : Wheat —os 8d to os 9d Tuscan; 5b 9d to 5s 10d Hunters; 5s lid to 6s Pearl, on trucks, sacks extra. Seconds 4s 6d to 4s Od. Fowl Wheat —Prompt, 5s 6d to 5s 7d.

Oats—A Gartons 3s 7d to 3s 7sd for prompts, 3s Bid to »3s 9d for spread; B's, to 3s s£d for prompt., 3§ s}d to 3s 61d for spread.

Chaff "-£5 10s. tfarley—Cape 3s 6d, malting 4* to 4» 3d. Linseed—£ls ss. Potatoes —£3 os. Red Clover—4d to od per lb. White Clover—7d to 9d.

Perennial Ryegrass —4s to -la Gil. Italian Ryegrass and Western Wolths —4s to 4s 6il.

Cocksfoot —7d to 8d for farmers' dressed lines of Akaroa seed. Plains Cd to 7d.

Peas—No, l's 4s 9d to ss; f.a.q.'fl 4s 2d to 4s 4d. Onions—£3 to £3 ss.

Bran —£8 a ton, f.0.b., southern ports: 10b extra for smaller packings. Pollard—£B 10s n ton, f.0.b., southern ports; 10s extra for smaller packings. Flour—Wholesale price £lO 15s a ton for 2001b sacks, with the usual increments for smaller packings.

DUNEDIN

l.flt'HL TO tax ¥B*S»./ DUNEDIN, May SO. In tho absence of offerings the railiipg wheat market is quiet and little interest its being displayed by rnillprß. The price for June will bo Gs 4d f.o.b. for Tuscan, 6s Gd for Hunters, and 6b 8d for Yolvet. Miliars, however, are not prepared to pay more for Velvet than the quotation for Hunters, Distributors of fowl-wheat report that the trade is not so brisk as in past years. This is probably a result of poultry-keepers stocking up parlier in the season, and also the fact that there does not appear to be the B#me num6ar of people engaged in poultrykeeping as previously. Although enquiries are being received there is not much business passing In oats, as' buyers are not inclined to pay the increased prices asked by merchants. Deliveries from the country have practically censed in the njaantirae, and any quotations made are for lines held in stores. Holders aro asking 4s f.0.b., g.i. tor A's, and sales have been made at this figure for spread delivery through to December. For prompt delivery 3s lid f.0.b., s.|. is the value of A Gar. tons, with B's 3s lOd. There is still a scarcity of B's, most of tho deliveries being of A grade quality. The pqtat.o market continues to drag, and Bales are hard to make. Consignments are arriving in excess of the demand, with a r<j. suit that ft fairly large proportion of the tubers are going into store. Tho shipping' market to the North Island is quiet. Best quality is worth £8 per ton, sacks included, o* "tore Dunedin. 'foe chaff murrket remains firm, as the shortage of winter feed is causing growers to hold their supplies, which are now becom)ilg short in Dunedin. There is still a shipping demand, but owing to the absence of stocks little, business is being dono. Best quality is firm and is to-day worth £5 7s 6d to £8 10s per ton, sacks extra, ex truck Dunedin.

The market for most lines at seed is firm. Enquiries arc being received for ryegrass from merchants, who wish to stock up for the spring trade, but It is difficult to obtain quotations. It is apparent now that there is not the usual quantity of stocks of ryegrass held in the country, and xaw chants are marking time for the present. Both Ohewings Fescue and dogs tail are firm lu price following on a poor harvest In both varieties consequent op unsuitable weather conditions during the growing period. Good quality dogs tail has b»en sold at Bd Per lb, and fescue at up to lid.

SOUTHLAND. (.3PJECIM, TO THE FIIJM3.) INVEBCAKGXXjL, May :jQ. Oats-r—This market continues very firm and sales havo been made of A grade (tartans at from lis lid to 8s lljd per bushel for June and July delivery, while for spread delivery to the end of September a holf-penny more has been obtained. Offerings from farmers ore now diminishing, and probably tbe greater part of farmers' supplies have been disposed of to merchants. The prices to farmers show an increase A's being worth from 3s Id to 3s 2d according to bushel weight, while B's are worth up (p —8 lid l'W bushel. Duns .ure m demand at fr °"> •«! 3d to 4h per bushel, according to quantity, the latter price being for ex. qeptionully heavy lines of dark Duns. Wheat is offering fairly freely, but most of the lines forward do not suit millers, the grain being insufficiently seasoned. Those lipes acceptable to millers are worth 5s 0d per bushel for Tuscan, 0s for Hunters, and Sg 3d for Velvet. Most of the lines, how ever, through not being suitable for milling purposes, have to be put into store by ■4i"" t either held or sold as fowl "beat with a result that the fowl wheat market has been flooded. The price to farmK«% / ? T r.f 0p ? npt sui , tab, « l a r milling is VI.J m - B|le ' p , n truc k» country stations, market remains fairly oven. There is plenty of chaff offering with the price ts farmers about £4 5s per ton. . jg very little business passing between farnjers and merchants at

present, as most of the farmers.' lines have beeq disposed of. Stock 3 hold by merchants are vary light. Tha shipping value is nominally about 0s 9d per bushel for 37.281b seed, and the value to farmers runs from 4» to 5s par bushel according to quality. The average price tor good quality is 4a Gil per bushel, Italian and Western Wolths are in demand, farmers' values being 4s to 4s 3d per bushel. Pototoes—These have been offering more freely I*tely, but in sympathy with the post, flea in Canterbury the market is net keenThe general price on trucks to farmers is about £4 per ton, but good lines of Sutton's Supreme and King Edwards might command »n advancement of 3fl till to ss> per ton on this price.