CANTERBURY MARKETS.

Press, Volume LXVIII, Issue 20500, 19 March 1932, Page 12

CANTERBURY MARKETS.

MORE BUYING OF OATS. (BT OUB COMMEBCIAI. ItCITOE.) Friday Evening. The wheat market has shown renewed life. The certainty that there will be no surplus of wheat this year has stimulated buying. Before the break in the weather, wheat was coming forward faster than millers were prepared to accept, but the temporary cessation of threshing gave tlicin some breathing space. The rush of wheat early in the season was one of the diiticulties confronting the new Marketing Board. This difficulty has now been very much reduced. Fowl feed has'also firmed, not much of it being offered by farmers. Sales have been made at 4s. s£d, f.0.b., for prompt delivery, and to-day 4s bd is being asked. "Spread" April-Septem-ber is worth 4s bid to 4s 7d. The oats market has hardened. Very 'little of any variety is offering. The crop jn Canterbury has been a light one, and most of it is in stack. Up to 3s 6d, i'.o.b., s.i., haa been paid for A Gartons. Prices on trucks aro 3s for A Gartons and to 3s 3d for heavy. Algerians are worth 3s to 3s 2d on trucks. The chaff market is weak. Quotations are £3 los a ton on trucks. Potato Market. The potato market for early months cased during the week from £5 7a Gd 1'.0.b., s.i., to £5. This afternoon, however, there was an indication of a firming, sellers at £5 disappearing. Later months showed little movement, the quotation for July-September being £6 10s, f.0.b., s.i. The temporary easing is attributed to the lack of North Island enquiry, which is the major iofluenco on the market, and the subsequent steadying to the prospective decrease in the yields. The mid-week report concerning the presence of blight has been confirmed to a limited degree. The trouble has appeared rather dangerously in an odd crop or two in the Clarkville district, and to a minor extent in. others. Its development js dependent on the weather of the next week or so. The crops generally aro developing unsatisfactorily. The small seeds market is unchanged and business in it is very restricted. Bran and Pollard. Bran and pollard remain at the prices quoted in the mid-.week report—namely, bran, £4 a ton for shipping, £5 for local; pollard, £5 a ton for shipping, £6 10s local. This price was fixed on March 2nd, and has not been altered since. Quotations. The following are quotations for produce to be paid to farmers, on trucks, free of commission, sacks extra, except where otherwise stated: — Wheat—Wheat Marketing Board's prices Tuscan, 4s gsd, f.0.b.; Hunters, 4s 10Jd; Pearl, 5s Old. Fpwl Wheat—Prompt, 4s Bid to 4s 6d; spread, 4s o|d to 4s 7d. Oats—A Gartons, 3s for prompt; B's, 2s 9d; Algerians, 3s Id. Peas —5s lOd a bushel. Potatoes—£4 ss. Onions—£6 15s. Cocksfoot—-Akaroa, 6d to o}d; Plains. 4d to sd. Perennial Ryegrass—To 4s. Italian Ryegrass—3s 6d to 3* 9d. White Clover-—1» 6d to Is 9d. - Bran—£4 a ton for shipping, £5 locaj. Pollard—£s a ton for shipping, £6 I 10s local. Flour —£13 12s, with the usual ini crements for small packings. ASHBUBTON MARKETS. The past week baa been fairly quiet in most lines. Wheat is in good demand from millers »®d large quantities are being disI patched from the Methven, line. The market for fowl wheat ie quiet and few orders aro being received. Thoro haß been a good enquiry for X Gartons, but very few are on ofler. B grade aio not in keen demand. Only odd lines of Algerians are about, but growers' ideas of values are above what merchants are prepared to pay. Light coloured lines of Duns are plptV of sale, but good heavy dart lines are in demand. Partridge peas are not as firm as they were but sales have taken place to cover forward' commitments. Chaff is worth Si per ton on trucks for good bright quality. The potato market has quietened down, there being little business passing. Good lines of Western Wolths and Italian are enquired for, but most of the seed is out of growers' hands. Good, lines of perennial are in keen demand, but other seeds remain unchanged. The following are quotations, to be paid to farmers, on trucks, country stations, extrasWheat—Tuscan good milling, 4s BJd; Hunter?, 4s lOJd; Velvet, 5s OJd; fowl wheat, 4a 4sd, f.o.b. Oats—A Gortons, 2s 9d to 3s; B Gartons, 2e 6d;. Algerians, 3s to 3s 3d; Duns, 3s to 3s 3d. Grass Seeds—Perennial, 4s; Western Wolths and Italian, 3s 9d to 4s; red clover, 6d to 7d; white' clover, Is to Is 3d; cocksfoot, 6d. Chaff—Good, bright oatsbeif, £i j,cr ton. DUNEDIN. [THE PRESS Special Service.] DUMEDIN, March 18. ' Samples of milling wheat are still arriving from Central Ot&go and odd samples are also appearing from Taieri. Some of the Taieri wheat is inclined to be W the soft on account of threshing being carried out from the stook' before the sheaves were properly dry. The prices ruling are on the basis of those fixed by the Wheat Marketing Agency. Yields of wheat in Central Otago have Ijeen affected by the dry' weather, but the quality is excellent. In the Taieri district and lurther south, the yields are very good, taking the crops all round. Unfort>isately some of them have been affected by rust, and this wilf cause a decrease in return of milling wheat P e ? acre. The market for fowl wheat is quiet and tho demand W only on • a hand-to-mouth basis. bales are confined to snail quantities, merchants preferring to wait until supplies become ttoro plentiful. An occasional lot is changing hands at 4s 8d per bushel, sacks e*tra, ex store, The oat market has undergone a change. The forward position has weakened, there How being sellers of A grade spread delivery Sit Sa 5d f.0,b., s.i. Those Hollers are mostly Canterbury merchants who a -few weeks ago vera prepared to buy at 3a 6<J i.0.b., s.i. The weakening in the forward P-arket lias Lad an cftectr on the market for prompt delivery, for which the demand has fallen off. It is now difficult to make sales at recent quotations, namely 3s Gd f.0.b., s.i for A's, and 3s 3d for B's. The chaff market is still confined to sales of small lots, The demand is quieter than has been experienced for some time, and it is quite the exception to be able to place a tnuk load. Sales are mostly in small lots a*, round about £5 per ton, sacks extra, ex store. The value for delivery ex truck is £4 10s, sacks extra. The potato market is fully supplied and there is a tendency to dig earlier than usual owing to the appearance of blight in some of the crops, locally good sound lines are worth ur to £5 per ton, sacks in, ex truck. The unsettled position in regard _to finance is having an effeot on the hurb prices that have been ruling for seeds- The ryegrass market has weakened) hut samples are not very plentiful owing to-the delav in threshing, cojjscouent on the broren weather. It is noticeable that both fescue and brown top are in poor demand, practically no orders being received from overseas for thtiw varieties. 'As a result, mer. chants are chary about buying. The cocksfoot market remain* steady, arid Wli cowgrsst and whit* slover are very firm.