GRAIN AND PRODUCE MARKETS

Press, Volume LXXXIV, Issue 25609, 25 September 1948, Page 9

GRAIN AND PRODUCE MARKETS

(By Oqr Commercial Editor) The grain and produce markets of North Canterbury are largely inactive. Last week’s trading was negligible on the wholesale side of the business. There was a slight inquiry for cowgrass and Montgomery red clover, put other lines were neglected. Merchants, however, report a good retail demand for spring sowings. Sowings of barley promise to be considerable, but the inquiry for linseed is reported to be limited. From all accounts little, if any, spring wheat is being sown in the district. From the inquiry for clovers and ryegrass it appears that much pasture renovation is being undertaken this spring. The potato market is lifeless. Prices for all lines of small seeds are steady at recent rates. Dilatations Wheat.—Tuscan varieties, fts a bushel f.0.b., growers’ nearest port. Premiums, 2d a bushel fpr Hunters, 4d for Pearl and Velvet, and 6d for Marquis. Holding increments: Id a pushel a month for April, May, June, and July; thence Id a month for August and {September, making a total increment fdr the season of 5d a bushel. (From all these prices »,fcd a bushel is deducted as growers' contribu-® tion to the insurance fund against frost, flood, and hail.) Onions—£2s a ton on trucks, bags extra. Potatoes.—Suttons, King Edwards, and Dakotas, £ll a ton for f.a.q., s.e.; others, £lO 10s. These prices embody the latest increments Oats.—A grade Gartons, fixed price, 4s 8d (on trucks); an increment of Id a bushel a month will be paid, starting on June 1, and will continue in July August, and September, making the total 5s a bushel (on trucks); Algerians, up to 7s 6d; Duns, up to gs 6d, (depending bn quality); black, up to 7sUJd (al! op trucks, sacks extra). Montgomery Red Clover.—3s per lb Uncertified; 3s 3d standard, 3s 6d mother Red Clover.—2s 6d to 2s 7d per lb, machine dressed, 98/90. White Clover.—3s 3d per lb, uncertified; 3s Gd per lb certified P-P.{ 4s mother seed. Chaff.—£7, 10s a ton on trucks, country stations, sacks extra. Lupins —Bs a bushel, on trucks (sacks extra), Barley,—Main malting varieties, 6s 3d a bushel; research and eape, 6s (on trucks, sacks extra), Browntop.—2s 6d per lb certified and 2s 3d uncertified rqachint*-dressed seed, Cocksfoot.—Bd to fs for hegf quality, nominal. " Partridge Peas (contract prices).—los a bushel (No. 1), 9s §d fqr f.a.q.: Prussian Blue, 12s 6d (No. 1), 12s for f.a.q. RyegrasS,—Certified perennial, 98/90, mother IQs a bushel, certified, p.p., l&s; H.l, certified 98/90, mother 15s, standard 13s 6d; Italian, 98/90 (all prices nominal), mother 8s 6d, standard and uncer* tified 7s 6d. Linseed.—£32 a ton (on trucks, 1948 con* tracts) DUNEDIN (P A.) DUNEDIN. Sept. 24. Most of the sowings of wheat are now completed. As a result any increase in price which may he granted for the coming harvest is too late to stimulate interest in the sowing of increased acreages this season. crops are showing steady growth. Although the weather in the last few weeks has been favourable for the growth of crop's, it has had an adverse effect on potatoes held in sforg, which for the most part have to be picked over before graders’ certificates are granted. The market for seeds remains steady and prices for most lines are firm. Merchants report a steady retail demand for spring sowings and they expect a good clearance before next season's harvest comes in.