GRAIN AND SEED REPORT.

Clutha Leader, Volume XVI, Issue 831, 20 June 1890, Page 5

GRAIN AND SEED REPORT.

Mr SAMUKb Oiut reports (on behalf of William E. Reynolds, and Co.) for the week ending June 18, as follows : — Since last reporting tho weather has been of a most changeable character— keen frosty one day, next rain, then sunshine, aa if it was summer. However, this class of weather enables farmers to got on with the ploughing, and which 19 now being pushed. Tho carting of grain being just about over, as the arrivals are a more bagatelle, so that all orders for shipping or local consumption must of necess'ty come from store. Wheat.— During the past week this cereal has undergone a groat change at Homo ; which, however was not unexpected, as advices tho week previous from private sources indicated a slight change hut wo in tho colonies must bear in mind how little it takes to turn tho markets at Homo and on the Continent, and though without definite information ib is to be presumed that beautiful weather is at tho bottom of it all. Of our local markot wo can roport' no change in price, while somo good large sales have been put through, all nearly of Southern growth, bo thafc the Home market has not influenced this in any way, nor as we have expressed beforo do we consider it likely to do so this season. We liavo no California to competo with this year as last iv our Australian markets, and may it bo a long time ere she comes into competition with Now Zealand again. In this we think wo echo tho feelings of many farmers who know it to their cost, and not only them but speculators also. We quote: Primo milling ttt.se tn, 3s SJil ; velvet, 3s sii ; red straw, 3s 3d f.03.s 4d ; ordinary velvet and red straw, 3s to 3s Id ; inferior to fowls' feed up to 2j BJ, and in good demand. Oats. — Towards the end of last week speculate rs and shippers hiving freight offered them for Brisbane began purchasing for their requirements, whilo auother speculator camo on th*» board buying for Homo for shipment per stc.im.or, and which created quite ft flutter till their orders were completed, and at the moment prices firmed somewhat, and many lines which hung firo for days previous were quoted at full rates ; but at time of writing a reaction has sot in and prices show signs of drooping, which, however, is not to bo wondered at, as pricos in Sydney or Melbourne give no margin on thoso ruling here, whilo the prospects of thoin boing better are very (liscournging indeed. As wo havo already mentioned, arrivals lire' much reduced, and millers, who havo not much of tho manufactured article beside them, must draw fiorp stores, and as the quantity suitable for thepi is not in abundance, it is possible no alteration will take place in this class. We quote : Primo milling up to Is 5d ; bright heavy feed, Is 4d to Is 4M ; ordinary, 1h 3d to Is 3J'l ; heavy Canadians for seed. Is 5d ; duns, Is <kl ; while inferior and long are difficult to quit at from Is '.d to Is 2-Jd. All sacks paid for. B.irloy. — Tho markot is just about a standstill, so give no quotations, which might only mislead holders. Chaff.— The quantity aniviug is in excoss of demand, which, though good, is brought in check by too much coming forward and lowering prices. Prime oaten sheaf, if well cut and screened, L 2 7s Gil ; ordinary, from LI 15« to L 2 ss. Potatoes. — While tho markets here and in the North have kept fiim, and in fact advanced, that of Sydney has drooped : all tho- same we feet inclined to think the prospect of them becoming good .property iv secure. Seeds.— Ry egrass : Meantime there is no business whatever transpiring, as it is too early. A month or six weeks hence, however, will see something doing. Timothy : The same remarks apply. Cocksfoot: This has made a move at Home, nnd as a consequence prices on the spot havo improved, and feel con6dent that pur* eh isers who have to sow down large tracts this season will not do better than buy up now. Itj the meantime wb quote 3jd to 4d»