Late Commercial GRAIN AND PRODUCE

Dominion, Volume 30, Issue 160, 3 April 1937, Page 14

Late Commercial GRAIN AND PRODUCE

Canterbury Markets By Telegraph--Press Association. Christchurch. April 2. The grain and proclme markets are fairly quiet as they have not yet properly settled down after Ihe Etaster break. It is unlikely that tiny very active market will now develop lor .small weeds, as it is usual for interest to die out after Easter. It appears that trade will co on as it has done so far in small quantities but fairly steadily. The April increment of a penny went on to milling wheal. Deliveries have been fairly slow as farmers have waited for the additional money, but it is expected that the quantity will increase again. There is still :i steady demand for fowl wheat at ">/j f.o.h. Oats are firm. There Ims been very little threshing and supplies are not plentiful.

'Ryegrass is still firm ami meets a steady inquiry. Aknroa cocksfoot continued to be offensl but as the seed is m poor general sample there are not many buyers. The weather Ims held up the threshing of white clover, which is coming in slowly.. It is worth 7rl. to Pd. ;i lb. No red clover has yet made its appearance. Peas are turning out fairly well, both in quality and yield. Overseas demand is quiet and indications are that the price will be below the current New Zealand price of 5/-.

Potatoes are firmer than they have been before this season. There have been rumours of shipments to South America and this has moved farmers to hold in the meantime, and I bough demand has been small it has been strong enough to lift quotations to o/-. Some buying has been done. There appears to be general discontent with the onion regulations, and trade at present is extremely slow.