CONDITION OF THE GRAIN MARKET.

Evening Post, Volume LXXIX, Issue 81, 7 April 1910, Page 8

CONDITION OF THE GRAIN MARKET.

[BT TELECRAPJT— THESS ASSOCIATION.] CIIRISTCHURCU, This Day. Although threshing is well forward, and under normal circumstances the grain season should be at its height, the amount of business passing is comparatively smaP. This is attributed mainly to the fact thnt there is an unusually large proportion of inferior grain, owing to the prevalence of rain during harvest. Much of the wheat placed on offer during the week was seriously discoloured, some had badly sprouted, making buyers chary, except at relatively low figures. Few lines of pritno quality have been offered recently, and generally speaking tho highest price obtained h.is been 3& 7d on trucks at country stations, but for really prime tuccan perhaps another penny a bushel could be obtained, although it is difll cult to guage the market, since co very littlo of this quality is being placed on offer. The bulk of lines that changed hands during last week was on a basis of 3s 4d to 3s 6d, but lines badly damaged failed to find purchasers nt m higher price than 3s. Several lines • have been taken by speculators during tho week, some being sprouted, but ns most of this is quite dry it is anticipated that later it can be shipped and placed at Home for milling purposes, ( the grain being very good except that the flour made from it will be weaker tlian from unsprouted wheat. Firmness in the oat market continues, and really good oats are very scarce, the bulk offering being moie or less weatherstained.