CANTERBURY MARKETS

Evening Post, Volume CVII, Issue 82, 5 April 1924, Page 11

CANTERBURY MARKETS

(»* TILEGRAPU,—PItESS ASSOCIATION.)

CHRISTCHUECH, 4th April. Tho fears expressed in some quarters that wheat would drop to a 'low value next season were set at rest in the minds of a number of growers by the receipt during the. week from at least one milling firm of an offer of the current season's prices—5s 3d for Tuscan and 5s 5d for Hunters. Growers received the communication on Tuesday and Wednesday, and up to this afternoon, as far as could be ascertained.. there was no wild rush to accept the offer. Fowl wheat is very scarce, and is worth as much as milling. It is reported that some farmers are holding in anticipation of poultry raisers springing prices.

Oals are firm, due to . over-sellers desiring to cover April commitments. Merchants have difficulty in some cases in obtaining the port of delivery for the April portion of their forward tales, ana in quite v number of cases there are threats to buy agujngf the uffouilejrs.

for prompt B. grade, or 4s 3d on' trucks. There are few oats offering. Chaff is not bright at present, though it is a shade firmer temporarily on account' of the overselling and consequent fulfilment of deliveries. Up to £7 10s has been paid, or about £5 15s to farmers; up to £6 15s, f.0.b.5.i., has been paid for prompt delivery. Few potatoes are offering. Different reports are coming to hand regarding the prospective yield, but the weight of opinion is that it will be light. Word from the potato-growing district of South Canterbury, however, is that the returns should be good. Practically all classes of seeds are. quiet. Cowgrass on trucks is worth up to 9d, white clover Is 3d to Is sd, cocksfood 9£d to lOd. There is little cocksfoot in farmers' hands.

Peas continue weak, and have been offered at ports at,6s Bd, f.0.b.5.i., without buyers. This is equal to 5s 2d on trucks. - , "- ......