CHICAGO WHEAT MARKET
SHRINKAGE IN ORDERS.
(United Press Association.—Copyright.) NEW YOEK, 29th November.
Chicago wheat commission houses arc beginning to feel the effects of the shrinkage in orders from the general public and professional operators, due to the continued ''bear" market. Chicago is unlikely to increase its stock unless prices advance to a level where it is profitable to move wheat from the Missouri River markets. Bains in Argentina interfered with the harvest, and also possibly damaged the crop in the northern section. Tlio Canadian situation is regarded as most "bearish." AVith 27,000,000 bushels of grain, which is largely wheat,, loaded on the railways and seeking storage facilities, Canadian farmers are selling freely. Interior deliveries are a million bushels a day behind thoso of last year.
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Bibliographic details
Evening Post, Volume CXII, Issue 131, 30 November 1926, Page 9
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126CHICAGO WHEAT MARKET Evening Post, Volume CXII, Issue 131, 30 November 1926, Page 9
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