CANTERBURY MARKETS.
Per Press Association. CHRISTCHURCH, March 1. No change is reported in the wheat market. Occasional lines are being purchased by millers at 5s 7d to 5s 7Jd on trucks for Tuscan, and Hunters at 6s. A good deal of wheat is going into store. Fowl wheat is quoted at 5s 7Jd on trucks for prompt, and 5s 8d forward. Oats are meeting with a weak demand. A Cartons are quoted at 3s 3id to 3s 4d, f.0.b., 5.1., and for B’s 3s OJd to 3s Id for spread delivery equal to 2s 8d and 2s 5d on trucks. Algerians are worth 2s 3d to 2s 6d on trucks. At the low prices farmers are not offering freely. Chaff is dull and has sold at £5 5s f.0.b., 5.1., or about £3 10s on trucks. Some good barley returns are being recorded, but growers outside those who contracted are not receiving a very satisfactory price. It ranges up to 3s 9d on trucks. Most of the contract barley was on a basis of 4s 3d to 4s 6d a bushel. Peas coming to hand are very indifferent quality. Grading yields are also on the disappointing side. No crop was affected by the heavy rains early in the year. Values remain at os 3d to 5s Gd a bushel on trucks. There is no inquiry from Home, but the market there is reported to be firm. Akaroa cocksfoot is selling at Bd, and id more being paid for exceptional quality. Machine-dressed is quoted at Is Oid. Perennial and Italian ryegrass are unchanged, being quoted at 4s 6d and 3s 6d to 3s 9d respectively for fanners’ dressed. Potatoes retain the firmer tone mentioned in the mid-week, though values are not moving to any extent. Some business has been done for March-April at £5, f.0.b., s.i., but sellers now want £5 2s 6d. July-Sep-tembers have been sold at £6. A few inauiries have come from Auckland for March delivery. Values on trucks remain at £3 12s 6d to £l3 15s. Onions are inclined to be weak. The crop is earlier this season, and generally is of an excellent quality. Main crop is quoted at £4 10s to £4 15s.
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Bibliographic details
Manawatu Standard, Volume XLIX, Issue 80, 4 March 1929, Page 5
Word Count
368CANTERBURY MARKETS. Manawatu Standard, Volume XLIX, Issue 80, 4 March 1929, Page 5
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