CANTERBURY PRODUCE MARKET

Manawatu Times, Volume XLIX, Issue 2338, 7 January 1926, Page 10

CANTERBURY PRODUCE MARKET

BAIN BENEFITS CROPS. CHRISTCHURCH, Jan. 5. Merchants have not been rushed since resuming business after the holido.ys, there being no accumulation of orders to handle. However, crop developments ai’c creating a good deal of discussion and expectancy. Reports are that the week-end rain will do a great amount of good in filling out the wheat. The drying winds subsequently nullified some of the good effects, but the rain got well into the ground. Yields as a Vesult will be better than was expected, though, of course, well below last season’s. Though the market is dull it is firm. Oats are likely to be a very short crop in North and most of Mid-Can-terbury, but further south the position is good and normal yields are expected. A good deal of th e crop ir the northern end of the province is already in stock. At the moment forward quotations for A Gartons is 4/G, f.o.b. 5.1., and for B’s, 4/3. Chaff has firmed up during the past few weeks, and good quality chaff is worth, on trucks, at country stations, from £4 10/- to £4 15/- per ton secondary £4 to £4 7/6. There has been a fair local demand. There is very little offering from farmers. An influence in the seed market is the heavy floods in England and on th e Continent. Reports are that a good deal of damage has been done to crops and that instead of much exportation, importation is possible. Perennial ryegrass is In firm de mand at 6/-,. f.0.b., 5.1., for 27-2olb. seed, and to 6/3 for 30-311 b. seed, equal to 4/3 to 4/6 on trucks to farmers. Italian and Western Wolths are quoted at 4/9 f.0.b., 5.1., or 3/3 on trucks. The general opinion is that Canterbury crops will be light. Cowgrass is firm at lOd on trucks with little doing.

Cocksfoot is very quiet. The Peninsula crop will again be small, but the quality will be much belter. Up to 12d, for machine-dressed and to 7d on trucks are quoted.

Potatoes generally are looking well* after the rain, of which they were much in need. Merchants ar ft offering £4 per ton on trucks for the main crop (April-June), but there is little response at this figure. Another 10/a ton would probably lead to business.