GRAIN AND PRODUCE

New Zealand Herald, Volume LXXIII, Issue 22352, 25 February 1936, Page 5

GRAIN AND PRODUCE

TRADE IN AUCKLAND RAIN AFFECTS WHEAT CROP HEAVY POTATO SUPPLIES Rain and floods in Canterbury have affected the outlook for wheat, oats and chaff, one of tho principal effects iTeing that a larger proportion of the wheat will bo of fowl wheat grade. Grain and produce markets in Auckland otherwise remain quiet, with heavy supplies of potatoes and onions. POTATOES The market is well supplied with potatoes and prices remnin weak at uiV'to Us 3d a bag, through store. In addition to I'ukekoho supplies, small parcels have come from the Ohakuno and Rangitikei districts, but these were bought forward when prices were high last October. During the rain in Canterbury the market in Chiistchurch jumped 17s 6d a ton, but later receded 10s. ONIONS The market is glutted with onions and inquiry is slow. They are nominally quoted at up to ,*)s Od a bag, through store. FOWL WHEAT The wot weather in Canterbury is expected to result in a larger proportion of fowl wheat being available, and this mn.v tend to weaken the future market. At present it is difficult to get prompt quotations on account of the rain delaying threshing. Store slocks are light, but a shipment is due to-da.v. Current prices are unchanged at 5s lid a bushel, through store. MAIZE Store stocks of maize are very light, and the only quantities available until the now crop is ready will be a direct shipment from South Africa due on March I'J, and a shipment from Java about May 12. Reports from the Bay of Plenty and Gipborne indicate that the crops were not n* badly damaged in the storm as wan earlier estimated. Values are steady at Ha 9d a bushel, through store. OATS AND CHAFF After declining fairly rapidly the oats market is steady. This crop also has been affected by had weather, although not to tho same extent as wheat, as a large proportion is grown in Otago. Through store values are unchanged at around 4s a bushel. < Chaff is also of sale, but the Southern position is firm. Local prices are unchanged at £7 17g Gd a ton, through store. BRAN AND POLLARD Pollard is still very firm, and local mills, through the Wheat Committee, are unable to supply in full quantities. Australian pollard is worth £8 10s a ton ex i wharf, or i'B 17a 0d a ton, through store, j There is little demand for iran. which j is woith £G 15s a ton, through store. i