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The wheat market (says the Oamaru “Mail”) is m a very uncertain condition, and old wheat has come down with a mild rattle. One line of 2000 -sacks was offered last week for Ss and Ss 3d was declined. The owner, in Dunedin a day or so after, could get no better "bid than 3s Id, on trucks at Studholme. Coming back'' to Oamaru, the highest price was 3s net —i.e., on trucks. The fact is that dealers will not buy any more old wheat at present, and it is rather problematical how the market for new will open, blit it is not anticipated that the price. will be over 3s. The weather is too uncertain to he able to say with any confidence in what condition the crop will come on the market, and old wheat may be valuable yet, because there is always an inexplicable tendency with farmers to thresh the grain on the soft side.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL19060314.2.126.1

Bibliographic details

New Zealand Mail, Issue 1775, 14 March 1906, Page 53

Word Count
158

Page 53 Advertisements Column 1 New Zealand Mail, Issue 1775, 14 March 1906, Page 53

Page 53 Advertisements Column 1 New Zealand Mail, Issue 1775, 14 March 1906, Page 53

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