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GRAIN REPORT.

Messrs Samuel Orb and Co., Stafford street, report for the week ending June 15 as follows :— Wheat.—The market for wheat is much about the same as last week, there being no inclination on the part of milters to speculate further than for immediate requirements, even though stocks in town and country are but small. Prices are, however, not altered in any wav, and may be quoted at—for prime milling, all qualities, up to 4s Id; ordinary, 3s 9d to 3s lid; medium, 3s 6d to 3s 8d; fowl feed, in great demand, up to 3s sd, if free from smut and whole. Oats.—ln our report last week we mentioned that our intercolonial markets did not warrant the prices that were being paid or speculative demand, and this has been further confirmed, as the markets in both Sydney and Melbourne have suffered a good drop, the former especially; consequently the demand has not been near bo great as it was in the middle of last week. We still think that present prices will be maintained, even in the face of our desponding Australian markets. As usual at this season of the year, the supply reaching our market is but small. We quote prime heavy bright milling, Is B§d to Is 9d; bright heavy feed, Is BJd, at which we sold for J.C. (Tuapeka West) and W.H. (Biversdale), while for D.R. (Lawrence) Is 9d; medium sorts, Is 7Jd to Is 8d; inferior and discoloured, Is 5d to Is 7d. Barley.—Very little offering; but maltsters are nearly all stocked, and only something prime tempts them to operate. Milling is in demand at up to 3s 9d: malting, worth 4s Id ; feed, up to 3s 3d. Grass Seed.—Our aales of all classes grain for the week were 9600 bushels. Nothing doing in rye grass

yet. Cocksfoot, as reported last week, being out of growers' hands, better prices might be expected soon. This has been practically substantiated, as ?n advance of f d per lb has taken place, and we fear it will be more by the spring. Potatoes.—Market still glutted, but with the present bad weather supplies will all but cease. We quote Derwents, 30s tor 37s 6d; kidneys suitable for seed, up to 555.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18870617.2.76.5

Bibliographic details

Otago Witness, Issue 1856, 17 June 1887, Page 18

Word Count
373

GRAIN REPORT. Otago Witness, Issue 1856, 17 June 1887, Page 18

GRAIN REPORT. Otago Witness, Issue 1856, 17 June 1887, Page 18

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