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GRAIN AND SEED REPORT.

Messrs Wiliiam B. Bbtooidjs and 00., Stafford street, report for the week ending Ist April as follows : —

The weather during the past week has been all that could be desired for harvesting operations, and the hum of the thresher can now be heird in nearly every diatriot, and grain consequently is coming In more freely, especially from the Taieri and northern districts.

Wheat.— The market for this cereal has undergone no material change since our 'last report. Advices from Home are hardly definite enough to encourage much speculation, and we therefore do not expect any further rise unless market at Home advances still further. Millers are now buying freely at prices quite equal to quotations, and any locs coming forward are readily disposed of. especially prime lines of northern velvet and Tusosn, which we quote up to 4s to 2d ; other sorts, 3s lOd to 4s ; inferior, from 3s 5d to 3s lOd.

Oats.— The depression In the state of the market indicated by us In last week's report has not lifted, and prospects are not at all encouraging. So far not a great quantity has come forward, although samples are coming In freely, and it is difficult to find a buyer even at quotations for these, as the few lines now on the spot are about sufficient for present requirements. There is but very little shippiug beiDg done, and as crops in Australia are likely to be almost suffioiont to meet the local trade it Is dlffioult to see where we are to get an outlet for any great quantity. We quote prime milling. Is 5d to Is 5Jd ; good bright plump feed, Is 4d to Is 4M; inferior, Is 2d to Is 3d-

Barley is in good demand, especially good sound malting parcels. There is an impression prevailing that crops are not large this season, consequently brewers are buying freely. Inferior sorts, on the other hand, are hard to place even at quotations. We quote prime malting, 3s Id to 3s 3d ; medium, 2s 6d to 2s lOd ; feed lots, Is lOd to 2s 3d— sacks extra. Byegrasa.— A few samples of this seed still continue to come to haud, but iuquiry is by no means as keen as it was ; still lines are not difficult to p>ace at quotations, which are: Machine dressed, 5a 3d to 53 6d ; medium, 4a 9d to 5s j good, clean farmers' lots, 4s 3d to 48 7d ; inferior aud dirty, 3s to 4j. Cocksfoot is not so keenly sought after, and priceß may be said to be slighMy easier. Although at o;;ks sre very light, there is a Uok of speculation at tbe present high prices, aad there is not much likely to b9 done In this seed until the spring nebs iv. We quote bright heavy seed (very littli offering), s|d ; medium, 4d to 5d per Ib. Potatoes ai-e next to unsaleable, owing to theie being no export outlet, and prospects are anything but encouraging. Prime Derweu^s are worth £2 to £3 12s 6d ; other oorts considerably less, according to quality; while kldnejs have been selling as low as 30s.

I Obaff ia In fair demand, the supply forward being limited. Prime is worth up to 455 ; medium, 37# 6d to 42s 6d ; inferior, 323 8d to 378 6d per ton.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18910402.2.73

Bibliographic details

Otago Witness, Issue 1936, 2 April 1891, Page 18

Word Count
555

GRAIN AND SEED REPORT. Otago Witness, Issue 1936, 2 April 1891, Page 18

GRAIN AND SEED REPORT. Otago Witness, Issue 1936, 2 April 1891, Page 18

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