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CANTERBURY CRAIN AND PRODUCE MARKET.

(Lyttelton Times, July 1.) The past week has seen no great changes in the grain and produce market, and generally business is rather on the slow side. .This month, according to Government regulations, another Jd is added to the Xjrlces of wheat per bushel, but the increase is really immaterial, as farmers have got lid of nearly all their wheat. Tile market for Garton oats eased somewhat during tho week. This is probably due to the uncertainty existing regarding the Home market. Some merchants consider that, as the Northern Hemisphere oat crop will be coming in before any stuff shipped from New Zealand can now reach England, the prospects for Dominion oats are not bright. Other merchants are of opinion that if the reported drought in England results in the partial destruction of the oat crop there, a demand will be created for New Zealand oats. The following will .give some idea of the quantity of oats shipped to the Old Country since .this season’s export trade began:—The Shropshire, which sailed from Lyttelton recently, took 1030 sacks; the Banffshire, which is loading at Bluff, is to take 8000 sacks; the Karamea, which is at present loading at Lyttelton, has 5257 sacks, but none from Lyttelton, she having lifted 4778 at Dunedin, 442 at, Oamaru, and 37 at Timaru ; the Port Kembla, which is loading at Lyttelton, and the Port Napier, which lias sailed, will take about 1000 sacks between them. This gives a total of about 15,257 sacks for the vessels named. The chaff market is weak consequent on the poor demand locally and the fact thht none is being shipped to the North Island. The linseed market is very dull, and it is difficult to quota prices. The demand has fallen away, and merchants are not at all keen to buy. A fair amount of business is being done in ryegrass, cocksfoot., and clover, all of which remain firm at late rates.

The potato market is brightening up, and a fair number of orders are being received from Auckland, where the market is reported to be about cleared. However, merchants arc not prepared to offer farmers much more than £3 per ton on trucks at country stations, because Auckland is not offering more than £4 per ton f.o.b.s.i. Some farmers, who have just dug their crops or want to clear their sheds of potatoes, are. selling at the present rate, but those who have them in pits axe hanging on for a better price. The onion market is dead, and there is nothing to report with regard to it. The following are quotations for produce to be paid to farmers, at country stations, free of commission, sacks extra except where otherwise stated:— Milling Wheat,.—According to Government prices: Tuscan. 7s lOjd, f.o.b. ; Hunters, 7s ll jd ; Pearl, 8s 2-jd. Oats. —“A” Gartons, 2s 9d to 2s 10d; “B” Gartons, 2s 8d to 2s 9d; Algerian, 2s to -2s 3d. Chaff.—£3 5s to £3 10s.

Perennial Ryegrass.—2s 9d to 3s 3d. Italian Ryegrass.—2s 9d to 3s 3d. Cocksfoot. —sjd to 6jd. Barley.— 3s to 3s 3d. Capo Barley.—2s 6d. Red Clover.—6d to 71,1. White Clover.—9d to Is 3d. Potatoes.—£3. Onions.—£3 (nominal). Peas. —Partridge, 5s 6d to 6s. Linseed.—£l2 ICs to £l3 (nominal). Flour.—According to Government prices i £2l per ton, f.0.b., Lyttelton, Timaru, and Oamaru. Bran. —According to Government prices : £6 to £6 10s per ton, according to packing:, f.0.b., southern ports. Pollard. According to Government prices: £9 to £9 10s,- according to pack> ing, f.0.b., southern ports.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19210705.2.31

Bibliographic details

Otago Witness, Issue 3512, 5 July 1921, Page 10

Word Count
592

CANTERBURY CRAIN AND PRODUCE MARKET. Otago Witness, Issue 3512, 5 July 1921, Page 10

CANTERBURY CRAIN AND PRODUCE MARKET. Otago Witness, Issue 3512, 5 July 1921, Page 10