GRAIN & PRODUCE MARKET.

Otago Witness, Issue 3882, 7 August 1928, Page 21

GRAIN & PRODUCE MARKET.

CHRISTCHURCH, August 3. Potatoes are a shade brighter. The Waipiata, which sailed yesterday, did not take north the quantity that was expected from southern ports. The cargo was 4000 sacks, and the Lyttelton quota was practically the same. The Kaponga is due to sail early in the week, but her cargo is not likely to be heavy. With the clearance of the tubers at Lyttelton “ Prompts ”-are a shade brighter, and Augusts have advanced by 2s 6d to £6 ss, fo.b., s.i. August-Septembers are ranging about £6 7s 6d. ,A few lots were bought from farmers earlier in the week at £4 15s, but there are few sellers now at under £5.

Offers of wheat have been increasing, the limit of offers being about 5s 7d on trucks, but holders of the best quality arc not showing any haste to accept this figure. Most of the business that is being done is in No. 2 quality, at from 5s 3d to 5s sd. .

Fowl wheat is selling at 5s 6d, for August, and also later delivery. Notwithstanding that the price Ss cheapen

than for, some years, there is not much life in the demand.

Oats are" slack. A Gartons are quoted nt 3s lid f.0.b., s.i, and B’s at 3s 6d, the equivalent of 3s 3d and 2s lOld on trucks. There is no inquiry. Chaff is also meeting -with a lifeless demand. About £3 12s (id is the vajue per ton on trucks at ordinary stations. The market for small seeds shows no change, but practically all classes are firm.