PRODUCE MARKETS.

Otago Witness, Issue 3885, 28 August 1928, Page 20

PRODUCE MARKETS.

CHRISTCHURCH, August 21. Business has just resumed after Grand National Week, and there are few movements in prices to be recorded. The wheat market continues quiet, although a little better demand for milling quality is reported. Negotiations are proceeding to induce millers, whose agreements with Distributors, Ltd., are running out, to sign up again. The market : fon Garton oats is unchanged, but it is reported that a few parcels have been sold during the last day or two. Although the market is slightly firmer, prices have not been altered. ’ A; further slight firming of the potato market is recorded since last week-end, the advance being about 5s ner ton. J’V.r August-September delivery £6 ss, f.0.b., s.i., is quoted—equivalent to £4 15s uo £5, on trucks, to farmers. The Kaitoke took approximately 4000 sacks for Auckland, and the Wingatui, which is loading at Timaru, is due here on Thursday to take a good quantity for Auckland. Inquiry from Auckland for prompt delivery is somewhat better. August 24. The grain and produce markets have been fairly quiet during the week in wheat, and operations are practically at a standstill, Farmers are-holding, and as millers are,well stocked they are not operating. Prices, which aremore or less normal, are 5s 2d to 5s 6d. ... j ;; Oats show an improvement, A Gartons being quoted at 3s IOJd to 3s lid, f.0.b., s.i., and B’s 3s sd. • . ... . .... .» The potato market is a little easier. The WingatuLi* reported to be taking .6100

sacks from Timaru, and a smaller quantity from Lyttelton, but it is believed that the market will improve shortly.' The price to farmers is £4 15s. The seed market continues quiet, with little or no business passing.