POTATO MARKET EASIER

Taranaki Daily News, 20 February 1932, Page 5

POTATO MARKET EASIER

INCREASE IN PRICE OF ONIONS. TREND OF CANTERBURY MARKET. By Telegraph.—Press Association. Christchurch, Last Night. The potato advance recorded at the mid-week continued to a slight extent later, and up to £5 12s 6d, f.0.b., was paid in" a few cases. However, as the result of rain there is an easier tendency, and to-day buyers are not operating'at £5 10s for April-June delivery, whilst July-September is quoted at £6 10s to £6 12s 6d, with an absence of buyers. The truck price is from £4 2s 6d to £4 10s a ton, but farmers have not appeared much in the operations so far, the business being of a speculative character.

Other active interest in the market is provided by onions. On the present Australian prices there is a margin for export, but not a very substantial one, and the market to farmers has improved 'by 10s a ton on trucks, the price being £6. There is no change in the oats market. Fowl wheat is quoted at 4s 6d for prompt. Millers are not buying so freely. The break in the weather will interrupt deliveries a little. Business has taken place in small seeds with the north. Cocksfoot is scarcely so firm and Peninsula is quoted at 6Jd a lb, plains 4d to sd. White Clover, which is likely to be a short crop, is selling at Is 6d a lb, a case or two of more than this price for particularly good seed being recorded.