GRAIN AND PRODUCE
THE CANTERBURY MARKETS (Per Press Association.) . CHRISTCHURCH, Dec. 5. Little change has taken place since tho week-end. Interest centres principally around the new crops, which so far promise to be Rood, as conditions have been exceptionally favourable, but there is very little forward business. Speculation, indeed, has rarely been so small at this season of the year. The Wheat Pool Board has secured the necessary acreage to enable it to proceed with its objects, and merchants and millers are awaiting developments. Trade is very quiet, most of the millers having bought fairly well ahead. Oats are unchanged, but as the acreage is statistically estimated to be the same as last yea r the season is promising well and a good crop appears probable. From present appearance it will have to be marketed in the Dominion. Prices have sagged to a very low point in the Old Country and tho new crop is coming in in the Commonwealth, with indications of a yield that will make importation unnecessary. A fair amount of forward business has been done in onions at £5 a ton, on trucks. This is one of the few products that is attracting forward speculation. Seeds show no change and chaff remains steady at recent values.
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Bibliographic details
Wanganui Chronicle, Volume 71, Issue 290, 7 December 1928, Page 8
Word Count
210GRAIN AND PRODUCE Wanganui Chronicle, Volume 71, Issue 290, 7 December 1928, Page 8
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