SOUTHERN PRODUCE

Wairarapa Daily Times, 2 July 1928, Page 3

SOUTHERN PRODUCE

OATS “STICKY.” (By Telegraph—Press Association.) CHRISTCHURCH, Friday. The spurt in the potato market has ceased, and values remain at recent reported levels: Some sales of July deliveries have been made at £6 ss, f.0.b., s.i., but sellers generally arc asking £6 7s 6d. August-September deliveries are quoted at £6 12s 6d. Values on trucks remain at £5 a ton. Oats are “sticky” as far as export Home is concerned, but there lias been a minor development in other respects. A sale of B Gartons was made to Australia to-day on the basis of 3s fid, f.0.b., s.i.—the first of white oats this season to the Commonwealth. There to Australia in Algerians, which will has also been a slight revival of export be shipped by the Waiokuaiti in a few days. The Australian business in Algerians has been done on a basis of 3s 7d, f.0.b., s.i., or 2s lOd on trucks for gcod heavy.

Sample wheat remains unchanged. There is so much wheat about of a secondary milling standard that most of the purchases are of this class at 5s 3d to 5s 6d on trucks. G6od milling wheat is unchanged at 5s Bd. White clover, dressed, is quoted at 140 s to 150 s a ewt, or 12d to 13d a lb on trucks. Cowgrass is difficult of sale. Dressed is quoted at up to- 112 s a cwt, or 7MI to B}d alb on trucks. Cocksfoot is quoted at 13d a ID for standard seed, or 8d on trucks. Perennial ryegrass is worth 5s 6d to os 9d a bushel, f.0.b., s.i., or 4s on trucks, and Italian to 4s Od, or 3s on trucks. A jump has been recorded in the south for fescue. To-day it is worth 10M. Stocks in the south are being rapidly absorbed for export to America. Onions are showing a further weakness, local holders now wanting to quote and prices easing to £9 a ton.