CANTERBURY MARKETS

Press, Volume LXIII, Issue 19180, 10 December 1927, Page 12

CANTERBURY MARKETS

harvest prospects. (BT OUR COMMERCIAL SDITOB.) Friday Evening. Though somewhat early yet to talk of harvest prospects, it is noteworthy that the weather experienced this week, as compared' with the previous week or two, has put much heart into the growers of crops. The fino warm days that have marked this week, and their continuance, is just the kind of weather wanted at this time of the year to help to bring about a good harvest.

From the point of view of business ill grain, the present is the time of the year when it is, practically, at its lowest ebb. For all intents and purposes quotations are unchanged. A firming in the price of fowl wheat is recorded, Cs lid per bushel, f.0.b., being quoted. Supplies are reported as becoming short, and not too easily obtainable. A few occasional orders from the North Island continue to be received for good oats. Garton A's are quoted at 3s isd to 3s 6d, and B's at 3b 2d per bushel, f.0.b., s.i., Lyttelton. Forward quotations, March-September, 1928, are: A\s 3s sd, B's 3s 2d.

Supplies of oltl potatoes are reported to be exhausted. ■ Forward quotations for new potatoes, April. May, and June, range from £4 I2s Cd to £-1 15s, f.0.b.. s.i., but no business, has been done at these prices. With the exception of a little more enquiry for local perennial ryegrass, there is nothing noteworthy to record regarding the market for seeds. Quotations. Tlio following are quotations for produce, to be pair) to farmers, sacks extra, except where otherwise stated:— Wheat —6s 7d per bushel for Tuscan. Oats—Gartons 2s 6d to 2s 9d a bushel; Algerians to 2s 9d. Chaff—£3 per ton. Potatoes— £4 to £4 10s. Red Clover—To lOd per lb. White Clover—9d to lOd per lb. Perennial Ryegrass—2s 6d to 2s lOd per bushel, Italian Ryegrass—ls 6d to Is lOd per bushel.

Cocksfoot —7d per lb. Linseed—Up to £l3 10s per ton. Bran—£s 10s per ton, f.0.b., southern ports; 10s extra for smaller packings. Pollard—£7 10s per ton, .f.0.b., southern ports; 10s extra for smaller packings. Flour— Local wholesale price, £l7 10s per ton for 2001b sacks with the usual increments for smaller packings. Price for shipment, £l7 10s per ton, freight paid to main New Zealand ports. DUNEDIN. [THE PRESS Special Service] DUNEDIN, December 9. Very little interest is being displayed in the wheat market by millers, who are holding fair supplies. The local stocks of fowl wheat are on the light side, but on the other hand the demnnd is quiet. The value to-day is 0s 6d per bushel, sacks extra, ex truck, for good quality. The oats market remains quiet, with a poor enquiry. Stocks for this period of the year are very light, and in ordinary times would be barely sufficient to meet the demand. Reports go to show that the growing crops are not very promising at present, but if some heat Is experienced from now onwards they should improve considerably. Tho present quotations aro 3s 5d per bushel, f.0.b., s.i., for A gTade Gartons, and ;is 2d per bushel for B grade. Odd sales are going through at these prices. The chaff market is fairly bare of supplies, but the demand is limited. The value of the best quality to-day is £5 per ton, sacks extra, ex truck. The season for old potatoes, is now about (Wished, and only odd lines are available. The quality of these is not of the best, 1 and to-day's valut is about £6 to £7 per ton, sacks included. Supplies of new potatoes are being brought down from tho North Island. There is very little doing in seeds at present. There is no export demand, and business is now confined to the local retail trade. Reports regarding the new crops in Canterbury seem to be favourable, but owing to (lie backward growth in Otago and Southland farmers have been unable to shut off many paddocks for saving ryegrass. SOUTHLAND MARKETS. (SPBCUL TO THJ SPBI9S.) INVERCARGILL, December 9. Oats —There is very little to report, as business in the oats market seems about finished. Merchants' surplus stocks are cleared up, and there are exceedingly few oats offering from farmers. Nominal values run about 3s 6d, f.0.b., s.i., for A grade and 3d less for B's, the equivalent to farmers being 2s 8d for A's and 2s 5d for B's, on trucks country stations. Wheat —In this market there is no business of any extent, transactions being restricted to the local fowl feed trade. Value to farmers !b nominally 6s 3d, on trucks country stations. Chaff —Supplies of chaff aro coming to hand slowly, but these are sufficient to meet the limited demand. Price to farmers for good quality, which is always in demand, is £4 ss, on trucks country stations. Inferior lines are not wanted, and are only saleable at a considerable reduction. Ryegrass—The demand for shipment has been rather disappointing, although some sales havo been made recently. The market is still in a dull state, there being no stocks offering from farmers. Nominal values on trucks, country stations, is about 2s 6d per bushel for best quality. Potatoes —The Beason for old potatoes is about over, and supplies aro difficult to obtain. Any lots lately purchased by merchants have come from the north. The local demand is being supplied from the north with new season's lines, and a few early Southland lots. FEILDING STOCK SALE. I (rRESS ISJOCUTIO* TT.LIOHAU.) FEILDING, December 9. The entry at the FeUding stock sale consisted of over 2000 sheep and about 100 cattle. There was a Jarge attendance of buyers and bidding was brisk, practically the whole yarding being sold under the hammer. Some good lines oi store two-tooth wethers and two-tooth ewes realised good prices. Wothers wore slightly easier, Fat two-tooths realised 25s 6d to 275, fat ewes 15s lOd to 22s Id, fat wethers 24s to 27s 2d, fat maiden ewes 236. Stores: Two-tooth wethers 22s to 23s sd, two-tooth ewes 27s to 29s 2d, four-tooth wethers 22s to 23s 6d, small two-tooth wethers 18s lOd, empty woolly ewes 23s 3d, ewes and lambs 33s 6d to 43s 3d. Springing heifers brought £5 5s to £6 10s, cows in milk £4 to £8 ss, store cows £3 16s to £4 178, springing cows £7, heifers in milk £5 10s to £7, fat cows £4 to £7 2s 6d, forward cows £3 lis to £4 10s, yearling heifers £3 13s to £3 18s, empty heifers £4 Is to £6 7s 6d, Polled Angus steers £4 15s, three-year rough steers £6 to £6 15s. LEESTON STOCK SALE.

Yesterday's stook sale at Leeston drew a good attendance, but entries of stock, with the exception of storo pigs, were not so numerous as usual. There were very few sheep, and the majority offered were old ewes and wethers of a nondescript type. Fat pigs totalled 51, store pigs 190, and cattlo 27. A ijood proportion of the fat piga were porkers. Prices for fat pigs did not show any improvement upon those ruling at the previous sale. Stores, particularly gome of the pens of weaners, brought prices out of proportion to those obtained for fats, there being a fairly good demand. There was not much change in rattle values. The sheep sales were:—2l fat ewes at 29* 9d, 15 at 25s 9d, 2 at 19s, 22 aged ewes 10s, 30 aged wethers lis 9d, 27 at 13s 6d. Porkers ranged from 35s Gd to 56a Gd, baconers from COs to 68s 6d, choppers £2, large stores from 265, medium from lGs, weaners from 7s. Springers ranged from £7 to £B, fat cows £1 15s, fat steers £lO se, store steers £4 os, 12 to 18-months heifers £3 12s 6d to i'i 28, heifer just,calved £5 6s, and bull £i. FROZEN MEAT. Dalgoty and Company, Limited have received the following cablegram from their London office, dated December Bth: Frozen Meat—Quotations are unchanged except for Argentine chilled beef, prices for which art a halfpenny per lb higher.