CANTERBURY MARKETS.

Press, Volume LXVI, Issue 20092, 22 November 1930, Page 12

CANTERBURY MARKETS.

(»T OUR COUMKRCIAt. EDITOS.) Friday Evening. The grain and produce market is practically lifeless. Speculation business, which generally provides some interest between seasons, is negligible. The potato season has continued slightly longer than expected, a few consignments going to Auckland bv each boat. However, prices are still at bedrock, nominal quotations being up to 35s a ton on trucks. The prospect of an increase in the nest season's area is operating against forward contracting with growers, a policy fairly general as u rule at thi.s time oi year. On the other hand, northern merchants are satisfied that there will he plenty of potatoes next season, an.i <-n<juiry from them for deliveries is nil. Seeds and oats are meeting with the slightest enquiry, and then only in retail quantities. It is many ycara sines the market has been s;i dull in November as this year. Quotations. The following are quotations for pro duco to be paid to farmers, on trucks, free of commission, sacks extra except where otherwise stated:— Wheat —Tuscan 6s, Hunters 3s 2d. Fowl Wheat —Cs 2d f.0.b., s.e. Oats —A Gartons, local 4s, B's 3s lid, for prompt; Southern .S3 3d for B's to 3<i 7d for A's, f.0.b., s.i. Chaff —£4 10s to £4 los a ton. Barley —Cape 3s 6d, malting 4s to 4s ' 3d. Potatoes —£1 10s to £2 a ton. Red Clover —Id per lb. White Clover —8d to lOd per lb. Perennial Ryegrass—4s 6d to 03. Italian Ryegrass—4s to 4s 3d. Cocksfoot —7d to 8d for farmers' dressed lines of Akaroa seed; Plains, Cd to 7d. Peas —No. I's, 4s 9d to .~s; f.a.q.'s, 4s 2d to 4s 6d. Bran—Local, £6 a ton, f.0.b.; shipping, £5 a ton, f.0.b.; 10s extra for smaller packings. Pollard —Local, £6 5s a ton, f.0.b.; shipping £4 15s a ton, f.0.b.: 10s extra for smaller packings. Flour —Wholesale price £,16 15s a ton for 2001b sacks, with the usual increments for smaller packings. ASHBURTON MARKET. Very little business is taking place in the grain and produce market, merchants reporting a very quiet time. Millers oppea-r to have sufficient supplies of milling wheat for their requirements. There is a fair demand for small seeds as the weather has been favourable for sowing. The oat market is easier, and very few sales have been reported. Tnp chaff market has again receded, most farmers being anxious to quit their surplus stocks before the new sea-son. The following are quotations for grain and produce to be paid to farmers on trucks, sacks extra : Wheat—Tuscan, good milling, 5s lid to 6s; Hunters, 6s 2d; Velvet, 6s 3d; fowl wheat, 5s 6d. Oats —A Gartons, 3s Id: B Gartons, 3s; Algerians, 3s 3d to 3s 9d; dark Duns, 3s 9d; feed, 3s 3d to 3s 6d. ISyegrass—Perennial. Es to 5s 6d; Western Wolths, and Italia-n, 4s to 4s 6d. Clover—Red, 5d to 6d; white, 8d to 9d. Cocksfoot—Farmers' dressed, 7d to 8d C'hafE—Good bright oatsheaf, £4. Peas—Partridge peas, 4s 3d to 4a 9d. Potatoes-—Whites and Dakotas, £1 5s per ton.

DUNEDIN. [THE PEESS SpeclU Ber7ice.3 DUNEDIN, November 21. The milling wheat market continues very quiet. Stocks are sold out of farmers' hands, and merchants also hare few lines to place. Prices remain unchanged, and are likely to continue so till the new season's wheat is available. Supplies of fowl wheat are just about sufficient for the demand. The current value is 6s 3d to 6» 4d per bushel, ex truck Dunedin, sacks extra.

The broken weather experienced this month has stopped the sowing of late crops of oats to a large extent, and as the season is now well advanced there is not much likelihood of further areas being put down in this cereal. According to Government statistics, however, there will be & larger area of oats sown this year than last season. The greater part of the increased area will probably be in Canterbury and North Otago. The only grade Gartons that are available for shipment from this port are held ou behalf of Canterbury, merchants, and they are quoting 3s 6d per bushel f.0.b., s.i., for A Gartons and 3s 5d for B's. These prices are equivalent to 2s 9d and 2s 3d respectively on trucks, country sidings. As prices for chaff have fallen considerably in Canterbury, the prospects of any shipping being done from Dunedin are remote, if they have not disappeared altogether. Some North Island merchants, however, are still prepared to buy best quality Central Otago chaff at prices above the ordinary quotations. Ample supplies of chaff are coming forward to meet the local demand, which is not very great. Prices may b« given as £5 5s a ton, ex truck Dunedin, sacks extra, for the best quality, and £5 10s ex store. The prices for lower grades are irregular. Business in old potatoes is now drawing to an end. As has been the case durinjr the past two or three seasons, there have' this season been slightly more than sufficient supplies to meet the demand. Good quality freshly picked tubers may be quoted at from £3 to £4 a ton, according to soundness. Stock and station agents report quite a fair season for all small seeds, but the wholesale business at the present time is very restricted.

SOUTHLAND

(SIPECTAt* TO THE PRISS.) INVERCARGILti, November 21. Oats—This market continues dull and the price offering for shipment for A Gartons is 3s 6d per bushel f.0.b., but local merchants tire not holding heavy stocks and ar© not sellers at that figure, their quotations running from 8s 7d to 3s 8d per bushel f.0.b., s.i. for A's, and a Id per bushel less for 3's. The equivalent \*alue to farmers on trucks is about 2s 9d for A's and 2s 7d to 2s 8d for B's, but at present there is nothing: offering. Wheat —Business is still confined to sales for the local poultry trade. The value to farmers is nominally from 5s lOd for Tuscan to 6s 4d for VcWtt .for milling purposes, and 5s 7d per bushel for fowl wheat. Chaff—The shipping market is exceedingly dull, and only occasional lines are beh._, sold at from £5 15s to £5 17s 6d per ton f.0.b., s.i. The nominal price to- farmers for good, bright ontsheaf quality is £4 per ton. but merchants are not anxious to buy at this figure. Grass Seed—Most merchants are holding only sufficient to carry them through the local seed trade, and there is little available for shipping orders which are coming to hand at from 6s 9d to 7s 3d per bushel according to qunlity. Ther* ar? no offerings from fnrmers, and consequently there will bo very little business done till the new season's crop comes in. Italian is worth 6s 6d to 6s 9d per bushel for shipment, and crested dogst&H of export qunlity is realising 8d to BJd per lb. Potatoes—Supplies of local potatoes are now casing off, but fhere still will be fair quantities wanted before the new season's crop is available. These can be drawn from Canterbury at a fairly low figure should they j be required. Values to farmers for Arran i Chiefs run out at £3 per ton on trucks country stations. *nd good lines of King F.d- ] wards would probably command £1 per too j more.

LONDON PRODUCE PRICES. LONDON, November 20. Flour—Demand weak. Australian, ex store, 22s to 23s per sack. Oats, peae, and Leans nre quiet. Beet Sugar—December delivery, 4s 7Jd per cwt. MELBOURNE MARKETS. MELBOURNE, November 21. Flour —£8 to £8 5s per ton. Bran—£i ss; polJard, £5 per ton-. Oats—2g to 2s 3d per bushel. Barley—English 3a per bushel. Maize—4s id per bushel*