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CORN EXCHANGE.

I The following is the report of the Corn Exchange for the week ending Friday evening, February 27th: — Tte weather still continues favourable for harvesting operations. The farmers have not ben unmindful to take advantage of thia. In many parts of the country the grain i 3 now safely in stack. Threshing machine reports, take them all in all, show a large yield per acre. Large quantities of grain are now coming to hand from the country stations. The great bulk of the wheat is being shipped for Loudon on growers' account. Latest reports from Home continue to show the market firm. Timaru advices report wheat at 3s 3d to 3s 6d, but no business doing, the farmers having determined not to take less than 4s. Wheat.—A few large sales were repsrted dnnng the week, but a 3 a rale the farmers art either shipping on the r own account, or in joint venture with the merchants. Sales have effected during the week at equal to it f.o.b. Several large parcels are under offer at the foregoing figures. Barley is in better supply. Several large parcels have changed hands at full rate 3. The quality now comiDg forward is better than at the commencement of the season. The demand is fairly good. Prime malting quality will command 3s 8d to 3a 9d per bushel. Medium to inferior samples are not much sought after. Oats are coming forward very slowly. There is little or no outside demand except for really first-class samples. The local requirements are more than supplied. The remarks in la=t week's report respecting trial shipments of oat 3 to Great Britain is now confirmed by arrangements being made for shipment. Prime milling samples are saleable in limited quantities at Is 3d, feed parcels at Is 3d to la sd. Grass seed is in better demand, but the large quantity offering precludes any improvement in price. Quotations a 3 before, 2a 6d to 2s 9d. Cocksfoot is a complete drug, although the samples offering are all that could be desired as to quality, while the price is_ absurdly low, and such as will not compensate the growers. Prices are nominal. Cheese and Butter I—There 1 —There is no change_ to note in the former article, -Id to Sd per lb being the prices at which business is done. For the latter a better feeling is evinced by purchasers for ontside demand; parcels aia saleable at from 7d to Bd,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18800227.2.13

Bibliographic details

Globe, Volume XXII, Issue 1876, 27 February 1880, Page 2

Word Count
412

CORN EXCHANGE. Globe, Volume XXII, Issue 1876, 27 February 1880, Page 2

CORN EXCHANGE. Globe, Volume XXII, Issue 1876, 27 February 1880, Page 2

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