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GRAIN AND PRODUCE.

No new features have exhibited themselves in the grain market during the past week. Wheat of good quality continues to sell at 3s 6d f.0.b., although there is no anxiety to operate evinced even at that figure. Advices to hand by the last English mail all point to favorable prospects for the next harvest, both there and in America. On the Pacific Slope the prospects are reported to be “ brilliant,” the rain fall having been abundant, and well distributed. No doubt such reports tend to make the British consumer cautious in his operations. Flour is in good demand, owing to the quality being superior to the Southern article this year. Millers report that they find it necessary to keep their mills constantly working. We repeat last week’s quotations of .£lO and .£ll for country and town brands respectively. Oats continue to come forward freely at 1s 2d to Is sd, according to quality. The latest Melbourne quotations show a rather worse market there. There is no change to note in the value of barley, only choice samples are saleable at a fair price, lower grades being only saleable at feed prices. Potatoes are coming to hand freely, and so far we have not heard any complaints about quality. It is to be hoped farmers will continue to be careful in bagging, as even when prices are low they should be as faithfully picked as when they are high. Several sales are reported at 255. Butter and chee=e are unaltered at 9d and 4d respectively. Curers have not yet given out their prices for new cure hams and bacon.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GLOBE18800515.2.16

Bibliographic details

Globe, Volume XXII, Issue 1942, 15 May 1880, Page 2

Word Count
271

GRAIN AND PRODUCE. Globe, Volume XXII, Issue 1942, 15 May 1880, Page 2

GRAIN AND PRODUCE. Globe, Volume XXII, Issue 1942, 15 May 1880, Page 2

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