GRAIN AND PRODUCE.

Globe, Volume XXII, Issue 2013, 6 August 1880, Page 3

GRAIN AND PRODUCE.

A healthier tone has pervaded the grain market during the week, and some fair sized parcels have changed hands at improved rates. Millers are most anxious buyers of wheat, and several sales are reported at 3s 9d to 3s lid, which must be considered very satisfactory transactions for the growers, seeing the present state of the Home market. At the above prices exporters are practically out of tho hunt, as there is no market outside the colony to which they could ship at a profit. To keep pace with the improved price of wheat, flour has been advanced to £lO 10s to £ll, and considerable sales are reported at the increased rate. The improvement in the value of heavy oats noted iu our last Kaja Jj-een maintained, and fair sales of good milling are reported at up to Is 7d f.o b. to the growers, whilst feeding descriptions continue somewhat neglected at Is 2d to Is 3d. Oatm al quotations continue unchanged at £lO f.o.b. in 351 b bags. Barley of the lower grades continues to be pushed on the market at rates from Is fid to 2s 71. A few sales of good quality are reported at 3s to 3s 3d, with a fa-'-r enquiry, as it is found there is a market in England for really good quality at up to 3s fid f. o. b. here. This being so. farmers would do ■well not to pin their faith exclusively to wheat, as it is unlikely that tho quality of barley will continue to be so poor as it has been during the past two seasons. Potatoes continue in fair demand at 25s at country stations. Deliveries are now being mode from the pit, and the condition is reported as decidedly superior to what has recently been coming forward. Butter continues to be nominally quoted at 9d to lOd. The market for cheese is very limited, and sales are made with difficulty at A moderate trade has been done in hams and bacon at 9Jtl. Advices have been received from London reporting most favorably on samples of beans sent there, and advising that large quantities could be placed at prices which wonl;l_ leave a very good margin for farmers. This is no doubt cheering news for the few farmers who make a practice of planting them, and others might with advantage do likewise, as it is always well not to adhere too strictly to one or two descriptions of crop.