OATS FOR EXPORT

Sun (Auckland), Volume I, Issue 176, 15 October 1927, Page 12

OATS FOR EXPORT

SHIPMENTS TO ENGLAND SEED MARKET REVIEWED Press Association. CHRISTCHURCH, Friday. Business with England in regard to the export of oats has at last materialised, and fair quantities are in the process of being shipped. The Kia Ora took a consignment from Lyttelton during the week, and she is booked to Lift heavier parcels from Dunedin and the Bluff. The Pakeha is also shipping consignments from the various South Island ports, so that in the aggregate a substantial quantity will be despatched. Although the price at which the export has been arranged does not leave much margin for operators, the clearances it will affect will be welcomed by the trade. All the oats booked for England are Gartons of both grades, which have been selling at 3s 6d and 3s 3d for A and B grades respectively. Oats have been sold for April-September at 3s 6d f.o.b. Chaff is in slack demand, and is worth no more than £3 5s a ton on trucks. With very little wheat in farmers* hands, and millers holding sufficient to keep them off the market, not much business is doing in milling grades. The main interest in the industry is centred on the amended tariff proposals. Cocksfoot is firm at up to llld a lb for standard seed, equal to 7d a lb on trucks for farmers’ dressed. There has been a revival in the export of cowgrass, the price being 125 s a cwt., f.0.b., about lOd a lb to the grower. The white clover market, which lias been very sluggish throughout the season. has brightened up as a result of business with England Sales have taken place at 115 s f.o.b.