WHEAT MARKET QUIET

Sun (Auckland), Volume I, Issue 282, 18 February 1928, Page 12

WHEAT MARKET QUIET

POSITION IN THE SOUTH Press Association. CHRISTCHURCH, Friday. Offers of wheat to millers are not in very large volume, but the trade is not inclined to buy. The majority of millers have bought fairly heavy quantities forward, and the surety of a good crop ;s against any speculation. Some parcels have been bought at 5s 7d on trucks, but growers will not respond to any lower 5s Mlllers are now Quoting 5s 6d to A feature of the oats sample this seaits colour and weight. All the oSTa sapiples coming to hand so far + gTa ? l f’ and unless Southern crops i? e re J? cue in matter of of the* bFttS- ET-n d t ° atS * forwa «*d sellers to coter U be *- put to some trouble be operations. B Cartons will De a scarce commodity in Canterburv on tSs"' Th^°, tat i° ns are 3s to 3s Id 1 " easier Th? tendency of the market haa eased market for Algerian oats sence w™ cause bein e the abNorth in& movement from the M SSS: thf week ave hardened in price during Perennial ryegrass is in very keen de-

mand, as there is a general belief there will be very little more will be required for Canterbury u**-" ceptionally good quality lots have w . 4s a bushel on trucks, but the the sales are ranging from 3s 3d to » The potato market is little chaw*farmers being too busy at prese bother with marketing at current Values are to £4 5s for March, *3 1* * April and to £3 10s lor May-Jay-few small lots are going P»ortn oy boat. Onions are quoted at £5 10s for l* w ' r ' delivery, and £6 for March-ApriL