Grain and Produce Market.

Te Aroha News, Volume XXVII, Issue 43365, 29 August 1908, Page 2

Grain and Produce Market.

WEEKLY REPORT.

Thebe is little change in the markets since our last report. Merchants and others buy sparingly, and only as they have. call for different lines. The tendency is for lower values, and suppliers are offering freely from the South as far as the chief lines are concerned. r Flour.—The continued favourable conditions in other parts of the world for crops of wheat have a depressing influence on prices, which are inclined to recede. The reports from Canada and America are still good, and there is every promise of Australia having splendid crops. Bran and Pollard.—The former commodity is easing,- and in view of the mild weather prevailing, an abundance of natural feed is looked for, consequently the demand for bran is likely to fall off somewhat. Pollard is still scarce, and maintains its value. Potatoes.—The Auckland market is well supplied at present, and with further shipments on the way from the South, prices show no improvement. Supplies are still being offered somewhat freely, and it is a question what stocks are held in the South. If shipments should come along in the same way as at present values are not likely to move up but on the contrary the tendency will be to drop. Seed Potatoes.—Are being enquired for, and if the weather should not keep too dry we may expect to find a large area planted in the Auckland province this season. Prices for most sorts are easier if anything than when we last reported. Oats.—These are likely to rule lower in price. Just now it is easier to buy at the reduced rates than it was a week ago. Chaff.—Enquiries are yet being made from Australia, and shipments continue to that part on a fairly liberal scale, The Auckland market, however, does not respond to any movements in that direction, and shows a weaker tone. The future will depend upon weather conditions. - Onions. —Maintain high values, and supplies are entirely from Australia, shipments to hand by last Monday’s boat from Sydney were quite satisfactory in quality. Maize. —There is no alteration to report, although some of the shipments of Island imported maize have. been disposed of under the regular price of recent coastal arrivals.

Fowl wheat.—This is in short supply just now, and it is not being offered so freely from the South, as most of the wheat down there is really of milling quality, and fetched at least threepence per bushel more. Future.—Values in nearly all lines having been above what might be considered nonnal for sometime, it cannot be expected that, with favourable weather conditions for growing crops and natural feed, the future will be marked with the same high level. Unless something unexpected and unforseen shonld occur, we may reasonably look for lower prices for nearly all feed and produce lines in the near future.