CHRISTCHURCH CORN EXCHANGE

Temuka Leader, Issue 2011, 22 February 1890, Page 3

CHRISTCHURCH CORN EXCHANGE

The following is the Corn Exchange report for the week ending Friday : Consequent on the favorable weather, harvest operations have made great progress, and should it continue fine for a short time longer the harvest of 1889-90 will be secured in exceptionally good condition. The absence of the dreaded nor-westers when the grain is ripe has been most marked this season, and the loss from wind must be almost nil. As usual, some farmers have been in too great a hurry to thresh, and the grain is put on the market in a condition unfit for shipment. It seems incredible that year after year this threshing out of out stook- or, what is even worse, out of stack too soon after being stacked—goes on, to the loss of the grower, and to the upleasantness caused by rejections, "Wheat —There has been a fair enquiry for old, but new has not found much favor, some of the samples offering having evidently been threshed too soon. Stocks of old are now within reasonable limits. Oats

ar e offering freely, and, as there is no outside demand, transactions are very limited. Feed sorts are quite neglected, and the only sales made are bright milling, which, if extra prime, can be placed at quotations. Probably induced by the low prices ruling for oats, an oatmeal meal is about to commence operations in the suburbs. Barley—t he new crop, judged by the

samples so far exhibited, has a tendency to be thin, and this is probably the reason buyers are holding off until they see more of the crop, but few

transactions have come under notice, as buyers’ and sellers’ ideas of value are at present at variance. Peas are offering, and sales of blue Prussian at quotations have been made. Beans it is yet too early to report on. Grass seed—Farmers’ samples of ryegrass, if clean, meet with a ready sale, and the supply is not equal to the demand. This is generally the case at this time of the year, as but few farmers can devote time to getting their grass seed ready for market, the

grain crops demanding all their attention. After the main crops are secure in stack we may expect to see ryegrass more freely offered. Cocksfoot is not offering in quantity. Some of the samples brought in show signs of having been cut on the green side, and are probably not a fair average of the new crop. The difference in opinion as to value between buyers and sellers has not yet been properly adjusted, and this considerably affects business. Dairy produce remains without alteration. The following are our quotations for the week : Wheat —Prime tuscan : Old, 3s Id ; new, 2s lid to 3s. Pearl: Old, 2s lOd; new, 2s 8d to 2s 9d. Hunters: Old, 2s 8d to 2s 9d : new, 2s 7d.

Oats—Milling : Old, Is 7d; new, Is 6d; short feed, Is 4d to Is sd.

Barley—Prime malting, 3s 6d ; medium, 2s 9d to 3s; feed, Is 9d.

Peas Blue prussians (whole), 3s 6d.

Ryegrass—Town, machine-dressed, 4s 3d; farmers’ parcels, 2s 9d to 3s 6d, according to quality. Cocksfoot—3d for good bright heavy seed up to 161 b ; for lower grades. Dairy Produce—No alteration.

The above prices are those paid to farmers for delivery f.0.b., sacks extra.