Weather, Crops, and Markets. Vol. 2, No. 6

by Anonymous

The activity in the export market was especially noticeable at the Atlantic seaboard markets, as the failure of shippers to make delivery on July contracts compelled many exporters to buy in the open market to fill the ocean tonnage already engaged. A number of boats were loaded at two or more ports in order to get sufficient wheat for the cargoes. There was a good demand for Hard Winter for various continental markets, for Red Winter for France, and for Hard Winter and Durum wheat for Italy.

CORN PRICES FAIRLY STEADY.

Although future prices were slightly lower and crop prospects were good, cash corn prices held fairly steady to firm. Receipts were about normal. Shipping orders and export sales absorbed the offerings readily at the principal markets. Primary receipts were estimated at 5,474,000 bus. compared with 4,464,000 bus. last year. Primary shipments were 8,510,000 bus. compared with 5,251,000 bus. a year ago, thus indicating a relatively better demand at present than at the corresponding time last year.

Lake shipments to American ports from Chicago during the week were 2,072,000 bus.

(Concluded on page [116], column 3.)

GRAIN EXPORTS.
Wheat Inspected Out under American Grades Only. Flour Not Included.
[Thousands of bushels; i. e., 000 omitted.]
	Wheat.	Corn.	Oats.	Barley.	Rye.
Week ending July 29, 1922:
Atlantic ports[[28]]	1,430	1,788	758	296	319
Gulf ports[[29]]	1,068	19	12
Pacific ports[[30]]	130			823
Total	2,628	1,807	770	1,119	319
Previous week	2,727	2,065	940	319	690
Corresponding week last year	8,515	566	93	66	471
Total July 1 to 29, 1922	11,125	6,066	2,544	2,269	2,154
Corresponding period last year	19,993	3,236	233	1,445	862

GRAIN PRICES.
Daily Average of Cash Sales at Certain Markets, Week ending Friday, July 28, 1922.
[Cents per bushel.]
WHEAT.
		Sat.	Mon.	Tue.	Wed	Thr.	Fri.
CHICAGO.
Hard Winter	No. 1	114¼	111¾	112¾	114¼	113	114¼
	No. 2	114¼	111½	112	113¼	112	113½
	No. 3		109½	110½	112	111¾	112¾
Yel. Hrd. Win.	No. 1		109½	112¼		111¾	112¾
	No. 2	113¼	111	111	112¼	111	112¼
	No. 3		110½		111	110	111¾
Red Winter	No. 2	113½	110½	110	110¼	110¼	111¼
	No. 3	112¼	108¾	108¾	108	107¾	108½
MINNEAPOLIS.
Dark. Nor. Spg.	No. 1	161	158	157	160	155	157
	No. 2	158	153	152	153	150	156
	No. 3	156	152	151	151	149	152
Nor. Spring	No. 2	152	153		154
	No. 3	149	131	143	140	128
KANSAS CITY.
Drk. Hrd. Win.	No. 1	115	116½	110	117¼	115	114¾
	No. 2	126	121⅜	119⅜	117	115⅜	122
	No. 3	129⅝	121⅞	120⅜	119⅝	122⅝	122¼
Hard Winter	No. 1	108¾	107⅝	109⅜	107	107	109
	No. 2	108⅜	106½	106⅛	106	106 ⅜	107¾
	No. 3	107½	104½	105¼	107⅜	106⅝	108¾
Yel. Hrd. Win.	No. 2	104	102	102¼		101	104
	No. 3	103⅝	101	101⅛	101½	105⅝	103⅜
Red Winter	No. 2	104⅝	103¼	103⅞	104¾	105⅛	106⅜
	No. 3	101⅜	99⅛	100⅜	101⅝	101⅝	103⅜
OMAHA.
Drk. Hrd. Win.	No. 1		117			118	118½
	No. 2	119	114	118	120	118	117
	No. 3	118¾	112¾	115⅛	115½
Hard Winter	No. 1	104½	101⅛	102⅞	102½	102½	104
	No. 2	103½	100⅜	101⅞	102⅜	104¾	106
	No. 3	104¼	99⅜	102¼	101⅜	101½	103
Yel. Hrd. Win.	No. 1				103	102½	104
	No. 2	103	99½	101⅞	102	101½
ST. LOUIS.
Red Winter	No. 2	111½	109¾	111½	110¾	110½	111¾
	No. 3	106½	106	107½	107½	107½	109¼
CORN.
CHICAGO.
White	No. 1		64¼	64½	64¾		65¾
	No. 2	65	64	64¼	64¾	64¼	65
	No. 3	64¼	63¾		64¼	63¼	65
Yellow	No. 1	65¼	64½	64½		64¼	65¾
	No. 2	65¼	64¼	64⅓	64¾	64	64¼
	No. 3	63¾	63¾	64	64	63½	65¼
Mixed	No. 1		64½	64¼	64½
	No. 2	65	64¼	64¼	64½	64	65¼
	No. 3	65	63¾	63¾	64	63¾
MINNEAPOLIS.
Yellow	No. 1	59¾	59	58¾	58¾	58¾	59¾
	No. 2	59	59¼	58½		58½	60¼
KANSAS CITY.
White	No. 2	57	56	56	56½	56½
Yellow	No. 2	61	60	60	59½	61	62½
Mixed	No. 2	57½	55¾	57⅛	57⅛		58½
OMAHA.
White	No. 2	56⅜	55½		56	55	55⅞
Yellow	No. 1	58½	57⅓			57½	58½
	No. 2	58½	57¾	57⅞	58	57¾	58¼
	No. 3			58	57¾		58¼
Mixed	No. 2	56¾	55⅜	56	56⅜	55	56⅛
ST. LOUIS.
White	No. 1	63¾	63		63½
	No. 2	63½	62¾	63	63	62¼	64
Yellow	No. 1		65	65¾		65½	66½
	No. 2	66	65	65½	65½	65	66½
	No. 3	65½		65		64
OATS.
CHICAGO.
White	No. 1	37¼	36½	37		37½	39¼
	No. 2	36¼	35¼	34½	35¾	35¾	37¼
	No. 3	34¼	33	33¼	34½	34	34¾
MINNEAPOLIS.
White	No. 2	31¾	30	31	31¼		32½
	No. 3	31	30	30	30¾	30½	31
OMAHA.
White	No. 2		32	32	32	32½	33
	No. 3	33½	31½	31¾	32	31⅞	32⅜
ST. LOUIS.
White	No. 2	37¾	36¾	36½	35¾	36	36
	No. 3	36¾	36	35¾	35¼	35¼	35¾
RYE.
CHICAGO.
Rye	No. 2	85½	83½	81¼	81	80	80½
MINNEAPOLIS.
Western	No. 2	77	75	73¾	73	72½	74
Daily Closing Prices of Futures.
CHICAGO.
Wheat	July	111¾	108	110	109¾	110⅜	111½
	Sept	109¼	107¼	107⅜	107⅛	108⅛	108¼
Corn	July	62⅛	61⅞	61¾	61⅜	62½	64½
	Sept	63⅜	62⅞	62⅜	61¾	62⅜	63½
Oats	July	32¼	31½	31⅜	32	32⅛	32⅜
	Sept	34	33⅝	33⅝	33⅞	34¼	34⅜
KANSAS CITY.
Wheat	July	102¼	100	100⅝	100¼	101½	102
	Sept	100¾	99⅜	99½	99¼	100¼	100½
Corn	July	53⅞	52½	52	52¼	52¼	55
	Sept	55⅞	54⅞	54½	53¾	54⅜	56⅜
Oats	July	34	34	31	31	31½	31½
	Sept	33¾	32⅞	32⅞	33⅜	33⅜	33⅞

Hay ^and Feed
HAY MARKETS GENERALLY DULL AND LOWER DURING PAST WEEK
Local Conditions Were Ruling Factors—Quality of New Hay Shipments Only Fair So Far.

Local conditions were again the principal factors in the hay market situation for the week ending July 29. Eastern markets were experiencing the mid-season dullness, while central western markets were having some difficulty in disposing of the increasing receipts of new hay, much of which was not of desirable quality for shipment. The railroad strike was reported as curtailing shipments in some sections, but generally the effects of the strike were not noticeable in the markets. The average price of hay was lowered slightly during the week, but the larger declines were in the eastern markets, where prices were being worked to a new hay basis.