Northwest History. State History. Farm Products & Prices.

Market News. Market News WASHINGTON STATE COLLEGE Pullman.—Domestic grain market showed weak tone early in February despite smaller offerings as a result of wintry weather throughout the corn bolt, according to the weekly review of markets issued through the agricultural extension service. Domestic...

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Bibliographic Details
Format: Text
Language:English
Published: 1936
Subjects:
hog
Online Access:http://content.libraries.wsu.edu/cdm/ref/collection/clipping/id/121783
Description
Summary:Market News. Market News WASHINGTON STATE COLLEGE Pullman.—Domestic grain market showed weak tone early in February despite smaller offerings as a result of wintry weather throughout the corn bolt, according to the weekly review of markets issued through the agricultural extension service. Domestic grain markets showed weak tone early in February despite smaller offerings as a result of wintry weather throughout the main grain belt. The Portland wheat market was quiet with prices slightly lower. Local mills were in the market only for occasional special lots and business with eastern and midwestern markets was lacking. No. 1 hard white, 13 per cent protein wheat, was quoted $1.25, and No. 2 western white and western red at 86% cents a bushel. 1936 Wheat Acreage. The increase in 1936 wheat acreage in the United States has been about offset by reductions in Europe and India. Little change in acreage is indicated in Poland and Germany, but seedings in the United Kingdom, Scandinavian and Baltic countries are well under those of a year ago. No information is yet available on Russian plantings. North Africa seeding was delayed by drought. Domestic rye markets were firm. Corn- declined about 1 cent although receipts decreased materially. Oats and barley were steady with little change in prices. Flaxseed remained dull under slow demand. Live Stock Supplies Reduced. The livestock market on practically all classes and grades responded to the light supply with irregular price advances the first week of February, but later declines on cattle and sheep erased early gains. Hog price were dropping, but still higher than at the beginning of the month. Northwestern hop markets were rather quiet and firm. A feature of the market situation in the Yakima valley