Salt Lake Telegram | 1931-03-02 | Page 9 | Grains Turn down, Supply Increases

GRAINS TURN Private Estimates on Winter Wheat Show Larger Crop Than Last Year By JOHN P. P Associated Tress Press Market Editor CHICAGO March 2 I Influenced by outright failure of unofficial estimates to confirm forecasts of big livestock feeding of wheat led to downturns In Ill grain values Mon Mon- day Increases of the visible supply supply sup sup- ply both of wheat and and corn tended also to pull prices down Export business in North American wheat lacked volume Wheat closed irregular 1 cent lower to 4 1 advance corn 4 1 at 4 3 down oats unchanged to 8 5 off and provisions 5 to 27 cents advanced RANGE OK OF LEADING FUTURES CHICAGO March 2 AP AP- AP Com Ceru- Lo Low Close Starch March old S 80 i 8 59 j 3 55 Si March hew 60 COS 60 Slay May old 64 62 62 slay May new 65 4 i 63 64 July 66 65 65 September 65 Wheat Wheat- Starch March old 19 79 13 March new 73 May Old 81 81 May n nw w a 82 82 July July t 63 J September 64 63 Oats Oats- March old 30 29 March new 30 30 30 slay May old 32 32 I 31 J 31 31 Stay May new 32 32 32 32 July 32 32 32 September 32 i 32 32 Rye Rye- March old 37 36 Starch March new 37 36 i 3 36 t May old t. t 41 40 40 40 May new July July 42 i September 43 42 Lard Lard- March 3 43 May Ju 95 8 mes- mes May 11 1110 10 July 1120 CASH QUOTATIONS CHICAGO March Marcis 2 AP AP Wheat No 1 I red No l 1 hard 78 c No 3 dark northern No l 1 mixed Corn Corn No 2 mixed No 2 yellow 60 No 3 white 57 Oats Oats No 1 white No 3 2 white Rye Rye No 1 I. Barley Barles' Barles 36 Timothy wed sed s 1900 doter Clover seed eed Lard Lard 1860 Ribs Riba 1075 Bellies MINNEAPOLIS MINNEAPOLIS March 2 AP Wheat AP Wheat Wheat- Receipts Ill cars compared to a year scar ago aro Market unchanged Cash No 1 northern No 1 I dark north north- em ern 15 per cent protein 14 Per cent protein jc 77 13 per cent protein 12 per cent protein No 1 I dark hard Montana 14 per cent protein to arrive No I amber durum 73 c No 2 amber durum 68 c No 1 I red durum Slay May July Corn Corn No 3 yellow Barley SO Rye Rye No 1 3 No No 3 white Flax Flax No 1 1 4 tl 1697 KANSAS CITY KANSAS CITY Starch March 2 AP Wheat AP-Wheat- Receipts cars unchanged to lie c er No 2 dark daric hard lOc IDe No 3 nominally nominal ly 63 f No 2 hard eg O c No 3 No 3 red No 3 nominally nom nom- 70 Close May July Corn Corn Receipts 90 cars unchanged t to 1 cent lower No 2 white nominally 54 S Hc No 3 No 2 yellow nom norn- No 3 52 No 2 mixed nominally No 3 49 G 51 c Clo Cloce e May cl July Septem- Septem ber 60 O Oats U Receipts 10 cars unchanged No 2 white nominally No 3 3 3 32 Rye Rye Nominally Nominally 43 Barley Barley LIVERPOOL LIVERPOOL March 2 AP Soot API-Soot Soot wheat No 2 Manitoba aSic Br lU Wheat l cloie dole March May 63 c July October FLOUR MINNEAPOLIS March Maceli 2 API Flour CAPS Hour In carload loU loLa family patents patent a barrel In pound 98 coto cotton Bran 11 1450 Standard