Salt Lake Telegram | 1926-03-13 | Page 6 | Weekly Grain Review.

GRAIN GRIX REVIEW March 13 By the As Associated ed ee Press Press With tho the critical period of ot wheat t growth In intile United States Stales com com- log ne nearer and with export demand demond for tor shipments from North American widenIng widen widen- In Ing o olit oit it the wheat market h here rt has his e 1 1 denly turned upward this hl wee week It Com Com- paved pared with a I w week k ao aro wheat values this ajo morning were wre 2 2 tn tu 5 6 cent a bushel hushel higher corn orn corn at nt I to I. I 5 cent tnt advance sate oat showing a to cent ruin gain ad i d provisions varying from 22 2 cents cent decline to a R rise lee of 7 Revor Reversal al of or the downward trend which n I it late lale ha has ha been pulling pulIng the wheat market ar mar mar- market arket ket down began with wills a brlik bril purchasing movement b based ed more or le lets less on on- assertion asser er- er floss tion that United States Statu farm Carm tocks stocks of wheat wheal calculated on a u per capita basis bals are the lowest loest on record and that this thin country may yet have to taC face virtual exhaustion of wheat whet supplies before har hap 05 vest ost Then canve disturbing reports that the quality of ot the tho new Argentine crop cropas as n a R whole l i Is Inferior Interior Including bushels io o poor a aJ to weigh welsh less lesl than Iban five fifty the pounds to lo Scantiness of domestic receipts receipt of wheat together with wih further shrinkage of the tile meager stock In Chicago Chiago gave gIO additional Impetus to th the new nw w buying movement which sot Rrt Ct In De Besides lles export purchasing of ot North American wheat woe was nt Itt the rate rale of sf bushels bushel a day dayus daya a us the w lek tek drew dew to a a. close cole Indicating Europeans had bad hac awakened to to possible danger of a squeeze should houd any serious accident to lo growing winter Inter wheat In the United States take place At present the general outlook fur for the new crop IOP Is IA de decidedly favorable loot Ing to Is trade trace athlete advices although wheat In some sections rant at 3 t of or the MissIssippi Is Is reporter report as a In con condition Productions nf of ller In receipts of CornIn corn cornIn In he next thirty or sixty days clays helped 10 In pA corn porn values value and oats oat n as Is well weB 11 tI T was waR also pointed out olL both boh thAt the lie themo mo ment of et corn orn to lo market maket Is il lighter than R a I year ago egO lint prIces price price are gren I ly under the figures current cUrent at thin lIs tm time Ur luSt UiRt At The government report n Sn r firm riTs stocks of If corn ICes WIS generally taken to In Indicate that disappearance o of corn orn so cO far this ea season Reason on hn ho has been laggard hand hanl gossip is prevalent On t the other oIlier II tilt I Illinois corn orn In country elevators ho has isa been ln l practically all ll shipped d out oil and that there will wI be Ie no further movement mo of consequence unTIl I summer Hummer ummer Foreign Foren buying of nf lard laid has hB given ghen firmness firm firm- nest ness nt 10 to mod mOlt of the provision pro list hal