Salt Lake Telegram | 1926-05-13 | Page 10 | Grain Notes

0 T. T Grain Notes Note II IIo 0 o 1 fr CHICAGO May 13 1 A AP European European importers have small smal stok stocks or of heat and must replenish with wih liberal purchases pur par chases chaes of old and new crop grain I Ithe Is the belief of of cach W handlers le With Will JIao the English strike I called off other po pa- complications I In 10 the old country are not expected ed to greatly greaty curtail curtal buying Putt July wheat is la Chicago was 33 cents cent under the same came delivery delvery In Liverpool and 24 cents cent below October the last lat day The Tile October In Winnipeg was wae 26 25 2 cents below Liverpool There her is Isa a good profit proUt In Jn shipping hipping wheat at at such Buch differences It is I claimed and a fair amount o of spreading Is un under way One observer summed up his views of the market this way The moisture situation Is satisfactory for or or wheat The statistical situation the world orld over Is strong European prices for futures ar arat are are at unusual premiums over us There Ther Isan Isan is isan an awakening I ICorn in corn Corn trad traders r cannot get away from the tho fact that that there are carrying charges from May Mayo to July and that the buyer Is ts nandi- nandi by the heavy supplies and anU the carrying changes One firm was a heavy buyer buyer of or September corn the last da day at 79 19 to 80 fonts fenCe early with wih the close lose 1 4 13 1 cents cent the top figure The Kansas weekly crop report says wheat is generally one to to two feet teet high In the Cite South Central counties counte and from six Inches to a foot Coot out high elsewhere The he crop Is making fine growth t Argentine wheat wheat nta this week are estimated at bushels corn orn cornat cornat at bushel bushels and oats at bushels