OCR Text |
Show CRIMSON CLOVER SEED MOVING QUICKLY AT HIGHER PRICES Crimson clover seed movement in Tennessee was rapid during the four weeks ended July 26. Approximately 55 percent of the crop had been sold, compared with 10 percent on about the same date last year and three years ago and 20 percent two years ago, according to information obtained obtain-ed by the Bureau of Agricultural Economics. In North Carolina, movement move-ment was equally fast. Growers have sold freely at prevailing prices which were much higher than a year ago. Prices to growers in Tennessee on July 26 averaged $14.75 per 100 lbs., basis clean seed, or about $1.50 higher than a month ago and $1.25 higher than a year ago. For country run seed, growers received an average of $13.85 per 100 pounds. Wholesale prices n eastern markets remain the highest since 1919 and range $17.50 to $18.50 per 100 lbs., compored with $16.50 to $17.00 a month ago and $8 to $8.50 a year ago. Shippers report a preference by growers for domestic over foreign seed. In producing sections, foreign seed was offered in some localities at about the same price or slightly less than growers were receiving fof domestic seed. In other localties it sold higher and on he whole averaged about $17.50 per 100 pounds. No crimson clover seed was permitted per-mitted entry during July, but during the week kended July 30, about 22,600 pounds, subject to the Federal seed act, was received at one Atlantic port from France. n |