_Gluten feed._—The demand for gluten feed was quiet. Dealers reported
sales as slow, and as a result a few mills experienced difficulty in
obtaining shipping instructions for goods bought for July shipment.
Although corn prices were lower and No. 2 Yellow was quoted on the basis
of about $22 Chicago, gluten feed for August shipment was advanced $1
per ton over the July price to $29.85 per ton Chicago. Production was
normal and the movement was good. Supplies were rather large in the
Northeast, and moderate in other sections.
_Hominy feed._—Hominy feed prices showed little change from last week.
Eastern mills shaded prices to effect sales. The demand was scattered
and mostly from single car buyers. Production was good, particularly by
mills having orders for grits for the Russian Relief. Offerings by
western mills increased because of the limited sales during the past
month and the accumulation of stocks. Supplies in dealers’ hands
continued fair. The movement was light.
_Alfalfa meal._—The supply of alfalfa meal was about equal to the
demand, which was normal for this time of the year, inquiries having
been received from all over the country. Prices for meal are governed
largely by trend of hay prices, and as the yield of second cutting in
many instances was less than was expected, with poor prospects for the
third cutting, the alfalfa meal situation was quite firm. The supplies
of hay available for milling have been reduced considerably through
extensive purchases by sheep feeders. Millers, therefore, do not expect
to make heavy offerings in the near future. In fact, many mills were
unable to accept business for immediate, quick, or prompt shipment. The
movement was fair.