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Article: Grain, soybean markets remain steady despite harvest pressure.(Statistical Data Included)(Brief Article)
- Article from:
- Feedstuffs
- Article date:
- September 25, 2000
- Author:
CopyrightCOPYRIGHT 2000 Miller Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Grain and soybean markets saw mixed action last week, with trading levels remaining light most days and prices moving up and down depending on the contents of weekly government reports and the word from the field, where harvest was rapidly advancing anywhere weather would allow.
In fact, the annual "harvest pressure" was evident at times last week, although sources said they believe the real pressure will come next month, when, depending on monthly crop estimates, more details of this year's harvest will be known. Sources said harvest lows will likely be set either before this report, depending on private estimates, or after, depending on what the U.S. Department ...