Markets shake as wheat and grains close year lower
December traders rushed to cover before the finish, then a market crash trimmed wheat to around 1.32 a bushel amid world supply doubts. Corn and oats fell modestly while hog prices rose, with British, Argentine and Australian shipments influencing the session. Other grains showed mixed values in Minneapolis and Wheat futures across futures curves.
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Associated Pron
Chicago
Liverpool
Argentina
Autralia
Montana
Aviv
Steve Papo
Tars Wancer
Logan
Minneapolis
Associated Press
New York Stock Exchange Year End Trading Remarks
The final session of the year showed no clear trend amid year end shifts and cautious speculation. Prices drifted after a mixed day with some higher levels and heavy cash transactions. assets moved as investors weighed tax actions, credit conditions, and industry reports amid a generally cautious to upward-leaning drift through early afternoon.
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Associated Prec
New York
Wales
Allied Chemical Company
Atchison
Burchompany
Wall Street
United
Ilemal Food
Sharex
Porto Alcan Susi
Pointe Maher
Medoral Reserve Bank
Year End Stock Sales Weaken Amid Narrow Demand
Heavy year end stock selling met thin demand with prices easing across futures and cash markets. Reports show lower levels in wheat and corn while export movement and domestic demand softened. traders await developments as year closes.
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Derren
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Bes
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