Soybeans gain as export demand supports prices worldwide
Soybean markets rose sharply last week with Brazil's rain delayed harvest and steady demand for beans and oil. Wheat and feed grains were mixed as exports influenced trading, with Russian sales and a later subsidy concern shaping price moves.
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Milk production in 21 states slips 2.4 percent in April
The April milk output across 21 states totaled 10.4 billion pounds, down 2.4 percent from April 1986. Output has declined every month in 1987 while output per cow rose 2.5 percent year over year. Cow numbers stood at 8.78 million, down 0.1 percent from March and 4.7 percent from April 1986, with sixteen straight monthly declines.
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