Wheat market steadies as tight stocks offset good crop hopes
Market notes show small wheat receipts at primary markets last week, with winter and spring wheat planting underway amid favorable conditions. Argentina shipments fall and Europe holds ample stocks, suggesting limited upside but potential export activity. Corn weakens as high prices curb demand and supplies remain near year-ago levels.
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Northwest Cities
Kansas City
Argentina
Europe
Sinceanuary 1
Broomhill
Chicago
Illinois
Board of Trade
New York
New York Stock Exchange
Houston, Fible & Co
Santa Am
Acco, P
Tanes A. T.&s. Fe
Gansaks BR. & Ohio
Brooklyn R. T
Canadian PacificaSt
Ea & Ohio
Southern
Hudson
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Stee Ae Erie
Ist
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Nat
Central
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Eee
Pennsylvania
D. Gas
a \P. Steel
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Ae L
Eine
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Eoes
Wabash, P Seves
ATM
Western Union
Ocee
Demand for Good Bonds Continues Fair Trade in Stocks
Demand for good bonds remains steady while the fair trade in stocks shows continued activity. Investors monitor yields as markets adjust to shifting rates and liquidity.
MENTIONED IN THIS ARTICLE
Michael
European Wheat Conditions Improve Across Eastern Europe
Foreign office findings from London March 28 report improved winter wheat prospects in Hungary Russia Romania Bulgaria and Turkey with Spain and Italy also showing satisfactory crops. Northwestern Europe faces less favorable outlook due to heavy rains in Germany Great Britain and France. Overall acreage losses exceed 1 million winter wheat acres in Roumania Hungary and France while Russia and Bulgaria show declines in sown wheat. Turkey appears to maintain normal winter wheat area.
MENTIONED IN THIS ARTICLE
Europe
United States Agricultural Department
London
Hungary
Russia
Roumania
Bulgaria
Turkey
Spain
Italy
Germany
Great Britain
France
Tarceda
Rachet
Wall Street Drifts as Bonds Draw Demand and Agriculture Appears Bright
A slow week on Wall Street sees stock trading subdued with two days off for Good Friday. Investors shift to bonds amid uncertain business, while farm prospects look promising with strong wheat and planting, boosting hopes for broader economic revival. Bank reserves remain ample, with loans up and gold outflows continuing.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Weather and Crops Favor Winter Wheat and Spring Seeding
The nation enjoyed favorable weather for winter wheat and spring sowing last week, except in western Kansas and western Nebraska where drought lingered until rains arrived by Friday. Kansas reports a winter wheat condition near 91.4 with an area of 6.811 million acres, suggesting a record or near record yield. rainfall varied by region with some locations receiving under an inch while others recorded substantial totals. Spring planting advanced in favorable conditions and corn planting began in some states, with prospects for a larger area overall.
MENTIONED IN THIS ARTICLE
Kansas
Nebraska
Baker
Concordia
Dodge City
Dresden
Fort Scott
Macksville
Manhattan
McPherson
Osage
Russell
Sedan
Toronto
Wichita
Texas
Oklahoma
Dakotas
Minnesota
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