Pit during the past week early broke into new lows for the season on general liquidation. However, bearish private winter wheat estimates had little effect on sentiment.
The outlook of the combined winter wheat crop suggests a yield of 9 000.000 hi els, the largest on record with the exception of that recorded for the year 1915.
Later, however, prices rallied slightly on reports of rust damage in parts of Kanses, which, however ended with cob} weather.
Towards the end of the week, the market reacted on the weakness of Liverpool timely rains in Italy and large Australian, arrivals in Euro Meanwhile, the market is marking time with demand very poor and ce fidence lacking. The general opinion prevails that gains will be dificult to hold.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.