Chicago, Mar. 11.
Apart from a rally on short-covering during the early part of last week, prices in the Chicago Grain Pit declined with only a fair amount of export business uncovered on the setback.
There is a good outlook for the Winter wheat crop, which is regarded as the best in several years. European crop news is also favourable.
Good international trade is reported, chiefly from Australia, with China taking a cargo of Australian flour.
During the latter part of the week, Prices advanced on buying and short-covering, influenced by the tension in Europe, while the immediate outlook of the market is dependent on further developments in that quarter.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.