31. Soybean futures fell amid expectations that recent rain in Brazil replenished soil moisture, promising a bumper harvest. 32. Soybeans dropped and corn was little changed after a cold weekend did little damage to Midwestern crops and bolstered prospects for bumper harvests. 33. The bumper harvest alleviated a three-year shortage of California wine that pushed prices up sharply. 34. The bumper harvest meant lower food prices, helping bring the inflation rate down more quickly than officials first forecast. 35. The sales reflected increasing competition for world buyers, as Europe, Canada and others have surplus grain fresh from their bumper harvests. 36. The Russians read because Soviet television, with its endless reports of Brezhnev speeches and bumper grain harvests, was unwatchable. 37. The USDA figures strong demand probably will consume most of the bumper harvest. 38. Traders anticipated a decline in sales as they speculated that high U.S. wheat prices would allow Argentina and Australia, with bumper harvests, to undercut U.S. exporters. 39. Traders had hoped that bumper harvests west of the Mississippi River would compensate for poor crops in eastern Corn Belt states such as Indiana and Ohio. 40. U.S. corn and soybean crop conditions were little changed from a week earlier, as scattered showers quenched many regions and kept conditions on track for a bumper harvest. |