21. Coffee prices initially slumped as speculators withdrew after figures for the next Brazilian harvest. 22. Coffee, however, fell as renewed rain soothed market fears of a shortage in the Brazilian harvest after the recent drought. 23. Dealers noted that the prospect of a bumper Brazilian harvest had been weighing on sugar prices for some weeks now. 24. Despite the prospect of a bumper Brazilian harvest, dealers kept their nerve. 25. The wheat decline helped bring down corn prices while soybean futures rose on fears of poor Brazilian harvest. 26. Traders fear that the Brazilian harvest may suffer from extremely dry weather. 27. Prices were also influenced by several larger-than-expected estimates for the Brazilian harvest. 28. Sugar prices have sharply fallen since the beginning of the year, undermined by the forecast of an enormous Brazilian harvest. 29. Soya prices were hit later in the week on the Chicago market as the sale of the large Brazilian harvest continued to weigh on the market. 30. Soya rose in the wake of rises on the US market which was influenced in turn by large-scale demand and by delays in the harvesting of the Brazilian harvest. |