51. Harvests were good, helped in part by sufficient rainfall, less crop damage than usual from insects, and donations of farm supplies. 52. Heavy rains flooded some fields but there were no immediate estimates of crop damage. 53. In recent weeks, crop damage by red locusts has also been reported in Botswana, Malawi, Tanzania and Zambia. 54. In other markets, frozen concentrate orange juice futures plunged on profit-taking by speculators who had been counting on crop damage in central Florida to lift prices. 55. Investors said the market already has factored into prices any potential crop damage that was caused this week by a cold snap in winter wheat-growing areas. 56. Investors appeared to have second thoughts about the chances of crop damage from cold weather in wheat-growing regions over the next two nights. 57. Last fall, following a devastating hurricane that caused extensive crop damage on the island, Castro relented. 58. Market watchers said there was no fundamental reason to send wheat futures higher, pointing out that recent mild weather in the Great Plains eased fears about crop damage. 59. Midday forecasts called for as much as two inches of rain this weekend in southern Brazil, where bone-dry conditions have caused crop damage. 60. Severe crop damage feared in Cuba. |