61. Expectations of a big soybean crush estimate by the government had buoyed soybean prices on Tuesday, and the hopes were borne out early Wednesday. 62. Greenspan also said he believed underlying inflationary pressures were easing, which helped buoy the price of U.S. Treasury bonds. 63. Indeed, a top government economic official appeared to react coolly to the proposed package, describing it as mostly an effort to buoy stock prices. 64. On the Tokyo Stock Exchange, prices were buoyed by the stronger dollar and another indication that the government will support financially troubled banks. 65. Renewed buying by domestic institutions on the first day of the new fiscal year also buoyed stock prices. 66. Prices also were buoyed by forecasts for hot, dry weather next week in the Midwest, where most U.S. soybeans are grown. 67. Prices were also buoyed by announcements by Iran and Qatar that they favored taking steps to boost oil prices ahead of the meeting. 68. Prices were buoyed by stability in Asia and a late surge followed a strong start to trading in New York. 69. Prices also were buoyed by indications that demand is outpacing supply. 70. Prices were buoyed by commercial buying that began in Kansas City, Mo., and extended into Chicago, said Refco Inc. analyst Rich Feltes. |