61. In CHICAGO, wheat futures rose for the third consecutive day after the government reported larger-than-expected export sales last week. 62. In CHICAGO, soybean futures rose after the government said export sales soared last week, renewing concern that stockpiles will fall critically low before the fall harvest. 63. In addition, the March surge in the trade deficit was somewhat deceptive because the Commerce Department changed its formula for calculating exports sales. 64. In other markets, grains are expected to fall as U.S. export sales waned. 65. In the U.K., the Confederation of British Industry said manufacturing output dropped as the strength of the pound curbed export sales. 66. Its export sales account for about one-third of revenue. 67. It would be the first export sale for the Gripen and might encourage other nations that are considering the fighter. 68. Kansas City and Chicago wheat futures prices closed higher Friday after the Agriculture Department reported strong export sales of the grain. 69. Kansas City and Chicago wheat futures prices closed higher Thursday, boosted by export sales. 70. Kansas City wheat and Chicago wheat, corn and soybean futures finished mostly lower Friday despite support from export sales. |