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Pastimes : R. Harmon's Earth 101 -- Ignore unavailable to you. Want to Upgrade?

To: .Trev who wrote (34)	3/16/2000 9:12:00 AM
From: long-gone	Read Replies (1) \| Respond to of 183

Monday March 13, 6:34 pm Eastern Time Commodities-U.S. grain prices rally on drought threat CHICAGO, March 13 (Reuters) - Corn, wheat and soybean prices staged a strong rally on Monday after U.S. government officials said that drought conditions posed a real threat this year in the crop-growing heartland of the U.S. Corn Belt. In other featured commodity trading, oil prices edged nervously higher as traders positioned themselves for a decision by OPEC oil producers this month on whether to adjust production curbs. Gold prices closed quietly higher. At the Chicago Board of Trade, soybean futures led the grain markets higher as speculators bought heavily on ideas that the drought conditions seen the last three years in the U.S. South and Southeast could spread this year to the Midwest.(cont) biz.yahoo.com Wednesday March 15, 1:25 am Eastern Time Farmers Buy More Drought Insurance By JESSICA FARGEN Associated Press Writer BLAIR, Neb. (AP) -- Farmer Brent Arp sat in one of two leather chairs in insurance agent Jim Realph's small office as the two pored over a piece of paper crowded with percentages, puzzling acronyms and costs for crop insurance. Arp had to decide whether the potential risks of a looming drought were reason enough to pay a higher premium to insure 85 percent of his corn crop instead of 75 percent. Farmers, one after another -- 10 in all -- visited Realph's office Tuesday. Eight decided to pay a higher premium and get more coverage. Arp was an exception.(cont) biz.yahoo.com