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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (829)	10/10/2001 5:38:43 PM
From: craig crawford	Read Replies (1) \| Respond to of 1643

Corn Up For 5th Straight Day washingtonpost.com The Associated Press Tuesday, October 9, 2001; 11:19 AM CHICAGO –– Corn prices pushed higher for a fifth consecutive session Tuesday in early dealings on the Chicago Board of Trade amid forecasts of increased rain in the Midwest this week. Soybeans and wheat also advanced slightly. Early trading was cautious across the board as investors tried to assess the long-term impact of U.S. attacks in Afghanistan. Corn futures shrugged off continuing harvest pressures to post fractional gains. More rain expected in the corn belt this week supported prices, since the soggy conditions could delay the end of the harvest. Soybeans inched higher in a technical adjustment to Monday's lower close. Wheat prices drifted upward, following corn. Market-watchers said trading was limited ahead of Friday's crop production report from the government. Wheat for December delivery rose 1¼ cent to $2.73 a bushel; December corn rose ½ cent to $2.16 a bushel; December oats rose 3¾ cents to $1.93½ a bushel; November soybeans rose ½ cent to $4.54½ a bushel. Beef futures increased while pork futures were lower in early trading on the Chicago Mercantile Exchange. December live cattle rose .25 cent to 70.12 cents a pound; November feeder cattle rose .55 cent to 87.87 cents a pound; December lean hogs fell .42 cent to 54.45 cents a pound; February frozen pork bellies fell .42 cent to 73.05 cents a pound.