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Farmers Get Good News at Fort Wayne, Ind., Grain Seminar.(Knight Ridder/Tribune Business News)

Knight Ridder/Tribune Business News, January, 2000 by LeDuc, Doug

Jan. 24--Farmers who packed two grain-price outlook seminars at Memorial Coliseum last week may have come away with some relief.

"The lows have been set. I'm very comfortable the bottoms are in, in all three commodities," they were told by Jon Cavanaugh, marketing director for Central States Enterprises, which has a New Haven grain terminal.

Reviewing January's U.S. Department of Agriculture crop report, "we've got the best news in the last two years. It's a question of where we go from here," he said.

The seminars were presented at the Fort Wayne Farm Show, which attracted about 30,000 during its three-day run.

The presenters were upbeat because the recent crop report held a favorable surprise: the nation's supply of corn is...

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