Bottom Still Not Set In CBOT Corn, Soybeans.

Resource News International, September, 2005

Byline: Dwayne Klassen, Resource News International

WINNIPEG, MB, Sep 29, 2005 (Resource News International via COMTEX) -- Good harvest progress along with much better than anticipated yield potential has combined to push corn and soybean futures at the Chicago Board of Trade (CBOT) to new contract lows as of late. However, there is still room for some additional declines in both commodities, according to an industry source.

"Corn and soybean values have obviously been pushed downwards by the ongoing harvest, but I think it is still too early in the season to say that a bottom has been established in the market," a Canadian based broker who specializes in trading US markets said.

He said it wouldn't take much to see the December CBOT corn...

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