Salt Lake Herald-Republican | 1918-05-23 | Page 9 | Good Crop News is Blow to Corn Price

GOOD CROP NEWS IS BlOW TO CORN PRICE By Associated Press preas CHICAGO May la 22 Assertions that planting would for the most part be coin coin- bearish effect cf- cf within a 3 week eek had a The market closed feet today toda on corn unsettled Tie Tc c to 1 c net lower with Junu Juno and Jul July to Oats declined tH c to 2 c net The outcome In provisions varied from yesterdays yesterday's finish fin fin- lab ish to 70 down Throughout the da day the nearness of the tho end of or the planting period served to weaken weak- weak en n the corn market It was ns true that L rains had fallen over part of ot the belt and that some ome seeding would thus be delayed but the sections that received the heaviest lest Jet downpours were where moisture was j needed most and anti where an adverse o coni con- con i of wheat and other othet crops had been bem threatened Toward the close bears beans put emphasis on th the outlook that In tho the near future there would bo be some Increase in tho the crop movement Trading was en entirely entirely entirely en- en In July and June Tune deliveries Ma May having been eliminated by tho exchange directors n Reports porte that the last dr dry spot had been removed from the grain belt led to downturns downturns down don turns In tho the oats market Export buying was 85 only at prices which dealers here could not meet I Provisions anra averaged ed higher with hogs hoC but realizing sal sales s caused a reaction 1 i