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Georgia were both 20c.
Supplies right now are slightly below last year’s level, moit likely the only time that’ll happen this year. And for the next three week’s supplies will be bellow the February level - about 5% lowei than they have been.
That little slack-up in supply plus an extra push in retail demand as the Lenten season begins should brighen the immediate ouvlook.
But it may be short lifed. By April 1, the supply promises to be back to 14% above last year . . . and on up from there.
SOYBEANS
Soybean prices are snowing signs of weakness now and it’s a long shot in the dark to expect much improvement in the picture from now into new crop time.
There's not much to encourage you to hold any you may l^ave for a better price.
But there’s one thing jjou can do to help. .Shoop around! Prices vary enough that you mighi get an extra 5-lc0 a bushel by checking a little before you sell, and by knowing your grade.
No. 2 Yellow prices vary this much: Richmond $2.10; Norfolk, $2.10 to $2.3; Northern Neck, $2.20 to $2.30; and Baltimore, $2.40 to $2.46.
The carryover this year will be about 25 to 30 million bushels, where last year it ran 6 (nillion. Virginia support price is expecttd to be around $2.04 abushel for No. 2 or 6c less than last year.
At the first of the year, t^ie nation had about 20% more beans than last year at the samp time, but strong movement in January
74.9%