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GRAIN-^irain prices continued a downward movement during the Week ended Mary 9. Corn prices were mostly 2 to 5 cents lower and soybeans were mostly 22 to 25 cents lower. The major market factor was inactivity. Producers were working in the fields and holding unsold supplies in storage. Users were making purchases on an as needed basis. •Bids to corn producers in southeastern Virginia were 12 to 19 cents lower at $2.63 to $2.82; Richmond $2.68 to $2.73; and Wilson, N.C. was 3 cents lower at $2.75.
South Carolina’s Piedmont area dropped 8 cents and the Central area hbld unchanged at $2.68 and $3 respectively. Louisville, Ky., moved 1 cent higher to 3 cents lower at $2.71 to $2.75 and Ohio Valley points closed with $2.61 to $2.74. Alabama trucklot prices were 2-1/4 to 4-3/4 cents lower at 2.89-1/2 to $2.94-3/4. Terminal prices at Memphis were $2.88-1/2 to $2.94-1/2. and Norfolk $2.82 and $2.83.
Bids to soybean growers at southeast Virginia points were 8 tp 11 cents lower at $5 to $5.33 and Richmond $4.98 to $5.05. South Carolina’s Piedmont area $4.70 and the Central area $5.13. Louisville, Ky., prices were 17-1/2 to 22-1/2 cents lower at $5.05 to $5.15 and Ohio Valley was 21 to 22 cents lower at $5.08 to $5.17. Bids to producers in Alabama closed the week at $5.03 to $5.11 for old crop supplies and $4.54 to $4.62 on new crop for fall delivery. Terminal prices closed at $5.11 to $5.13 in Memphis; Chicago $5.19; Norfolk $5.10 to $5.27; and Raleigh $5.05. Gulf export bids were 26-1/2
92.6%