COMMODITIES: Top Prices

The U.S. farmer was being rescued again by the War Food Administration. Fresh from its six-month egg-buying spree which supported egg prices—much to the housewife's disgust—WFA started buying wheat last week. Under the pressure of forecasts of a billion bushel crop, wheat prices had sagged to a 1944 low. But a thumping two million bushel order placed in Kansas City and Minneapolis by WFA snapped prices up four cents a bushel.

Grain traders, without knowing how much wheat WFA will purchase, could be sure of two points: 1) that WFA would buy just as much wheat as necessary to hold...

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