MARKET DISCOUNTS HIGHER SOVIET GRAIN IMPORTS

  Grain analysts said the increase of
  three mln tonnes in 1986/87 Soviet grain imports is unlikely to
  affect the market Tuesday.
      They said the market already has discounted higher Soviet
  imports, partly on news last month that the Soviet Union bought
  one mln tonnes of U.S. corn, and on rumors that the Reagan
  administration is pushing for authority to sell the Soviets
  U.S. wheat under the Export Enhancement Program.
      In its supply-demand report, the USDA raised its estimate
  for 1986/87 Soviet grain imports to 26 mln tonnes from 23 mln.
      "That was business already done, for all practical
  purposes," said Drexel Burnham analyst Dale Gustafson,
  reflecting similar statements made by other analysts.
  

