Sharp Break in Cotton Markets Sweeps May to October
Daily News Market Page reports a sharp break in cotton with July deliveries down to 22.55 and a midday decline amid Texas rain, weak demand, and pressure on prices. Liverpool and New Orleans tones weighed on futures while May held a premium of about ten points. Port receipts and stocks were listed as the market faltered, with speculative liquidation and revised expectations for rainfall affecting belts from Texas to the eastern region.
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York
Treporta
Daly
Gereal
Ateady Daclinsa
Poluta
Liverpool
Texas
Gremie
Jay Bago
Ccober
Jisriver
Ngam
Buyboth
Maych
Associated Press
Chicago
New York
Wheat Prices Fall On Mixed Trade As Traders Weaken
Wheat markets drop with May about 1.64 and July down 30 to 1.50 as traders react to planned sowing and surplus. Corn and oats inch lower while provisions edge higher on light demand and weather jitters. Butter climbs to 30 40 in creamery, eggs steady, reflecting modest gains in dairy and rising stored grain cautiousness.
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More
Fed Steer Market Prices and Regional Livestock Totals
Cattle receipts show steady calf values with top midweek ranges around 16.00 to 20.20 and hogs lifting to about 12.19 while packing sows fetch near 10.00 to 10.75. Sheep figures include native springers at 16.40 and shorn lambs near 72.00, with Texas wethers at 3.25. Oklahoma and St Louis reports note higher hogs and steady cattle through May 7.
MENTIONED IN THIS ARTICLE
Ae Os Press
Nsas City
Bologna
Atocker
Port Worth Livestock Market Report May 7
Port Worth dispatch AP reports cattle receipts 2 466 with calves and stockers steady to firm. Cattle prices range from 3.50 to 9.00 for various cuts. hogs 700 head higher top 11.65 with packing numbers around 9.10 to 10.00. sheep steady with lambs 10.00 to 15.00 and feeders 9.00 to 17.00. Bulls, yearlings, and ewes show mixed prices.
MENTIONED IN THIS ARTICLE
Associated Press
Oklahoma City
Chicago Livestock Market Report May 7
Chicago livestock arrivals include hogs 23 000 up, top 12.10 and live prices around 10.85. Slaughter hogs at 11.90, heavies 12.41, mediums 11.00 12.10, lights 11.40 12.10. Cattle receipts 15 000 down with best heavy steers at 16.85, mixed steers and heifers 11.25, fed steers 10.50, heifer yearlings 10.50 10.75, yealers 5.50. Sheep receipts 15 008 with prices for clipters 13.50, California springers 16.50, clipper awes 38.00.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
California
Coffee futures rise as stock and cover push prices higher
Associated Press reports May 7 in New York that coffee futures opened about 20 points higher with light covering and trade buying to guard against Rio coffee sales. July futures at 14.40, May at 16.65, other months mixed amid unsettled spot market and estimated 167,000 lots traded.
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Associated Press
New York
An & Little
James
Gust
Part Bourbon Sa
Foreign Exchange Rates From Paris to Belgiium and Germany
A scrambled note lists exchange values including francs to Belgium and Germany. It cites 4.853 ny, 9.04 for Germany, 1.00 for Montreal, and other figures such as 10k and 5205, indicating varying demand and cable rates.
Cotton seed oil and money market updates May 7
Cotton seed oil was quiet with modest support from firming farc. demand slow and prices eased. Close barely steady to 11 points lower. sales 8,400 barrels. Prime crude 9.25 to 9.54. May 10.80. July 16.98. September 11.38. October 11.92. Call money firmer. bids around 4 to 4 1/2. loans steady. U S bonds mixed with Treasury notes and Liberty issues quoted.
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Associated Press
New York
Farc
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