Wheat Price Plunge Follows Peak Market Peak
In a volatile session wheat prices fell sharply after hitting new seasonal peaks. December delivery moved to around 1.74 dollars, May near 1.70 to 1.71, with broader declines across corn and oats and mixed changes in provisions. Rail hubs like Omaha Minneapolis and Kansas City aided selling as Argentine crop forecasts and rains influenced early declines before a late buying stampede partially revived prices.
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Associated Press
Chicago
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Argentina
Stock Market Rises on Broad Gains Amid Confidence
New York stocks advanced across a wide range in a cautious session. Gains of two to seven points were common as investors welcomed steady money rates and favorable trade hints. Steel, Dupont, GM and oil shares led, with rail issues showing purchase interest and foreign exchange firms supporting optimism.
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Flax Prices Steady in December Trade
From Duluth December 4 the Associated Press reports close flax prices for December at 2.61 and January at 2.64 with February 2.66 and May 2.671 as 거래 figures.
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Duluth
The
Associated Press
Sugar Prices Hold Steady Amid Quiet Market
Associated Press reports refined sugar steady at 6 to 5.50 cents per pound for fine granulated. Futures closed irregular with approximate sales of 61,000 tons. December 2.38, January 2.87, March 2.42, May 2.53, July 2.62 cents.
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Associated Press
New York
Potato Market Slows as Prices Dip in Chicago Trade
Potatoes receipts reach 56 cars with total U.S. shipment at 412 and Canada 8. Wisconsin Minnesota Round White sells at 3.25 to 3.60 per sack, occasional fancy shade higher. poor quality at 2.00 to 2.85. Canadian mixed varieties 2.75 to 2.85. Idaho Russell sacks 3.25 to 3.50. Britain’s brick demand exceeds supply.
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Associated Press
Chicago
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Russell St
Rail and oil shares rally on New York rate cut
New York rediscount rate at 3 percent spurred an early rally in many industrial stocks with shorts covering. Afternoon trading brought a broad price recovery led by United States Steel as steel production outlook improves and coal and oil shares rise amid strike sentiment.
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Wheat prices retreat after record highs amid profit taking
Chicago trading closes with a sharp drop from season highs as wheat profits pull back. Winter grain draws demand from the Southwest while Australian crop hopes temper gains. Argentine outlook and renewed selling pressure push corn and oats lower amid subdued export demand.
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Logan & Bryan
Chicago
Australia
Minneapolis
Chicago hog and cattle market summary with mixed trends
Hog receipts reach 22000 with uneven demand and higher weights selling up to 11.75. Cattle receipts 6000 with generally steady values. fat steers around 10.25 to 10.65, cows 5 to 7.75, vealers 10.26 to 11, yearlings and bulls noted. Sheep receipts 10000 with fat lambs active, mid weights around 16 to 17, cull natives steady at 12 to 13, midweek prices rise modestly.
Omaha Livestock Prices and Receipts Summary
Omaha market report lists hogs with 140 to 180 pounders at mostly 10.90. 180 to 280 pounders 10.85 to 11. sows 10 to 10.25. Cattle receipts 2,000 with fed steers and yearlings steady to slow. butcher cows 4.50 to 6. veal top 9.50. Sheep receipts 5,000. lambs 10 to 15 cents lower. top on wool lambs 16.10 and feeding lambs around 15.60 to 15.75.
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Associated Press
Omaha
St Paul Markets Mixed Cattle Hogs And Lambs Demand
Cattle receipts total 1700 with steady to firmer demand for killing classes. Calves 1800 steady to 25 cents higher. Hogs receipts 15500 with light hogs up 10 to 20 cents and other weights steady to strong. Sheep receipts 1500 with fat lambs near Thursday’s levels and light ewes around 8 dollars. Prices shown include cattle at 6.50 to 8.50 and hogs around 10.77 average cost Thursday.
Cattle Prices and Receipts From Sioux City Market
Sioux City Iowa December 4 cattle receipts about 2000 with market fair and steady bid for killers. Fat steers and yearlings priced at 6.13 to 8.9 for bulk buys, fat cows and heifers 5.50 to 10, canners 3 to 4, grass cows 4 to 7, veals 4 to 10, bulls 4 to 5.25, feeders 6 to 8.50, stockers 5 to 8, stockers and calves around 3.25 to 6.40 feeding cows and heifers.
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Sioux City
The
Associated Press
Iowa
Denver Market Report Delivers Mixed Livestock Receipts
Denver market notes show hog receipts 150 with one load and few drives and higher prices up to 11.30 for hogs and 11.35 for drives. Cattle receipts 100 calves 50 steady values with good native cows at 6.00, Idaho 5.75, fat heifers 6.35, Montana feeders 7.50, Colorado 7.85 to 8.25, yearling feeder heifers 6.50 and few cows 4.50. Sheep receipts 1,050 with nothing on sale.
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Associated Press
Idaho
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Cattle Hog and Sheep Prices Reported in Los Angeles Market
Los Angeles market notes cattle receipts about 400 with cows 2 to 6 higher and canners to 3.75. calves 6 to 9. hogs 200 with top 13 for 173 pounds. sows around 10.50. sheep receipts none with lambs 14 to 15 and ewes 5.50 to 8. Prices reflect steady to higher trend across categories.
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Los Angeles
The
Associated Press
Portland Stock Market Brief Delivers Mixed Cattle Hogs
PORTLAND Dec 4 cattle receipts 102 with no trading and nominal steadiness. Hog receipts 66 all on contract indicating a quiet market day.
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Portland
Meat market report on lamb and sheep receipts
Three decks light butchers late Thursday with higher prices at 12.76. Sheep receipts light, nominally one handful of fairly good drive-in lambs at 12.50.
Spokane Market Report Brief
Spokane markets show cattle receipts at 58, hog receipts 27, sheep none. Market steady with no change in quotations.
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Spokane
The
Associated Press
Boston Wool Market Sees Dull Domestic Trading
The Commercial Bulletin notes a quiet domestic wool market with hard to quote prices and buyer-friendly bids. Foreign markets soften, South American quotes slip two to three cents, and the goods market remains slow. Mohair stays quiet but steady as listed quotations for various fleece and fiber grades are provided.
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London Metals Prices and Futures Snapshot
London market report lists standard copper spot at £59 17s 6d with futures £60 17s 6d Electrolytic copper spot £66 futures £66 190s Tin spot £287 12s 6d futures £281 11s 6d Lead spot £35 5s futures £34 12s 6d Zinc spot £38 12s 6d futures £37 12s 64d Prices reflect current London exchange quotes across metals with several futures values noted.
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London Metals
The
Associated Press
London
Bar Silver and Mexican Dollars Course Report
Bar silver in New York on December 4 moved to 69 and three quarters cents per ounce Mexican dollars traded at 53 and a half cents London reported bar silver at 323p16d per ounce for December 4 period times noted in financial desks.
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