Markets and Mining News Hit by Downturn in Wheat
Chicago July 22 Associated Press reports big domestic figures and higher Canadian yields accelerate wheat selling. Prices fall with corn also down. town reports show large weekly receipts and forecasts of higher prairie output due to improved weather. Export demand rises for wheat to Mexico as cooler weather shifts the corn market.
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Hogs and cattle market report from Midwest auction
Receipts show heavy weight hogs around 13.50 to 15.18 with steady to firm demand. Cattle and calves move in mixed ranges with packers and buyers active, young stock steady to higher, lambs and sheep also noted with solid demand and price support amidst varied regional prices.
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Wheat Market Turmoil Amid Mixed Global Cables
Grain markets show early demand for wheat in New York and South West, with prices pressured by cautious selling. Reports note weather in the North West and crop conditions, while expectations of Argentine shipments impact weekly trade and futures sentiment.
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