Wheat declines on bearish crop outlook and export slack
Wheat prices slump 2.5 to 3.5 cents as traders factor in anticipated larger U S winter crop yields and unsettled weather in the plains and Canada. Selling driven by Eastern houses and soft export demand. corn and oats follow, with provisions easing amid hog price gains and quiet European demand.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United States
Dakotas
Canada
North America
Europe
North Dakota
South Dakota
Call Money Edges Lower as Trading Stages Hints
New York May 29 call money easier with high 6 low 5 15 time loans firm 60 90 days 5 12 four to six months 5 12 prime mercantile paper 4 12 4 percent bankers acceptances unchanged. Chicago May 29 poultry receipts 7 cars with fowls 22 24 12c broilers 30 41c turkeys 20 25c roosters 16 42c ducks 20c spring ducks 28c geese 14c eggs unchanged 40 362 cases.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Prime Mercantile
Secorated Press
Chicago
Market Recovers as Erum Brief Drop Spurs Rally
New York May 29 The stock market recovered from a prior shock and rose broadly with more than two dozen issues reaching new yearly highs. Dodge Brothers and Chrysler led gains on merger talk with Chrysler up to 88 to 884 and Dodge preferred at 83.
Mansfield church tests dual pulpit sermon format
A Mansfield church introduces a new approach where the regular clergyman preaches from one pulpit while a local schoolmaster questions him from a second pulpit. The arrangement aims to stimulate discussion and audience engagement during services.
MENTIONED IN THIS ARTICLE
Mansfield
England
Potatoes Market Report from Chicago Trade
United States Department of Agriculture notes receipts 114 cars on track and 663 cars shipped nationwide. Bliss Triumphs sell around 2.15 to 2.25 with Florida Spalding Rose at about 4.25. Wisconsin round whites priced 1.15, Minnesota 0.75 to 1.05, Idaho Russets 1.10 to 1.25. Overall demand steady to slow with dull activity on old stock.
MENTIONED IN THIS ARTICLE
Chicago
United States Department of Agriculture
U. S
Alabama
Louisiana
Texas
Florida
Spalding
Wisconsin
Minnesota
Idaho
U.S. Exports to Far East Triple in Value Over 48 Years
The United States exported to the Far East last year products worth three times the value of goods shipped there 48 years ago, highlighting a steady growth in trade with the region. The rise marks expanding economic ties and increasing demand across Asia.
MENTIONED IN THIS ARTICLE
United States
Far East
Livestock Prices Report From Chicago Markets May 29
United States Department of Agriculture reports hog receipts at 26 000 with strong to 10 cents higher prices. Hogs top at 10.00 for around 225 lb. cattle receipts 7 000 and calves 3 500 with steer and yearling trade up 15 to 25 cents. Slaughter steers and cows show varied gains and prices across weight ranges. lambs and sheep trends mixed with spring lambs at 18.00 to 19.25 for good to choice cases.
MENTIONED IN THIS ARTICLE
Chicago
United States Department of Agriculture
Allied Press
South ST. Paul
Associated Press
Denver
Arizona
Idaho
California
Cattle and Hogs Prices Mixed in Midwest Market Reports
From South St. Paul and Denver reports USDA cattle and hog receipts show light supplies and steady to higher bids for cattle with calves and stockers in demand. Hogs trade slow but bids near steady with top ends around 9.35, while lambs and sheep show mixed but steady tone amid ample western buyers.
Livestock Market Report Omaha May 29
Osage receipts show 7 000 cattle 500 calves 18 000 hogs and 4 500 sheep. Feeder and beef prices range with fed steers 12.25 to 13.75 and yearlings up to 14.00, hogs top 9.40 at 215 pounds, lambs quoted around 18.50 to 19.00 with Idaho and California offerings.
MENTIONED IN THIS ARTICLE
Associated Press
Omaha
United States Department of Agriculture
Idaho
California
Kansas City Market Report May 29 Calves Hogs Sheep
Cattle receipts 6000 calves 800 fed steers opening slow to steady light yearlings firm cows slow bulls unchanged. Notable prices: Colorado light weight steers 13.50, Kansas light weight 14.25, heavy 14.00. Hogs receipts 14000 active steady to up 10c. top 9.50 for 220–260 lb. Sheep receipts 8000 active. natives and Arizona springers 18.25, natives 17.50–18.00, clippers 15.25, wethers 10.75, ewes 7.75.
MENTIONED IN THIS ARTICLE
Kansas City
Associated Press
United States Department of Agriculture
Colorado
Kansas
Arizona
Texas Lambs
Best Clippers
Portland Grain Prices and Car Receipts May 29
Portland data shows Wheat prices with B B B hard white at 1.52 dollars. Soft white and western white at 1.42 dollars. Hard winter northern spring western red at 1.32 dollars. Today’s car receipts list wheat 28 flour 4 corn 9 oats 2 hay 1.
MENTIONED IN THIS ARTICLE
Minneapolis Grain
Minneapolis
Montana
Portland
Ore
Market Report Averages Rally On Call Money Lead
In New York May 29 the call money rate dominated trading as late 5 percent levels sparked a sharp market rally with active covering. Chrysler led early gains on heavy turnover amid strong earnings reports while Radio and copper shares showed mixed action. Steel firms improved and oil shares advanced after a price war in Southern California ended. airplane stocks lagged after merger denial.
MENTIONED IN THIS ARTICLE
New York
Motor
Dodge Brothers
Chrysler
Dodge
Motors
Coolidge
General Motors
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Hupp
Nash
Packard
Studebaker
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Moon
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American Radiator
Bayak Cigars
Baldwin Locomotive
United Biscuit Common
Steel Trade
California
Grain News Highlights Mixed Wheat Corn and Rye Markets
Chicago May 29 Wheat shows thin support after an early rally with scattered long liquidation amid favorable rain in the Northwest and weak export demand. Wheat prices below last year, with a near virtual soft-wheat crop failure. Corn held better but closed lower with strong cash demand and 175 000 bushels sold. Oats show heavy liquidation with 110 000 bushels delivered and 550 000 bushels sold to store. Rye futures weak with little demand and heavy liquidation. export dull but foreign reports modestly favorable.
MENTIONED IN THIS ARTICLE
Chicago
North Dakota
Canada
Northwest
Kansas
Winnipeg
Portland Market Report May 29 Receipts Mixed
Portland market news shows cattle receipts zero and no early trading. Hogs saw few trucked in selling barely steady to lower with top 9.85 on choice light pigs. Sheep receipts 160 with no early trading.
MENTIONED IN THIS ARTICLE
Portland
United States Department of Agriculture
Cattle and Hog Prices Steady at Spokane Market
Spokane market reports cattle receipts at 65 head steady. Hog receipts 192, 10c lower with prices ranging from 7.25 to 9.25 for various hog categories. Sheep receipts 7, steady.
Seattle cattle and hog prices on May 29 receipts
Cattle receipts 232 with prices rising 25 to 75 cents. Steers ranged 9.75 to 12.. feeders 8.75 to 9.. heifers 10 to 10.50. cows 7.9 to 9.5. canners 6 to 6.75. bulls 7.5 to 8.5. calves 13 to 14.5. Hogs receipts 219 with weaker market. prime lights 9.9 to 10. smooth heavies 8.7 to 9. rough heavies 7.7 to 8. pigs 8.25 to 9.
MENTIONED IN THIS ARTICLE
Seattle
Hog price quotes from Hansen Packing Co
Hansen Packing Co Butter and hog prices quoted: choice hogs at 9 dollars, medium heavy 88'5 dollars, extra heavy 677 dollars, lights 88' , extra lights 77 dollars.
MENTIONED IN THIS ARTICLE
Hansen Packing CO
Hansen Packing Company of
Butter Choice
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