Market turmoil fades as wheat gains fade under profit taking
Chicago markets wavered as December wheat led a sharp advance then slid back under pressure from anticipated supply shifts and thin stock. Reports of corner chatter and limited arrivals cooled prices while oats and corn showed mixed moves. Minneapolis wheat futures and U S butter and sugar prices followed global cues with varying gains and losses.
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Rail Shares Trade Features Amid Market Upswing
The market shows rising rail group activity with September carrier figures and dividend news from Stewart-Warner fueling activity. Grain futures saw mixed, light trade with poor follow-through and variable weather influence. Copper and silver held steady as foreign exchange and money markets showed modest gains amid uneven global signals.
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Livestock Receipts Mixed Across Midwestern Markets
Chicago and Twin Cities reports show cattle and hogs with steady to weak demand. Hogs mostly lower with heavy packers quiet. cattle buyers holding steady to weak on fat steers and grass-fat cows. Sioux City receipts total 3,500 with killers steady and stockers steady, fat cattle around 86 to 136 dollars per hundredweight.
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