Markets and Wheat Prices Slump Across Grain Markets
Trading on October 22 saw wheat futures tumble as selling pressure rose led by eastern interests and speculative traders. Prices for December and May slipped while corn and oats fell with widespread bearish factors including reduced premiums in Kansas City and favorable Australian weather. Minnesota grain reports noted ranges for No. 1 and No. 2 grades and flour values, with butter, eggs, and cheese markets showing mixed movement in New York and Chicago.
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Ratne
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Associated Press
Montana
Assovinind
New. York
Manganese Award to Anaconda Co
An award of 33318.43 dollars to the Anaconda Der company under the war mineral relief act was announced today. The award compensates the company for losses sustained in the mining of manganese in the Butte district during the war.
Market Forward Move Continues Despite Profit Taking
Market movement remained aggressive across sectors with gains held early, but profit taking late in the day unsettled some, while loans and expectations at the Federal Reserve board influenced sentiment. Wheat and corn showed mixed signals amid shifting demand, with declines in wheat offset by steady corn and can article demand. prices in metals and currencies fluctuated as investors priced in international demand and stock levels.
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Logan
Federal Reserve Board
Pennsylvania
Hogs and Cattle Receipts Reported in Chicago Market
Livestock prices show slow receipts in Chicago on October 22 with hogs mostly down. Bulk good and choice hogs range around 140 to 21 dollars per hundred pounds, with various classes listed, while slaughter pigs and heavyweight hogs command lower to mid ranges. Cattle receipts near 10,000, with a slow market and limited desirable weighty steers, stockers, and feeders moderately active, early top mature steers around 15.25.
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Associated Press
Chicago
South St. Paul
The
Dakota
Market notes on cattle and hog receipts across multiple western yards
Receipts for cattle and hogs vary by yard with weak to steady demand. Minnesota and Spokane reports show yearlings and fat cattle steady to soft, vealers steady to higher, and hogs steady to slightly lower. Portland yard notes modest declines in steer and lamb quotes while heavy demand for feeding lambs and bologna bulls remains.
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