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Newspaper
Danville Register
Location
Danville, Virginia, United States of America
Date
Sep 14, 1965
Page
18
Liquidation and short selling weaken grain futures with September soybeans down about 3 cents a bushel, corn and oats off around a cent, and wheat easing 0.5 to 1 cent. Government crop estimates raise production forecasts and traders cite rising new-crop supplies as pressure. near-term prices slip in a quiet, uncertain market.
AP notes grain and livestock price numbers from Chicago trading, highlighting No 2 hard wheat at 1.56 N, No 2 red wheat 1.56 N, No 2 yellow corn 3.3, No 2 yellow corn 1.31, and No 2 heavy white oats 0.794 N. The fragment ends with unclear text.
New York reports stocks higher with heavy trading while bonds steady and Treasuries stronger. Chicago notes wheat easier with late recovery, corn and soybeans weak amid liquidation. hog demand remains active with 5,000 head, top price $23.75, sows steady to 25 cents lower, cattle 15,000 head largest in months, spring slaughter lambs steady with prices $23 to $25.25.
AP reports USDA note that wholesale egg offerings are adequate and demand is good. New York spot quotations list whites and browns by grade and weight, with ranges for extra fancy heavy weight, fancy medium, and smalls. Prices shown in per dozen metrics and vary by weight class.
The New York market closed with the Dow Jones averages showing declines as some sectors slipped. Rails and utilities finished lower while industrials and potatoes moved on mixed demand and moderate supplies across the U.S. markets.
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