Commodity Prices Nudge Higher Across Markets
Grain prices rose on the Chicago board while hog prices held steady to 25 cents higher and cattle stayed steady to strong. Cotton futures opened mixed, soybeans fluctuated with gains earlier then profit-taking, and wholesale meat markets showed relative steadiness amid overall active trading.
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Tahiti gets drydock in modern ship repair effort
Tahiti adopts a contemporary drydock funded by the Marshall Plan via the Paris Economic Cooperation Administration to boost merchant shipping in the Pacific. The $250000 facility in Papeete reduces reef damage, cuts repair time, and supports copra trade and South Sea island production.
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