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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Jun 16, 1977
Page
6
cattle and calves total 2900 head with mixed results. slaughter steers and heifers mostly steady to higher, Holstein steers weak. bulls steady to weak. hogs active with light early supply lifting prices then steady. sheep and lambs weaker for slaughter, feeder lambs and lamb prices mixed to firm.
Heavy selling pressured the soybean complex with old crop deliveries closing at limit losses. Soybeans slipped 3 cents, meal down $10 a ton, and soybean oil off 75 points while wheat, corn and oats moved higher. Prices at period end show soybeans unchanged to 30 cents lower. July bids around 8.062 for soybeans, 2.404 for wheat, 2.33 and a half for corn.
Wheat No 2 hard red winter at 2.364 to 2.436, No 2 soft red at 2.23 to 2.24, Corn No 2 yellow around 2.21 to 2.25, Oats No 2 heavy at 1.49, Soybeans No 1 yellow 8.18. Wisconsin cheddar and Swiss cheese markets show ample supplies and slow to fair demand with varied block and daisy prices. Major U S potato markets list California long whites 4.50-5.00, round reds 5.50-6.00, centennials 4.50-5.00, with Arizona and Alabama prices also noted.
California lenders ride strong home loan demand while New York rivals face weak corporate lending. Bank of America reports a 17 percent rise to 83 million in Q1 versus Citibank at 88 million, widening to a narrow gap as the two battle for leadership in assets and profits.
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