Cautious outlook for old and new crop corn markets in 1984
Market analysis notes cautious tone for old crop corn with tight supply and rising buying interest in several counties and in the USSR and South Africa. Analysts expect a carryover near 520 million bushels by Oct 1 and warn weather delays could press prices as 1984 plantings unfold. Prices remain volatile as traders await April stocks data and the 1984 crop certainty. Reports from Maryland analyst John Crothers Jr. describe grains futures moving ahead of the April grain stocks release while livestock and hay markets show varied activity across Four States and Woodshorn sales.
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Wheat and livestock futures rise amid cattle on feed report
Wheat futures settle up to 14 cents higher with May at 3.71 a bushel and corn modestly higher. Live cattle futures mix as beef output data spark modest gains and losses across contracts. Oats and soybeans show small moves. beef, hogs, and pork belly markets react to the government cattle-on-feed report. Agricultural prices also list assorted vegetable crate quotations for asparagus, beans, broccoli, cabbage, and carrots.
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Crime drop 7 percent marks largest fall since 1960
FBI preliminary 1983 data show a 7 percent decline in serious U S crime, with murder, rape, robbery, and aggravated assault down 5 percent and property crimes down 7 percent. Administration credits tough crime drive while scholars cite aging baby boom generation as primary cause. declines seen nationwide. A note mentions an early pregnancy class at Monocacy Middle School and a World War I end date marker.
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