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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Apr 12, 2003
Page
5
Chicago Board of Trade activity was lackluster as grain and soybean futures closed mostly down. Wheat for May delivery slipped to 2.84 dollars per bushel, May oats fell to 1.79, while May corn rose to 2.39 and May soybeans declined to 6.00 dollars per bushel.
Eastern Cornbelt carcass prices unavailable by the source. Today's negotiated purchases in Illinois show light demand for light to moderate offerings. Hog weights 300-400 lbs 20.00-24.00, 400-500 lbs 22.00-25.00, 500-600 lbs 24.00-26.00 with an instance at 28.00, over 600 lbs mostly 27.00-28.00. Boars Under 300 lbs 18.00-22.00, over 300 lbs 4.00-6.00.
Investors edge lower ahead of next week’s earnings reports, with all major indexes retreating and posting weekly losses. The Dow fell 17.92 to 8203.41, Nasdaq dropped 6.76 to 1358.85, and S&P 500 declined 3.28 to 868.30 amid mixed economic signals and wary sentiment.
Congressional negotiators finalize a $3.2 billion relief plan for airlines hurt by war and terrorism. It includes $2.9 billion in aid with $2.4 billion paid within 30 days and extended unemployment benefits for aviation workers who lost jobs since Sept 11 2001.
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