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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Aug 02, 2006
Page
5
Soybean futures slipped while mixed grain trading occurred on the Chicago Board of Trade. Wheat for September delivery closed down 5 cents at 3.92 a bushel, September corn rose 1 cent to 2.40 a bushel, September oats slipped to 1.8844 a bushel, and September soybeans fell 6 cents to 5.794 a bushel.
Eastern Cornbelt carcass prices vary by weight from 0.5 to 0.9 inch basis with ranges. Today's negotiated purchases exceed 12 thousand. Illinois Direct Hogs Laws indicate steady to higher trading with light to moderate demand. US 1-3 hog weights reveal price bands from 27 to 35 dollars per hundredweight. Boars priced 28 to 32 for under 300 pounds and 12 to 15 for over 300 pounds.
U.S. markets fell for a second straight session as an 11 year high price index rose and inflation data signaled persistent price pressures. Tech shares and small caps led losses while consumer spending edged up 0.2 percent in June and year over year inflation reached 2.4 percent.
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