Stockyards Peoria hogs and cattle prices report
AP stockyard report shows 500 hogs trading moderately with barrows and gilts steady. 1-2 weights 230-260 lb at 37.50-38.00, 2-3 at 37.00-37.50. sows 300-700 lb at 30.00-33.00, boars over 300 lb 10.00 and under 300 lb 31.00. Cattle 150 head trading moderately. higher choice slaughter steers and heifers, cows not enough to establish market. Slaughter steers 2-3 at 1,050-1,350 lb 77.50-78.00. tight ranges for other classes. heifers and cows list partial values.
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Chicago Wheat futures climbed 3 cents to 3.54 a bushel with fund buying supporting a continued rally. September corn advanced 2 3/4 cents to 2.09 1/2 a bushel, while oats dropped 4 1/2 cents and soybeans slipped as forecasters predicted limited impact from upcoming heat in the West on eastern growing areas.
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Stocks Mixed After Late Day Rebound
Stocks closed mixed with a late-day rebound after a weak start as investors awaited earnings news. The Dow rose to 9186.04, the Nasdaq fell to 1714.06, and the S&P climbed to 982.82 amid expectations of a second-half recovery. Analysts say moves are technical, not fundamental, with August seen as a testing period.
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Factory orders rise 1.7 percent in June signaling manufacturing uptick
U S factory orders climbed 1.7 percent in June from May, the strongest gain in three months. Broad-based gains included machinery, household appliances, automobiles, and nondurable goods such as food products and chemicals, following a 0.3 percent May rise.
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