Stockyards report from Springfield on carcass prices and hog bids
Eastern Cornbelt carcass prices per half inch backfat range from 69.00 to 85.69 along with 13 351 confirmed negotiated purchases today. Illinois Direct Hogs Laws show trading steady with moderate demand and offerings. US 1 3 300 400 Ibs 46.00 48.00, 400 500 Ibs 47.00 49.00, 500 600 Ibs 49.00 51.00, few over 600 Ibs 51.00 53.00. Boars under 300 Ibs 35.00 40.00, over 300 Ibs 10.00 16.00.
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Stocks tumble on oil worries and Dow dips below 10,000
Oil price surge sent markets down with the Dow shedding 163.48 points to 9,963.03 and the Nasdaq and S&P 500 hitting new yearly lows. Crude closed at a record 44.41 dollars as fears over terrorism and Yukos troubles drive selling in energy, materials and other sectors. Jobs data showed first-time claims fell, while continuing claims dropped to 2.91 million.
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New York
Standard & Poor
Market closes lower as Dow slips to near 9,963
Dow Jones finishes at 9,963.03 after a 163.48 drop from the prior session. Broader indexes show mixed moves with Standard & Poor’s 500 down 17.93 to 1,080.70 and Nasdaq up 33.43 to 1,821.63. NYSE volume stands at 1.39 billion shares by 4 p.m.
Closing Stock Prices Summary
Closing stock prices listed with varied decimals and figures. The data includes multiple entities such as stock identifiers and price values in dollars and cents, though the OCR text is fragmented and difficult to parse into coherent details.
Jobless claims drop to 336000 in week ending July 31
The Labor Department reports new unemployment benefits fell by 11 000 to 336 000 for the week ending July 31, the lowest in early July and slightly above some forecasts. Analysts note short term volatility tied to auto plant shutdowns but see a improving long term trend from 399 000 a year earlier. Analysts also cite weak July retail sales, especially mall chains like Gap, due to higher gas prices and cautious spending.
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Joseph Battipaglia
Ryan Beck & Co
Labor Department
Gap
Grain futures rise on Chicago Board of Trade trading
In Chicago Grain futures climbed with soybeans and major grains advancing on Thursday. Wheat for September delivery gained 3 cents to 3.211 a bushel while September corn rose 2 percent to 2.24 a bushel September oats increased 22 cents to 1.32 a bushel and September soybeans rose 16 cents to 5.81 a bushel.
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Chicago
Chicago Board of Trade
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