Stockyards Springfield Carcass Prices and Illinois Hogs
Eastern Cornbelt carcass prices per inch bf range from 40.28 to 48.24 for 0.5 inch to 0.6 inch, down to 36.75 for 0.9 inch. Today's negotiated purchases total 19,505. Illinois direct hogs show mostly steady demand with US 1-3 weights 300-400 lb at 17.00-18.00, up to 28.00 for select over 600 lb. boars under 300 lb 12.00-17.00 and over 300 lb 4.00-8.00.
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Illinois
Grain futures slip on CBOT after Australia crop cut
Futures for wheat, corn, oats and soybeans on the Chicago Board of Trade closed mixed. Wheat and corn edged lower as funds sold after an early rise, while oats rose and soybeans fell slightly on the day.
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Chicago
Chicago Board of Trade
Australia
Argentina ends part of banking freeze easing peso cash flow
President Duhalde eased a year old partial banking freeze allowing Argentines access to checking and savings accounts. Crowds formed at major Buenos Aires banks as dollars remained sought and the Central Bank sold funds to stabilize the peso at 3.55 per dollar.
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United Airlines Mechanics Vote Again On Concessions
United Airlines mechanics will vote on 6 to 7 percent wage cuts and revised benefit terms to secure a $1.8 billion federal loan guarantee and stave off bankruptcy. The vote follows a 57 to 43 percent rejection last week, as union leaders urge ratification to preserve airline operations and avoid loss of control.
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Stocks Mixed After Strong Retail Start In Holiday Trade
In New York the market briefly rose as Dow Jones surpassed 9000 for the first time since summer, then fell after a weak manufacturing report. Tech shares remained among the market's strongest while investors questioned whether the retail surge was due to a shorter season or deeper discounts.
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