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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Dec 11, 2002
Page
5
In Chicago Wheat futures sunk to near five month lows on the Chicago Board of Trade. Wheat for March delivery dropped to 3.49 a bushel while March corn rose to 2.38 a bushel oats gained 3 cents to 2.01 and January soybeans rose 2 cents to 5.64 a bushel.
Bargain hunters push the Dow up 100.85 to 8574.26 while volume stays light. The Nasdaq gains 23.62 to 1390.76 and the S&P 500 rises 12.45 to 904.45 as the Fed leaves rates unchanged providing ongoing support amid a soft economy.
Eastern Cornbelt carcass prices are unavailable. Today's negotiated Illinois direct hog purchases trend steady to one dollar lower with light demand for moderate to heavy offerings. 1 to 3 weight 300-400 lb 17.00-19.00, 400-500 lb 20.00-22.00, 500-600 lb 21.00-24.00, over 600 lb 22.00-25.00. Boars under 300 lb 12.00-18.00, over 300 lb 4.00-6.00.
Notice states Trico C.U.S.D. 176 plans to adopt a tax levy exceeding 105 percent of the prior year extension, excluding election costs, for the counties of Jackson Perry and Randolph in Illinois. The annual levy increase targets funding for the preceding year and seeks approval under state law.
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