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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 12, 2002
Page
5
Prices across 0.5 to 0.9 inch backfat range from 42.75 to 58.51, with declines of about 50 cents. Illinois direct hog purchases totaled 13 567 with mostly steady demand and light to moderate buying. Carcass weights show price bands for 300-400, 400-500, 500-600, and over 600 pounds, while boars under 300 pounds bring 17 to 25 and over 300 pounds 8 to 11.
Chicago grains eased with corn hitting a 24 week low after the USDA boosted U S corn production by 140 million bushels. Wheat declined while soybeans edged higher and weekly export sales remained weaker. Wheat September 3.23, December corn 2.33, oats 1.55, soybeans 5.19.
Dow Jones Industrial Average finishes at 8801.53 up 11.97 after a session bounce. S&P 500 sits at 927.37 with a 6.90 gain, Nasdaq 1374.43 up 28.42, and NYSE volumes totaling about 2.53 billion shares with after hours activity of roughly 36.65 million.
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