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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 16, 2004
Page
5
Chicago AP reports grain and soybean futures declined on the Chicago Board of Trade. Wheat for September delivery dropped 11 cents to 3.33 a bushel, September corn 4 cents to 2.42, September oats 4 cents to 1.36, and August soybeans 29 cents to 7.51 a bushel.
Eastern Cornbelt carcass prices unavailable by source. Illinois Direct Hogs Laws show trading steady to 1.00 lower with moderate demand and offerings. 1-3 300-400 lbs 44.00-48.00. 400-500 lbs 45.00-49.00. 500-600 lbs 46.00-51.00. over 600 lbs 48.00-53.00. Boars under 300 lbs 35.00-40.00. over 300 lbs 10.00-16.00.
U.S. stocks fell as investors grew uneasy about terrorism and future earnings. Despite upbeat quarterly reports from finance and tech, concerns over third and fourth quarter profits, oil prices, interest rates, and elections kept markets volatile amid options expirations.Analyst Richard A. Dickson noted strong earnings but lingering worries on the outlook.
Dow Jones closes at 10163.16, down 45.64 from the session high. S&P 500 falls to 1106.69, while Nasdaq gains 2.17 to 1912.71. NYSE index slips to 6457.12 and Wilshire 5000 declines to 10792.14 as markets consolidate. Russell 2000 rises 2.42 to 562.16 on broad turnover.
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