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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 18, 2002
Page
13
Prices across weights for direct hog purchases in Illinois show steady overall with light demand. Hogs 300-400 Ibs bring 16.00-18.00, 400-500 Ibs 17.00-19.00, 500-600 Ibs 18.00-20.00, over 600 Ibs 19.00-21.00. Boars under 300 Ibs 20.00-25.00, over 300 Ibs 7.00-11.00.
In Chicago, soybean futures slipped after forecasts called for scattered Midwest rain. Wheat for September rose to 3.35 a bushel while December corn dropped to 2.41 1/2. Oats rose to 1.75 1/4 and soybeans eased to 5.30 1/2. Beef futures rose as pork futures declined on CME with live cattle at 65.72 cents, feeder cattle at 78.10, lean hogs at 49.80 and pork bellies at 70.72 cents.
Wall Street ended higher after a choppy trading day that saw the Dow rise 69.37 to 8542.48 as bargain hunting battled profit taking amid doubts about a sustained rebound. Boeing rose 2.07 to 42.94, Ford gained 0.02 to 12.52, Motorola jumped 0.62 to 15.15, Coca-Cola fell 0.37 to 50. Citigroup edged up 0.73 to 36.93 while JPMorgan Chase slipped 0.36 to 28.14 amid mixed quarterly results.
U.S. housing construction slowed in June to a 1.67 million unit annual rate, a 3.6 percent decline from May after a 10.8 percent May gain. Experts say the level remains solid, with mild weather and ongoing demand supporting builders and analysts noting unexpected strength.
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