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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 22, 2011
Page
5
Wheat for September rose 18.50 cents to 7.1675 a bushel while December corn fell 4.75 cents to 6.73. December oats declined 2 cents to 3.63, and November soybeans rose 4 cents to 13.88 a bushel.
Stockyards Peoria reports Hog trading moderately active with barrows and gilts steady. 1-2 230-260 lb fetch 62.50 to 63.00 while 2-3 270-280 lb bring 61.00 to 62.50. Sows steady across weights from 50.00 to 53.00 and boars range 21.00 to 38.00 depending on weight.
New York closing stock report lists AMR AT&T AMD and many blue chips, with mixed closes. Notable movers include Caterpillar Chevron Coca Cola JPMorgan and Walmart, with varied gains and losses across sectors.
Washington reports a spring downturn could linger into summer as layoffs rise and manufacturing barely expands in July after June contraction. While Wall Street climbs on Greece aid hopes, economists warn of tepid hiring with unemployment at 9.2 percent. Industrial activity in the Philadelphia region shows a rebound but remains hampered by the Japanese quake.
Eurozone and IMF approve a second Greece bailout worth 155 billion dollars plus about 70 billion from private creditors through rolling, swapping, or selling bonds. The emergency deal aims to pre empt crises, with markets reacting positively as a potential selective default is anticipated and ECB collateral concerns tied to bank support are addressed.
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