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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jul 31, 2004
Page
5
Grain and soybean futures declined on Friday at the Chicago Board of Trade. Wheat for September delivery fell to 3.12 per bushel while September corn dropped to 2.17, September oats to 1.21, and August soybeans to 5.99 per bushel.
The Dow Jones Industrial Average ends at 10,139.71, up 10.47 points after trading between 10,086.32 and 10,149.65. The S&P 500 sits at 1,901.72, up 1.29, the NYSE Composite at 6,403.15, up 9.08, and the Nasdaq Composite at 1,887.36, up 6.30.
In New York stock markets Friday a late rally produced a modest gain as oil prices jumped and GDP data disappointed. Major indices closed higher for the week, but July ended with sharp losses, signaling renewed uncertainty about the economy’s growth path.
Eastern Cornbelt carcass prices slip across 0.5 to 0.9 inch bf ranges with bid spreads from 72.84 to 85.83 per hundredweight. Today's Illinois direct hog purchases reach 12 414 with trading steady and moderate demand against heavy offerings. Hog weights 300 400 lbs price 46.00 48.00, 400 500 lbs 47.00 49.00, 500 600 lbs 49.00 51.00, over 600 lbs 51.00 53.00. Boars under 300 lbs 35.00 40.00, over 300 lbs 10.00 16.00.
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