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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 01, 2006
Page
5
Wall Street closed May with a modest advance as traders digested Fed minutes showing inflation pressures could push June rate hikes. Major indexes rose despite cautious trading and persistent volatility in the market.
Investors digest May minutes showing inflation concerns and possible rate hikes. Major indices weakened after the report with the Dow sliding amid rising oil prices and weak retail results. The sentiment remains cautious as economists note no major surprises but warn inflation pressures persist.
Eastern Cornbelt carcass prices list lighter weights from 63.50 to 72.71 dollars per hundredweight with ranges across 0.5 to 0.9 inch bf. Today's negotiated purchases total 12 357 hogs with steady laws and moderate demand. hog prices by weight class run 24.00 to 32.00 dollars, boars 22.00 to 28.00 for under 300 Ibs and 12.00 to 18.00 for over 300 Ibs.
Chicago soybean futures declined on Wednesday while grain contracts mostly ended lower. July wheat fell 18.0 cents to 3.934 a bushel, July corn down 3.0 cents to 2.51, July oats up 0.14 cent to 1.82, and July soybeans down 0.04 to 5.79 a bushel.
Tricia Lawler, a longtime smoker at SSM DePaul Health Center, faced a hospital smoking ban that prompted her to quit. The St. Louis Metropolitan Hospital Council said area campuses will be smoke free from Sept 1, with similar moves in Kansas City and Springfield.
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