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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 10, 2006
Page
5
Gold and silver futures settled mixed in New York with brief peaks. August gold slid to 612.80, July silver rose to 11.21, while platinum held near 1190.20 and palladium edged up to 325.55. Copper slipped to 3.2675 per pound as oil climbed above 71 a barrel.
Soybean futures declined Friday on the Chicago Board of Trade while grain prices mostly eased. July wheat dropped 11 cents to 3.724 a bushel, July corn fell 30 cents to 2.42, oats steady at 1.86, and July soybeans slipped to 5.85 a bushel.
Eastern Cornbelt carcass prices for 0.5 to 0.9 inch bf range from 61.00 to 78.14 per hundredweight with 0.5 inch at 66.50-78.14 and 0.9 inch at 61.00-74.47. Today’s negotiated Illinois Direct Hogs total 11,661 with bids steady to one dollar higher and moderate demand. weights 300-600 lbs run 25.00-32.00, with 600+ lbs at 30.00-34.00. Boars carry 22.00-28.00 for under 300 lbs and 12.00-18.00 for over 300 lbs.
Wall Street wrapped its worst week of the year with a moderate Friday decline as inflation and higher interest rates spooked investors. The Dow fell 46.90 to 10,891.92, the S&P 500 slipped to 1,252.30, and the Nasdaq dropped to 2,135.06 amid renewed concerns about rate hikes and slower growth.
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