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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Jun 15, 2002
Page
5
Chicago AP report shows grain and soybean futures retreating as investors lock in profits. Wheat for July delivery dips 11.25 cents to 2.9425 dollars per bushel. July corn falls 2.5 cents to 2.0925, oats rise 2.75 cents to 1.8375, July soybeans drop 4.25 cents to 4.97.
Eastern Cornbelt carcass prices were steady to weak with 0.5 inch bf at 45.25 to 53.65, and other weights ranging down to 42.25. Illinois direct hogs show steady to weak demand with over 500 lb prices down by 1.00, light to moderate offerings. Prices for 300-400 lb hogs 15.00 to 17.00, 400-500 lb 17.00 to 18.00, 500-600 lb 18.00 to 20.00, boars under 300 lb 14.00 to 22.00.
The U S stock market closed narrowly mixed as investors stayed cautious after a bombing outside a U S government office in Pakistan. The Dow fell 28.59 to 9474.21 while broader indexes showed mixed results amid warnings from Lucent and Sprint PCS and a dip in consumer sentiment.
Labor Secretary Elaine Chao announced a new culture of responsibility at the NFIB small business summit. The plan includes a compliance assistance director to help firms, led by a new small business office at OSHA to aid understanding and compliance with regulations.
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