Gasoline prices may be turning a corner this summer
Energy Information Administration head Guy Caruso told a Senate panel that prices dipped under two dollars a gallon last week with retail prices down about three cents and wholesale down 23 cents from mid May. He expected further reductions in coming weeks barring major disruptions as demand and supply balance improves and crude prices ease.
MENTIONED IN THIS ARTICLE
Washington
Energy Department
Guy Caruso
Department
Energy Information Administration
Senate
Caruso
Senate Energy and Natural Resources Committee
Eastern Cornbelt carcass prices slip on lighter demand
Stockyards Springfield reports lower Eastern Cornbelt carcass prices across multiple inch categories. Negotiated purchases show 15,348 Illinois Direct Hogs with prices for 300-400 lb pork at 41.00-45.00, 400-500 lb at 42.00-46.00, 500-600 lb at 45.00-48.00, and over 600 lb at 46.00-50.00. Boars under 300 lb 38.00-42.00, over 300 lb 10.00-13.00.
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Hilton
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Springfield
Illinois
Grain futures face mixed moves on Chicago Board of Trade
On Tuesday in Chicago the for July wheat fell 5 percent to 3.51 a bushel, July corn dropped 8 cents to 2.80, and July oats slipped 2 cents to 1.44 while July soybeans rose 1.12 cents to 8.84 a bushel, reflecting varied futures activity.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Inflation accelerates in May, Greenspan signals cautious stance
U S inflation rose 0.6 percent in May, fastest since January 2001, while core inflation edged up 0.2 percent. Greenspan said Fed would raise rates gradually if needed, with a potential move at the June meeting amid expectations of a 0.25 point rise. stock markets advanced on his remarks.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Alan Greenspan
Fed
Labor Department
Senate
Greenspan
Wall Street
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Alcoa Inc
Coke
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Altria Group Inc
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Carbondale, Cin
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Bill
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Dillard’s
Las Vegas
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Enter of Las Vem
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