Stockyards Springfield Hog Prices Fall Across Carcass Grades
Eastern Cornbelt carcass prices closed weak to 0.50 lower with 0.5 to 0.9 inch bf ranges from 55.75 to 73.18 dollars. Today's Illinois direct hog purchases show 16,282 head with prices steady to mostly 1.00 higher on moderate demand. 1-3 300-400 lb hogs 27.00-31.00, 400-500 lb 28.00-31.00, 500-600 lb 29.00-32.00, over 600 lb 30.00-32.00. Boars under 300 lb 25.00-31.00, over 300 lb 6.00-8.00.
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Grain Futures Rise On Bargain Hunt In Chicago
Bargain hunters lift corn and soybean prices on the Chicago Board of Trade as July wheat edges higher. Corn futures end modestly up amid perceived oversold conditions, soybeans gain on market corrections and strong soy oil premiums in South America, while July wheat ticks up to 3.16 a bushel with oats at 1.55 and soybeans at 6.21.
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Chicago
Chicago Board of Trade
South America
Stocks edge higher on reports of economy improvement
Wall Street inched up on modest gains after a CPI reading showing no May inflation, easing fears of deflation but dampening bets on a Fed rate cut. Dow rose 4.06 points to 9323.02. Nasdaq 0.1 percent higher to 1668.44. S&P 500 up 0.9 points.
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New York
Wall Street
Federal Reserve
Fed
Dennis Ferro
Evergreen Investments
Price indices show steadiness as May CPI holds
Washington AP reports consumer prices stayed flat in May after April's drop, easing deflation fears. It notes small upticks in factories and utilities and a 6.1 percent rise in housing starts to 1.73 million annual rate, signaling possible industrial recovery and hoped-for growth in the second half.
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Washington
Labor Department
CPI
Federal Reserve
Commerce Department
White House
Ari Fleischer
Bush
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