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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Mar 10, 2004
Page
5
In Chicago Grain futures climbed on Tuesday with May wheat up 2 percent to 3.70 a bushel, May corn up 9 cents to 3.014, May oats up 0.03 to 1.59, and May soybeans up 0.30 to 9.47 a bushel, reflecting broad gains across staple crops.
Eastern Cornbelt carcass prices unavailable. Illinois Direct Hogs Laws show steady to 1.00 lower with light to moderate demand for heavy offerings. 1-3 300-400 lbs 34.00-36.00, 400-500 lbs 36.00-38.00, 500-600 lbs 38.00-41.00, over 600 lbs 40.00-43.00. Boars under 300 lbs 25.00-32.00, over 300 lbs 8.00-12.00.
Stocks dropped sharply on Tuesday as hiring lag and weak growth fears sparked a broad market retreat. The Nasdaq wiped out its 2004 gains while the Dow edged lower as investors reassessed a rally stretched by earnings outlooks from Nike and Texas Instruments and a disappointing jobs report.
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