Grain Futures Dip as USDA Report Looms on Corn
Corn futures eased on the Chicago Board of Trade as traders position ahead of Tuesday’s USDA supply and demand report. Soybeans and wheat edged higher with cautious activity and light trade. May corn slipped to 2.37 a bushel, May wheat near 3.05, soybeans up to 5.65, oats at 1.83.
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Dow tumbles 171 as war jitters hit markets
Dow Jones drops 171.85 points to 7568.18 amid war fears after France signals opposition to a U.N. Iraq resolution. S&P 500 falls 21.41 to 807.48 and Nasdaq declines 26.92 to 1278.37 as volume remains light and investors grow risk averse.
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Stockyards Peoria Hog and Cattle Prices Report
Hogs: 600 head trading moderately. barrows and gilts steady. 1-2 230-260 lb 33.00-33.50, 2-3 260-280 lb 31.50-33.00. Sows: All weights steady. 300-400 lb 21.00, 400-500 lb 22.00, 500-700 lb 24.00-25.00. Boars: Over 300 lb 6.00, under 300 lb 25.00. Cattle: 100 head trading moderately. choice slaughter steers and heifers 1.00 lower. Slaughter steers: 2-3 1,050-1,350 lb 72.50-73.00, select/choice 1,050-1,250 lb 71.50-72.50, select 1,000-1,200 lb 70.50-71.50. Slaughter heifers: 1,000-1,300 lb 72.50-73.00, 1,000-1,200 lb 71.50-72.50, select 900-1,100 lb. Cows: Not enough to...
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