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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 02, 2003
Page
5
Grain futures in Chicago gained as soybeans hit contract highs driven by weekly export sales, while corn edged higher and wheat fell on weak demand and prospects of a larger winter crop. July prices: wheat 2.81 3/4, oats 1.49 1/4, corn 2.31 1/2, soybeans 6.31 1/2.
Eastern Cornbelt carcass prices closed lower across 0.5 to 0.9 inch bf ranges with 0.5 inch at 51.00 to 59.52. Negotiated purchases total 15,851 Illinois Direct Hogs show steady to weak trends as demand remains light for moderate offerings. Hog weights 300 to 600 pounds mostly 23.00 to 30.00 with few over 600 pounds at 28.00 to 31.00. Boars under 300 pounds 20.00 to 26.00 and over 300 pounds 5.00 to 6.50.
The Enron investigation expanded with 31 new charges against former CFO Andrew Fastow and fraud and insider trading indictments against Lea Fastow and nine other former Enron executives. Lea Fastow and six ex- Enron officials surrendered in Houston and entered innocent pleas.
The session shows High 8 488.35 Low 8 340.23 Close 8 454.25 up 25.84 with NYSE totals of 1 398 293 426 revised daytime volume and 12 166 574 after hours. Consolidated volume 1 760 271 830 with 1 672 issues higher and 1 545 lower and 196 unchanged.
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