Eastern Cornbelt carcass prices rise at Stockyards Springfield
Eastern Cornbelt prices closed one dollar higher with carcass ranges across 0.5 to 0.9 inch backfat. Bid ranges show 0.5 inch bf 53.00 to 59.52, 0.6 inch bf 53.00 to 58.57, 0.7 inch bf 52.00 to 57.62, 0.8 inch bf 51.50 to 56.58, and 0.9 inch bf 50.50 to 55.73. Today's negotiated purchases totaled 15,717.
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Grain futures mixed as soybeans slip in profit taking
In Chicago trading, soybean futures eased Friday with slight losses after a week of declines, while wheat rose on oversold sentiment. July delivery prices showed soybeans at 6.31 a bushel, corn at 2.32, oats at 1.48, and wheat at 2.83 dollars per bushel amid modest overall gains in grains.
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Chicago
Chicago Board of Trade
Illinois Direct Hog Prices Show Modest Demand and Range
Illinois hog market trends show steady activity with light demand for moderate offerings. Price ranges include 1-3 300-400 lb hogs at 23.00-27.00, 400-500 lb at 24.00-29.00, 500-600 lb at 26.00-30.00 with mostly 28.00, over 600 lb at 28.00-31.00. Boars priced at under 300 lb 20.00-26.00 and over 300 lb 5.00-6.50.
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Illinois
Stocks rise as Nasdaq leads in rebound week
The Nasdaq posts its best finish in 10 months as gains spread across the market. Airline shares rally after Merrill Lynch signals industry stabilization, while a jump in factory orders offsets a higher unemployment rate. Dow gains 128 points for a third straight weekly advance.
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