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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 17, 2006
Page
5
Chicago grain futures closed mixed with soybeans slipping to 6.02 per bushel and wheat rising to 4.04, while July corn trimmed 1 cent to 2.59 and July oats dipped to 1.97 per bushel.
Eastern Cornbelt carcass prices per inch range from 65.50 to 72.85 for 0.5 in and decline to 60.00 to 68.20 for 0.9 in. Today's negotiated purchases show 13 041 Illinois Direct Hogs Lows with trading mostly steady and moderate demand. Hog weights 300-600 lbs quoted 22.00 to 31.00, with boars 21.00 to 28.00 for under 300 lbs and 12.00 to 18.00 for over 300 lbs.
Inflation fears pushed stocks modestly lower as a surge in wholesale prices offset data showing moderating growth. Traders awaited Wednesday’s CPI while bonds rallied and oil prices rose, with the Dow down 8.88 points to 11,419.89 and the S P 500 slipping to 1,292.08.
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