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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Nov 27, 2002
Page
5
Eastern Cornbelt carcass prices closed unevenly with slight gains. Negotiated Illinois Direct Hogs totaled 18 358 head with bids largely steady to 2.00 lower as buyers eyed light to moderate demand. Prices listed by weight range and category for 300 to over 600 pounds and boars.
Grain futures in Chicago slipped as wheat led losses on disappointing export market signals. Corn also declined while soybeans rose slightly, reflecting mixed sentiment among traders.
New York AP reports a weaker than expected consumer confidence reading rattled Wall Street on Tuesday, prompting profit taking after seven weeks of gains ahead of a shortened holiday shopping season. The Dow fell 172.98 to 8676.42, the Nasdaq dropped 37.47 to 1444.43, and the S&P 500 declined 19.57 to 913.31 as analysts weighed retail prospects and Black Friday impact. The Conference Board index rose to 84.1 from 79.6 in October but missed forecasts of 85.0.
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