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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Oct 29, 2002
Page
5
Chicago trading floor saw soybeans fall sharply as weekend rain in northern Brazil doused dry fronts. Corn declined while wheat rose on nervous buying ahead of Australia’s crop forecast. Wheat for December gained to 4.15 a bushel, corn to 2.47, oats to 2.04, and soybeans to 5.45 a bushel.
AP field notes trading activity for hogs and slaughter cattle at Stockyards Peoria. Hog weights 230-260 lb 24.00-24.50, 260-280 lb 22.50-24.00 with lighter weights down and heavy steady. Boars over 300 lb 6.00, under 300 lb 17.00. Slaughter steers 1,050-1,350 lb 63.50-64.00, 1,050-1,250 lb 62.50-63.50, 1,000-1,200 lb 61.50-62.50. Slaughter heifers 1,000-1,300 lb 63.50-64.00, 1,000-1,200 lb 62.50-63.50.
New York traders pulled back as profit taking halted three weeks of gains. Dow fell 75.95 to 8368.04 while Nasdaq dropped 15.30 to 1315.83 and S&P 500 slid 7.42 to 890.23 as investors awaited unemployment and manufacturing data and eyed next week’s elections.
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