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Consumer Corner: Foreclosure settlement no magic bullet for economy
CHICAGO, Nov. 9 (UPI) -- Grain futures closed higher on the Chicago Board of Trade Monday, as the dollar split, fell against the euro and equities soared in New York.
Corn was up 19 to up 10 1/2, soybeans were up 16 1/4 to up 20, wheat was up 22 3/4 to up 23 1/2 and oats were
Corn futures rose despite favorable harvest weather in the Corn Belt. Wheat prices rose with total marketing year inspections to-date at 42 percent of the U.S. Department of Agriculture forecast. Soybeans futures rose in sympathy with crude oil, which added $1.82 per barrel Monday to $79.25 per barrel.
The prices
Corn: Dec 3.86, up 19; Mar 4.00 1/4, up 19 1/4; May 4.10 1/4, up 19 1/4; Jul 4.19, up 19 1/2.
Soybeans: Nov 9.64 1/4, up 16 1/4; Jan 9.72, up 17; Mar 9.78, up 17 3/4; May 9.81 1/4, up 20.
Wheat: Dec 5.20, up 22 3/4; Mar 5.40, up 22 3/4; May 5.53 1/4, up 22 3/4; Jul 5.65 1/4, up 23 1/2.
Oats: Dec 2.58 1/2, up 4 1/2; Mar 2.72, up 4 1/2; May 2.80 1/2, up 4 1/2; Jul 2.88 1/2, up 4 1/2.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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