Business Stories from July 5, 2022
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Grains mostly higher, Livestock higher
Jul 6, 2022 2:38 PM - Wheat for Jul. was off 1.50 cents at $7.9225 a bushel; Jul. corn roose 8.25 cents at $7.4425 a bushel, Jul. oats gained 12.50 cents $6.6650 a bushel; while Jul. soybeans was up 5 cents at $15.8025 a bushel. Beef and pork were higher on the Chicago Mercantile Exchange. Aug. live cattle gained 1.58 cents at $1.3450 higher a pound; Aug. feeder cattle was up .60 cent at $1.7330 a pound; while Jul. lean hogs rose 1 cent at $1.1315 a pound.
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Grains lower, Livestock lower
Jul 6, 2022 9:55 AM - CHICAGO (AP) - Grain futures were lower Wednesday in early trading on the Chicago Board of Trade. Wheat for Jul. declined 24.50 cents at $7.91 a bushel; May corn lost 21.25 cent at $7.36 a bushel; Jul. oats was off .05 cents at $6.72 a bushel; while Jul. fell 20 cents at 15.92 a bushel. Beef pork were higher on the Chicago Mercantile Exchange.
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Asian benchmarks mostly lower after tepid Wall St session
Jul 6, 2022 7:00 AM - Asian shares are mostly lower after tepid trading on Wall Street amid worries about a global recession
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Alleged Chinese police database hack leaks data of 1 billion
Jul 5, 2022 7:36 PM - Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai police database in a leak that, if confirmed, could be one of the largest data breaches in history
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Smithfield Foods settles pork price-fixing lawsuit for $42M
Jul 5, 2022 4:01 PM - Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the giant meat producer of conspiring to inflate pork prices
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Newmont, ConocoPhillips fall; Moderna, Cowen rise
Jul 5, 2022 3:23 PM - Stocks that traded heavily or had substantial price changes Tuesday: Newmont, ConocoPhillips fall; Moderna, Cowen rise
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US Foods to open new stores in California, Montana and North CarolinaJul 5, 2022 3:04 PM - Rosemont-based US Foods Holding Corp. Tuesday said its plan to open new CHEF'STORE locations in Merced and Santa Cruz, California; Helena, Montana; and Winston-Salem, North Carolina.
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Proteintech Group opens new Singapore officeJul 5, 2022 2:54 PM - Rosemont-based Proteintech Group Inc. Tuesday said it has opened a new Singapore office and warehouse.
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Elgin Recycling expanding into new West Dundee facilityJul 5, 2022 2:46 PM - Elgin Recycling has leased a new industrial building to house its electronics division at 1101 Wesemann Drive in West Dundee, according to a commercial real estate company involved in the deal.
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Grains mostly lower, Livestock mixed
Jul 5, 2022 2:43 PM - Wheat for Jul. lost 37.50 cents at $7.9375 a bushel; Jul. corn fe11 18.50 cents at $7.36 a bushel, Jul. oats was up 3.75 cents $6.54 a bushel; while Jul. soybeans declined 50.75 cents at $15.7525 a bushel. Beef was lower and pork was higher on the Chicago Mercantile Exchange. Aug. live cattle was off 1.68 cents at $1.3292 higher a pound; Aug. feeder cattle fell 1.80 cents at $1.7270 a pound; while Jul. lean hogs rose 2.55 cents at $1.1215 a pound.
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