| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Friday, July 20. | |||||||
| Markets finished down today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Down | (121) | points | 12,823 | 3:12 PM | ||
| S&P500 | Down | -1.01% | percent | 1,363 | |||
| Nasdaq Composite | Down | -1.37% | percent | 2,925 | |||
| 30 Year Treasury | Down | (6.80) | basis points | 2.55 | |||
| Soybean futures gained on farmer and investor concern about food for cattle and other livestock as a drought in the U.S. heartland continues to devastate corn crops and pastures. With the prime sources of cattle feed in increasing short supply, soybeans and soybean meal have emerged as an alternate feed source, raising their market prices. Soybean and corn futures ended at record highs Friday. Wheat futures continued to trade at their highest level since 2008. | |||||||
| The dollar advanced, and he euro declined for a third week, trading at a more than two-year low against the greenback as investors’ appetite for risk ebbed and Spanish bond yields saw renewed upward pressure. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/soybean-corn-futures-rise-on-livestock-worries-2012-07-20 | |||||||
| http://www.marketwatch.com/story/us-dollar-climbs-against-major-currencies-2012-07-20 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||