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CORN and soybean prices in the Southeast mostly declined during the week ended July 30. Soy-beans ranged 1-1/4 to 22-1/2 cents lower, mostly 10 to 15 cents lower. The cash spread was $5.96 to $6.28. Corn closed mixed with prices ranging 2-3/4 cents lower to 6 cents higher, mostly 2 cents lower to 1 cent higher. The cash spread was $2.69 to $3.11-1/2.
Cattle continued to trend lower since the second week in June. Barrows and gilts closed $1.50 lower than the previous week. Cotton prices also continued to decline during the week.
GRAIN—During the period ending July 29, corn and soybean prices were mostly lower. Soybean prices ranged 1-1/4 to 221/2 cents lower, mostly 10 to 15 cents lower. The cash spread was $5.96 to $6.28. Corn prices closed mixed with prices ranging 2/ 3/4 cents lower to 6 cents higher, mostly 2 cents lower to 1 cent higher. The cash spread was $2.69 to $3.11-1/2.
Bids to corn producers in Southeast Virginia were steady to 1 cent higher at $2.80 to $2.92 and Richmond, $2.90 to$2.95. Wilson, N.C., ranged 1 cent lower to 2 cents higher at $2.89 to $2.90. South Carolina’s Piedmont area held steady at $2.95. Louisville, Ky., dropped 2 cents with $2.83 to
96.0%