Archive for Tuesday, April 27, 1999

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April 27, 1999

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Local markets

As of Monday's close, courtesy of Farmer's Cooperative Assn. South Elevator -- Wheat, $2.42; soybeans, $4.46; milo, $1.64; corn, $1.81. Midland Elevator -- Wheat, NA; soybeans, $4.46; milo, NA; corn, $1.82. North Elevator -- Wheat, $2.47; soybeans, $4.46; milo, $1.64; corn, $1.86.

Dodge City livestock

Dodge City (ap) -- Kansas feedlot sales Monday:

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry fair, demand light. Sales confirmed for the week to date on 9,300 head, mostly previously contracted, formulated or CME delivery cattle. Asking prices mostly 66.00-67.00, bids 63.00-64.00, last sales last Thursday 65.00, moderate volume 65.25-65.50, one pen 66.00. Sales FOB feedlot net weight after 4 percent shrink.

St. Joseph livestock

St. Joseph, Mo. (ap) -- Quotations for Monday:

Estimated Slaughter Cattle Receipts: 300. Compared to Monday of last week slaughter steers and heifers 1.00 lower. Slaughter cows and bulls 1.00-2.00 lower. Slaughter steers: select and choice 3 1065-1208 lb 60.00-61.00; choice and prime 3-4 1189 lb 61.85. Slaughter heifers: scarce. Slaughter cows: high cutter, ytility and commercial 1-3 breaking 34.00-37.00; boning 33.00-38.00, high dressing 37.50-40.50, low dressing 31.00-33.00; other cutters 29.00-34.00, high dressing 34.00-36.00, low dressings 27.50-29.00. Slaughter bulls: yield grade 1 1400-2200 lb 42.00-46.00, high dressing 46.00-48.00.

Estimated Slaughter Hog Receipts: 500. Compared to Friday, barrows and gilts 2.00 higher; 46-50 percent lean 230-270 lb 30.00-30.50; 44-48 percent lean 270-290 lb 29.00-30.00; 42-46 some 316-326 lb 26.50-27.50. Sows: no comparison; 1-2 300-500 lb 22.00; 1-3 500-550 lb 27.00; 550-700 lb 29.00-30.00. Boars: all weights 13.00.

Nonferrous metals

New York (ap) -- Spot nonferrous metal prices Monday:

Aluminum - 58.6 cents per lb., London Metal Exch. Mon.

Copper - $74.00 Cathode full plate, U.S. destinations.

Copper - 69.15 cents per lb., N.Y. Merc spot Mon.

Lead - 48 cents per lb.

Zinc - 51.29-51.79 cents lb., delivered.

Gold - $281.50 troy oz., Handy & Harman (only daily quote).

Gold - $281.30 troy oz., NY Merc spot Mon.

Silver -$5.125 Handy & Harman (only daily quote).

Silver - $5.109 troy oz., N.Y. Merc spot Mon.

Mercury - $150.00 per 76 lb flask, N.Y.

Platinum - $356.00-$359.00 troy oz., N.Y. (contract).

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