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Archive for Monday, December 6, 1999

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December 6, 1999

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Local markets

As of Monday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.14; soybeans, $4.43; milo, $1.43; corn, $1.65. Midland Elevator -- Wheat, NA; soybeans, $4.46; milo, NA; corn, $1.65. North Elevator -- Wheat, $2.14; soybeans, $4.48; milo, $1.43; corn, $1.70.

USDA Loan Deficiency Payments -- Wheat: 58 cents. Corn: 25 cents. Oats: 13 cents. Soybeans: 87 cents. Milo: 57 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry moderate, demand light. Sales confirmed for the week to date on 18,000 head including 17,900 head previously contracted or formulated cattle. Asking prices and bids not well established early, last well established market last Thursday, mostly 70.00. Sales FOB feedlot net weights 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 limited supply steers and heifers steady. Slaughter cows and bulls 1.00-2.00 lower. Slaughter steers: choice 3 1050-1222 lb 67.50-69.85. Slaughter heifers: choice 3-4 1108-1218 lb 67.85-70.00. Slaughter cows: Breaking 70-80 percent lean 33.50-36.00, high dressing 36.00-37.50, low dressing 30.50-31.00; boning 80-85 percent lean 32.00-37.00, high dressing 36.50-39.00, low dressing 28.00-32.50; lean 85-90 percent lean 26.00-32.50, high dressing 32.50-33.50. Slaughter bulls: yield grade 1 1300-2000 lb 40.00-42.50, low dressing 37.00-38.00.

Estimated Slaughter Hog Receipts: 400. Compared to Thursday, barrows and gilts 1.00 higher; 46-50 percent lean 230-270 lb 34.50-35.00; 44-48 percent lean 270-290 lb 33.50-34.50; package 270 lb 35.00. Sows: No comparison; 1-2 300-500 lb 22.50; 1-3 500-550 lb 25.00; 550-700 lb 28.00-29.00. Boars: All weights 10.00.

Nonferrous metals

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

Aluminum - 69.8 cents per lb., London Metal Exch. Mon.

Copper - $83.0 Cathode full plate, U.S. destinations.

Copper - 80.00 cents per lb., N.Y. Merc spot Mon.

Lead - 29-31 cents per lb.

Zinc - 57.37-57.87 cents lb., delivered.

Gold - $276.10 troy oz., Handy & Harman (only daily quote).

Gold - $276.40 troy oz., NY Merc spot Mon.

Silver - $5.130 Handy & Harman (only daily quote).

Silver - $5.098 troy oz., N.Y. Merc spot Mon.

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

Platinum - $430.00-$435.00 troy oz., N.Y. (contract).

Platinum - $417.40 troy oz., N.Y. Merc spot Mon.

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