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Archive for Saturday, December 11, 1999

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December 11, 1999

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Local markets

As of Friday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.09; soybeans, $4.27; milo, $1.37; corn, $1.61. Midland Elevator -- Wheat, NA; soybeans, $4.30; milo, NA; corn, $1.61. North Elevator -- Wheat, $2.09; soybeans, $4.32; milo, $1.37; corn, $1.66.

USDA Loan Deficiency Payments -- Wheat: 56 cents. Corn: 28 cents. Oats: 10 cents. Soybeans: $1.03. Milo: 69 cents.

Dodge City livestock

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

Confirmed: 2,800. Trade slow. Slaughter steers 50-1.00 lower; not enough slaughter heifer sales confirmed for an adequate market test. Inquiry moderate, demand fair. Sales confirmed on 2,600 slaughter steers and 200 slaughter heifers Friday following the weekly volume of 90,700 head which included 49,400 head or about 54 percent previously contracted or formulated cattle. Sales FOB feedlot net weights after 4 percent shrink.

Slaughter steers: Few select and choice 2-3 1085-1400 lb 69.00-69.50, small pen 1400 lb 68.00; pen mostly Select 1175 lb mixed Corrientes 66.00.

Slaughter heifers: Few select and choice 2-3 1085 lb 69.50.

Nonferrous metals

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

Aluminum - 68.7 cents per lb., London Metal Exch. Fri.

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

Copper - 78.30 cents per lb., N.Y. Merc spot Fri.

Lead - 29-31 cents per lb.

Zinc - 58.05-58.55 cents lb., delivered.

Gold - $280.65 troy oz., Handy & Harman (only daily quote).

Gold - $278.90 troy oz., NY Merc spot Fri.

Silver - $5.165 Handy & Harman (only daily quote).

Silver - $5.110 troy oz., N.Y. Merc spot Fri.

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

Platinum - $435.00-$440.00 troy oz., N.Y. (contract).

Platinum - $419.50 troy oz., N.Y. Merc spot Fri.

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