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Archive for Wednesday, December 29, 1999

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December 29, 1999

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Local markets

As of Tuesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.18; soybeans, $4.24; milo, $1.47; corn, $1.71. Midland Elevator -- Wheat, NA; soybeans, $4.27; milo, NA; corn, $1.71. North Elevator -- Wheat, $2.18; soybeans, $4.29; milo, $1.47; corn, $1.76.

USDA Loan Deficiency Payments -- Wheat: 50 cents. Corn: 15 cents. Oats: 13 cents. Soybeans: $1.01. Milo: 45 cents.

Dodge City livestock

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

Confirmed: 100. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry and demand light. Sales confirmed on 100 Holsteins steers early Tuesday. For the week to date on 33,700 head mostly previously contracted of formulated cattle. The last established market last Wednesday at 68.00. Tuesday bids 66.00 to mostly 67.00, asking prices 69.00-71.00. Sales FOB feedlot net weights after 4 percent shrink.

Slaughter Steers: pen select and choice 2-3 1350 lb Holsteins 60.00.

St. Joseph livestock

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

Estimated Slaughter Hog Receipts: 300. Compared to Monday barrows and gilts 1.00 lower; 46-50 percent lean 230-270 lb 34.00-34.50; 44-48 percent lean 270-290 lb 33.00-34.00. Sows: under 500 lb steady, over 500 lb 2.00-3.00 higher. A 13.00 price spread between heavy and light sows. 1-2 300-500 lb 23.00; 1-3 500-550 lb 32.00; 550-700 lb 35.00-36.00. Boars: all weights 10.00.

Nonferrous metals

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

Aluminum - n.a. cents per lb., London Metal Exch. Tue.

Copper - $88.0 Cathode full plate, U.S. destinations.

Copper - 83.70 cents per lb., N.Y. Merc spot Tue.

Lead - 29-31 cents per lb.

Zinc - 60.48-60.98 cents lb., delivered.

Gold - $290.70 troy oz., Handy & Harman (only daily quote).

Gold - $290.00 troy oz., NY Merc spot Tue.

Silver - $5.240 Handy & Harman (only daily quote).

Silver - $5.182 troy oz., N.Y. Merc spot Tue.

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

Platinum - $438.00-$446.00 troy oz., N.Y. (contract).

Platinum - $428.20 troy oz., N.Y. Merc spot Tue.

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