Archive for Thursday, February 18, 1999

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February 18, 1999

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Local markets

As of Friday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.32; soybeans, $4.60; milo, $1.58; corn, $1.79. Midland Elevator -- Wheat, NA; soybeans, $4.63; milo, NA; corn, $1.79. North Elevator -- Wheat, $2.32; soybeans, $4.65; milo, $1.58; corn, $1.84.

USDA Loan Deficiency Payments -- Wheat: 31 cents. Corn: 3 cents. Oats: 12 cents. Soybeans: 54 cents. Milo: 12 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry and demand moderate. This week's confirmed sales 118,000 head including 40,700 head or about 35 percent previously contracted or formulated cattle. Asking prices 69.00-70.00, bids 68.00-68.50, last sales Thursday at 68.00-68.50 with 5000 head at 68.75. Sales FOB feedlot net weights after 4 percent shrink.

Nonferrous metals

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

Aluminum - 74.6 cents per lb., London Metal Exch. Fri.

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

Copper - 81.40 cents per lb., N.Y. Merc spot Fri.

Lead - 29-31 cents per lb.

Zinc - 55.53-56.03 cents lb., delivered.

Gold - $294.00 troy oz., Handy & Harman (only daily quote).

Gold - $293.00 troy oz., NY Merc spot Fri.

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

Silver - $5.036 troy oz., N.Y. Merc spot Fri.

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

Platinum - $460.00-$480.00 troy oz., N.Y. (contract).

Platinum - $452.10 troy oz., N.Y. Merc spot Fri.

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