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Archive for Thursday, October 7, 1999

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October 7, 1999

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Local markets

As of Wednesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.22; soybeans, $4.42; milo, $1.35; corn, $1.60. Midland Elevator -- Wheat, NA; soybeans, $4.42; milo, NA; corn, $1.60. North Elevator -- Wheat, $2.22; soybeans, $4.47; milo, $1.35; corn, $1.65.

USDA Loan Deficiency Payments -- Wheat: 40 cents. Corn: 31 cents. Oats: 20 cents. Soybeans: 92 cents. Milo: 65 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry moderate, demand light. Sales confirmed for the week to date on 23,700 head including 23,500 head previously contracted or formulated cattle. Asking prices 68.00-70.00, bids 65.00-67.00, last sales last Thursday at 66.50-67.75. Sales FOB feedlot net weights after 4 percent shrink.

St. Joseph livestock

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

Estimated Feeder Cattle Receipts: 2000. Compared to Wednesday of last week feeder steers and heifers over 550 lb 2.00-3.00 higher, under 550 lb not established. Steers: medium and large 1, 567 lb 88.50; 600-700 lb 84.50-92.00; 700-800 lb 79.50-83.00; two part-load string 805 lb 80.25; 871 lb 77.50. Heifers: medium and large 1, part-load 531 lb 88.60; 600-650 lb 79.75-81.60, two part-load string 647 lb at 84.35; 711-788 lb 76.00-79.75; 850 lb 71.60.

Estimated Slaughter Hog Receipts: 200. Compared to Tuesday, not enough Barrows and gilts on offer for a market test. Sows: Not enough on offer for a market test.

Nonferrous metals

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

Aluminum - 67.8 cents per lb., London Metal Exch. Wed.

Copper - $86.0 Cathode full plate, U.S. destinations.

Copper - 79.80 cents per lb., N.Y. Merc spot Wed.

Lead - 45 cents per lb.

Zinc - 58.96-59.48 cents lb., delivered.

Gold - $318.25 troy oz., Handy & Harman (only daily quote).

Gold - $324.50 troy oz., NY Merc spot Wed.

Silver -$5.580 Handy & Harman (only daily quote).

Silver - $5.488 troy oz., N.Y. Merc spot Wed.

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

Platinum - $392.00-$402.00 troy oz., N.Y. (contract).

Platinum - $406.30 troy oz., N.Y. Merc spot Wed.

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