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October 8, 1999

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Local markets

As of Thursday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.16; soybeans, $4.42; milo, $1.33; corn, $1.58. Midland Elevator -- Wheat, NA; soybeans, $4.42; milo, NA; corn, $1.58. North Elevator -- Wheat, $2.16; soybeans, $4.47; milo, $1.33; corn, $1.63.

USDA Loan Deficiency Payments -- Wheat: 40 cents. Corn: 32 cents. Oats: 18 cents. Soybeans: 87 cents. Milo: 63 cents.

Dodge City livestock

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

Confirmed: 14,500. Trade moderate. Slaughter steers and heifers firm to 1.50 higher, mostly 1.00-1.50 up, dressed basis mostly 2.00 higher. Inquiry and demand good. Sales confirmed on 6,400 slaughter steers and 8,100 slaughter heifers Thursday. For the week to date 70,400 head confirmed including 26,000 head or about 37 percent previously contracted or formulated cattle. Sales FOB feedlot net weights after 4 percent shrink.

Slaughter steers: select and choice 2-3 1100-1300 lb 68.50-69.50, mostly 69.00-69.50; few select and choice 1325-1400 lb Holsteins 60.00. Dressed Basis: select and choice 2-3 1275 lb 109.75, pen select with end choice 1100 lb 107.50.

Slaughter heifers: select and choice 2-3 1050-1150 lb 68.50-69.50, mostly 69.00-69.50; pen select with end choice 1025 lb Brahma cross 67.00; pen mixed Commercial to choice 1200 lb heifers and heiferettes 64.00. Dressed Basis: select and choice 2-3 1100 lb 109.00.

St. Joseph livestock

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

Estimated Slaughter Hog Receipts: 150. Compared to Wednesday, not enough on offer for a market test. Sows: scarce.

Nonferrous metals

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

Aluminum - 67.1 cents per lb., London Metal Exch. Thu.

Copper - $84.0 Cathode full plate, U.S. destinations.

Copper - 79.75 cents per lb., N.Y. Merc spot Thu.

Lead - 29-31 cents per lb.

Zinc - 59.00-59.50 cents lb., delivered.

Gold - $323.50 troy oz., Handy & Harman (only daily quote).

Gold - $322.80 troy oz., NY Merc spot Thu.

Silver -$5.620 Handy & Harman (only daily quote).

Silver - $5.553 troy oz., N.Y. Merc spot Thu.

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

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

Platinum - $411.60 troy oz., N.Y. Merc spot Thu.

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