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Archive for Thursday, September 2, 1999

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September 2, 1999

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Local markets

As of Wednesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.35; soybeans, $4.44; milo, $1.46; corn, $1.74. Midland Elevator -- Wheat, NA; soybeans, $4.44; milo, NA; corn, $1.74. North Elevator -- Wheat, $2.35; soybeans, $4.44; milo, $1.46; corn, $1.74.

USDA Loan Deficiency Payments -- Wheat: 30 cents. Corn: 28 cents. Oats: 16 cents. Soybeans: 81 cents. Milo: 44 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry fair, demand light. Sales confirmed for the week to date on 28,600 head, mostly previously contracted or formulated cattle. Asking prices 67.00-68.00, bids 63.00 to mostly 64.00, last sales last Thursday at 65.50-66.00. Sales FOB feedlot net weights after 4 percent shrink.

St. Joseph livestock

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

Estimated Feeder Cattle Receipts: 1,500. Compared to Wednesday of last week feeder steers and heifers steady to 1.00 higher with the most advance on steers. Steers: medium and large 1, 287 lb 119.00; 451 lb 91.00; 537 lb 90.25; 550-600 lb 84.60-86.00; 615-639 lb 84.25-85.75, fancy 601 lb 91.00; 650-700 lb 80.60-85.60; 700-750 lb 80.80-82.00; 750-800 lb 76.35-79.25; 807-824 lb 76.35-78.00; 861-873 lb 76.30-77.00; 915 lb 72.85; 958 lb 72.10. Heifers: medium and large 1, 278 lb 100.00; 383-393 lb 86.50-87.25; 550-600 lb 77.50-83.25; 600-700 lb 75.00-78.35; 766-797 lb 75.10-76.85.

Estimated Slaughter Hog Receipts: 300. Compared to Tuesday, barrows and gilts steady in a limited test; 46-50 percent lean 230-270 lb 32.00-32.50; 42-46 percent lean few 290-300 lb 29.50-30.00. Sows: under 500 lb .50 lower; over 500 lb steady to 2.00 lower; 1-2 300-500 lb 21.00; 1-3 500-550 lb 23.00; 550-700 lb 24.00-25.00. Boars: all weights 10.00.

Nonferrous metals

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

Aluminum - 66.9 cents per lb., London Metal Exch. Wed.

Copper - $82.0 Cathode full plate, U.S. destinations.

Copper - 79.20 cents per lb., N.Y. Merc spot Wed.

Lead - 48 cents per lb.

Zinc - 57.89-58.39 cents lb., delivered.

Gold - $254.70 troy oz., Handy & Harman (only daily quote).

Gold - $253.90 troy oz., NY Merc spot Wed.

Silver -$5.180 Handy & Harman (only daily quote).

Silver - $5.121 troy oz., N.Y. Merc spot Wed.

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

Platinum - $347.00-$355.00 troy oz., N.Y. (contract).

Platinum - $348.00 troy oz., N.Y. Merc spot Wed.

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