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Archive for Wednesday, September 8, 1999

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September 8, 1999

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Local markets

As of Wednesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.43; soybeans, $4.76; milo, $1.50; corn, $1.78. Midland Elevator -- Wheat, NA; soybeans, $4.76; milo, NA; corn, $1.78. North Elevator -- Wheat, $2.43; soybeans, $4.76; milo, $1.50; corn, $1.78.

USDA Loan Deficiency Payments -- Wheat: 18 cents. Corn: 17 cents. Oats: 16 cents. Soybeans: 70 cents. Milo: 39 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry and demand rather light. Sales confirmed for the week to date on 15,600 head, mostly previously contracted or formulated cattle. Asking prices 67.00-68.00, bids 63.00-64.50, last sales of significant volume last Thursday at 65.50-66.50, bulk 66.00. Sales FOB feedlot net weights after 4 percent shrink.

St. Joseph livestock

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

Estimated Slaughter Hog Receipts: 400. Compared to Thursday of last week, barrows and gilts .50 lower; 46-50 percent lean 230-270 lb 32.00-32.50; 44-48 percent lean 270-290 lb 31.00-32.00. Sows: under 500 lb scarce late last week, 500-550 lb steady, over 550 lb 1.00 higher; 1-2 300-500 lb 21.00; 1-3 500-550 lb 23.00; 550-700 lb 25.00-26.00. Boars: all weights 10.00.

Nonferrous metals

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

Aluminum - 67.9 cents per lb., London Metal Exch. Tue.

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

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

Lead - 41 cents per lb.

Zinc - 59.57-60.07 cents lb., delivered.

Gold - $255.60 troy oz., Handy & Harman (only daily quote).

Gold - $255.60 troy oz., NY Merc spot Tue.

Silver -$5.215 Handy & Harman (only daily quote).

Silver - $5.174 troy oz., N.Y. Merc spot Tue.

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

Platinum - $350.00-$352.50 troy oz., N.Y. (contract).

Platinum - $355.50 troy oz., N.Y. Merc spot Tue.

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