Local markets
As of Wednesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.38; soybeans, $4.63; milo, $1.46; corn, $1.74. Midland Elevator -- Wheat, NA; soybeans, $4.63; milo, NA; corn, $1.74. North Elevator -- Wheat, $2.38; soybeans, $4.63; milo, $1.46; corn, $1.74.
USDA Loan Deficiency Payments -- Wheat: 13 cents. Corn: 13 cents. Oats: 15 cents. Soybeans: 47 cents. Milo: 34 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 rather light. Sales confirmed for the week to date on 21,300 head, mostly previously contracted or formulated cattle. Asking prices 67.00-68.00, bids mostly 64.00, few 64.50-65.00, last sales of significant volume last Thursday at 65.50-66.50, mostly 66.00. Sales FOB feedlot net weights after 4 percent shrink.
St. Joseph livestock
St. Joseph, Mo. (ap) -- Quotations for Wednesday:
Estimated Slaughter Cattle Receipts: 100. Due to holiday on Monday all classes of cattle selling today. Not enough slaughter steers or heifers on offer to establish price trends but a firmer undertone prevailing. However, slaughter cows and bulls 3.00-5.00 lower. Slaughter steers: scarce. Slaughter heifers: scarce. Slaughter cows: high cutter, utility and commercial 1-3 breaking 31.00-35.00, low dressing 30.00-31.00; boning 32.00-36.00, high dressing 36.00-36.50, low dressing 28.00-31.00; other cutters 26.50-32.00, high dressing 32.00-33.25. Slaughter bulls: yield grade 1 1400-2200 lb 37.00-43.00, high dressing 44.50-48.00. Feeder cattle sale just now getting underway.
Estimated Slaughter Hog Receipts: 400. Compared to Tuesday, barrows and gilts steady; 46-50 percent lean 230-270 lb 32.00-32.50; 44-48 percent lean package 285 lb 31.00; 42-46 percent lean package 309 lb 29.00. Sows: under 500 lb .50 lower; over 500 lb 2.00 higher; 1-2 300-500 lb 20.50; 1-3 500-550 lb 25.00; 550-700 lb 27.00-28.00. Boars: all weights 10.00.
Nonferrous metals
New York (ap) -- Spot nonferrous metal prices Wednesday:
Aluminum - 67.6 cents per lb., London Metal Exch. Wed.
Copper - $86.0 Cathode full plate, U.S. destinations.
Copper - 81.00 cents per lb., N.Y. Merc spot Wed.
Lead - 41 cents per lb.
Zinc - 61.07-61.57 cents lb., delivered.
Gold - $256.15 troy oz., Handy & Harman (only daily quote).
Gold - $256.00 troy oz., NY Merc spot Wed.
Silver -$5.190 Handy & Harman (only daily quote).
Silver - $5.177 troy oz., N.Y. Merc spot Wed.
Mercury - $150.00 per 76 lb flask, N.Y.
Platinum - $350.00-$352.50 troy oz., N.Y. (contract).
Platinum - $354.50 troy oz., N.Y. Merc spot Wed.
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