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Archive for Wednesday, September 22, 1999

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September 22, 1999

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Local markets

As of Tuesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.29; soybeans, $4.39; milo, $1.41; corn, $1.66. Midland Elevator -- Wheat, NA; soybeans, $4.39; milo, NA; corn, $1.66. North Elevator -- Wheat, $2.29; soybeans, $4.39; milo, $1.41; corn, $1.71.

USDA Loan Deficiency Payments -- Wheat: 31 cents. Corn: 27 cents. Oats: 20 cents. Soybeans: 82 cents. Milo: 61 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales of slaughter steers or heifers confirmed. Inquiry and demand very light. For the week to date 65,900 head Confirmed including 20,900 head or about 32 percent of previously contracted or formulated cattle. The last established market Friday 66.00-66.75, mostly 66.00. Early Tuesday, few bids 63.00 to mostly 64.00. Asking prices mostly 67.00. Sales FOB feedlot net weights after 4 percent shrink.

St. Joseph livestock

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

Estimated Slaughter Hog Receipts: 400. Compared to Monday, barrows and gilts 1.00 higher; 46-50 percent lean 230-270 lb 32.50-33.00; 42-46 percent lean 270-290 lb 31.50-32.50. Sows: under 500 lb 1.00 higher, over 500 lb steady; 1-2 300-500 lb 22.00; 1-3 500-550 lb 25.00; 550-700 lb 27.50-28.50. Boars: all weights 10.00.

Nonferrous metals

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

Aluminum - 68.6 cents per lb., London Metal Exch. Mon.

Copper - $85.0 Cathode full plate, U.S. destinations.

Copper - 81.95 cents per lb., N.Y. Merc spot Mon.

Lead - 45 cents per lb.

Zinc - 60.34-60.84 cents lb., delivered.

Gold - $258.85 troy oz., Handy & Harman (only daily quote).

Gold - $254.40 troy oz., NY Merc spot Mon.

Silver -$5.230 Handy & Harman (only daily quote).

Silver - $5.085 troy oz., N.Y. Merc spot Mon.

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

Platinum - $365.00-$370.00 troy oz., N.Y. (contract).

Platinum - $373.40 troy oz., N.Y. Merc spot Mon.

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