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Archive for Thursday, September 23, 1999

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September 23, 1999

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Local markets

USDA Loan Deficiency Payments -- Wheat: 39 cents. Corn: 26 cents. Oats: 24 cents. Soybeans: 85 cents. Milo: 60 cents.

Dodge City livestock

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

Confirmed: 50. Trade quiet. No sales of slaughter steers or heifers confirmed except one load Holstein steers. Inquiry and demand light. Sales confirmed for the week to date on 76,200 head including 28,100 head or about 37 percent of previously contracted or formulated cattle. Asking prices mostly 67.00, bids mostly 64.00, last sales last Friday at 66.00-66.75, mostly 66.00. Sales FOB feedlot net weights after 4 percent shrink.

Slaughter steers: load select and choice 2-3 1275 lb Holsteins 58.00.

St. Joseph livestock

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

Estimated Feeder Cattle Receipts: 2,000. Compared to Wednesday of last week feeder steers and heifers steady. Steers: medium and large 1, 371 lb 105.50; 451-490 lb 92.00-97.50; 539-597 lb 86.25-91.50; 616-667 lb 82.75-88.75; 703-783 lb 80.50-82.10; pot load fancy 885 lb 78.25; 919 lb 74.10. Heifers: medium and large 1, 409 lb 91.75; 475-483 lb 80.00-86.75; 538-571 lb 80.00-83.75; thin 645 lb 84.00; 662 lb 79.85; 717-761 lb 77.10-77.50.

Estimated Slaughter Hog Receipts: 300. Compared to Tuesday, barrows and gilts steady; 46-50 percent lean 230-270 lb 32.50-33.00; 44-48 package 283 lb 31.50. Sows: steady to .50 higher; 1-2 300-500 lb 22.00; 1-3 500-550 lb 25.00; 550-700 lb 28.00-29.00. Boars: all weights 10.00.

Nonferrous metals

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

Aluminum - 68.9 cents per lb., London Metal Exch. Wed.

Copper - $87.0 Cathode full plate, U.S. destinations.

Copper - 81.25 cents per lb., N.Y. Merc spot Wed.

Lead - 45 cents per lb.

Zinc - 59.55-60.05 cents lb., delivered.

Gold - $263.40 troy oz., Handy & Harman (only daily quote).

Gold - $264.10 troy oz., NY Merc spot Wed.

Silver -$5.315 Handy & Harman (only daily quote).

Silver - $5.263 troy oz., N.Y. Merc spot Wed.

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

Platinum - $374.00-$377.00 troy oz., N.Y. (contract).

Platinum - $375.80 troy oz., N.Y. Merc spot Wed.

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