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Archive for Tuesday, September 28, 1999

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September 28, 1999

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Local markets

As of Monday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.38; soybeans, $4.40; milo, $1.42; corn, $1.67. Midland Elevator -- Wheat, NA; soybeans, $4.40; milo, NA; corn, $1.67. North Elevator -- Wheat, $2.38; soybeans, $4.45; milo, $1.42; corn, $1.72.

USDA Loan Deficiency Payments -- Wheat: 30 cents. Corn: 26 cents. Oats: 23 cents. Soybeans: 93 cents. Milo: 63 cents.

Dodge City livestock

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

Confirmed: none. Trade quiet. No sales slaughter steers or heifers confirmed. Inquiry and demand light. Sales confirmed for the week to date 15,000 head mostly previously contracted or formulated cattle. Bids and asking prices not established early Monday, last sales last Thursday at 65.00-65.50, mostly 65.00. Sales FOB feedlot net weights after 4 percent shrink.

St. Joseph livestock

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

Estimated Slaughter Cattle Receipts: 400. Compared to Monday of last week not enough slaughter steers or heifers on offer to test price trends. Slaughter cows 2.00-3.00 lower. Slaughter bulls 1.00 lower. Slaughter cows: high cutter, utility and commercial 1-3 breaking 31.00-36.25, high dressing 36.75-39.00; boning 31.00-37.00, high dressing 37.00-39.00, low dressing 30.75; other cutters 28.00-32.00, high dressing 31.00-36.50, low dressing 22.50-27.50. Slaughter bulls: yield grade 1 1400-2000 lb 37.50-45.00, high dressing 46.00-46.25.

Estimated Slaughter Hog Receipts: 600. Compared to Thursday, barrows and gilts 2.00 higher; 46-50 percent lean 230-270 lb 34.50-35.00; 42-46 percent lean 270-290 lb 33.00-34.50; 38-42 percent lean package 320 lb 29.00. Sows: under 500 lb 1.00 higher; over 500 lbs steady; 1-2 300-500 lb 23.00; 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 Monday:

Aluminum - 67.0 cents per lb., London Metal Exch. Mon.

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

Copper - 78.85 cents per lb., N.Y. Merc spot Mon.

Lead - 45 cents per lb.

Zinc - 58.73-59.23 cents lb., delivered.

Gold - $281.10 troy oz., Handy & Harman (only daily quote).

Gold - $281.80 troy oz., NY Merc spot Mon.

Silver -$5.355 Handy & Harman (only daily quote).

Silver - $5.328 troy oz., N.Y. Merc spot Mon.

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

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

Platinum - $380.60 troy oz., N.Y. Merc spot Mon.

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