Local markets
As of Wednesday's close, courtesy of Farmers Cooperative Assn. South Elevator -- Wheat, $2.41; soybeans, $4.47; milo, $1.44; corn, $1.69. Midland Elevator -- Wheat, NA; soybeans, $4.47; milo, NA; corn, $1.69. North Elevator -- Wheat, $2.41; soybeans, $4.52; milo, $1.44; corn, $1.74.
USDA Loan Deficiency Payments -- Wheat: 23 cents. Corn: 20 cents. Oats: 17 cents. Soybeans: 83 cents. Milo: 54 cents.
Dodge City livestock
Dodge City (ap) -- Kansas feedlot sales Wednesday:
Confirmed: 16,400. Trade slow early, active later. Slaughter steers and heifers 1.00-2.00 higher, late 2.00 higher. Inquiry and demand fairly good, later good. Sales confirmed on 8,000 slaughter steers and 8,400 slaughter heifers. Sales confirmed for the week to date on 49,000 head including 31,800 head previously contracted or formulated cattle. Sales FOB feedlot net weights after 4 percent shrink.
Slaughter steers: select and choice 2-3 1100-1200 lb 66.00-67.00, few 67.50, late mostly 67.00; pen select with end choice cutting bulls 66.50; pen select and choice Holsteins 1300 lb 59.00. Dressed basis: select and choice 2-3 1100 lb 104.00, hot weights and delivered.
Slaughter heifers: select and choice 2-3 1025-1125 lb 66.00-67.00, several pens 67.50, late mostly 67.00; few mixed commercial to choice 1200-1250 lb heifers and heiferettes 65.00-66.00. Dressed basis: select and choice 2-3 1050 lb 104.00, hot weights and delivered.
St. Joseph livestock
St. Joseph, Mo. (ap) -- Quotations for Wednesday:
Estimated Feeder Cattle Receipts: 1,100. Compared to Wednesday of last week feeder steers and heifers 1.00-3.00 lower with increased supply fleshy cattle and small consignment 3.00-5.00 lower. Steers: medium and large 1, 476-499 lb 87.50-91.00; 584-599 lb 79,60-81,25; 605-624 lb 78.00-86.00; 673-696 lb 78.10-82.10; 718 lb 80.35, fleshy 716-729 lb 75.00-80.00; 778-790 lb 76.00-79.00; 820-850 lb 73.00-77.10, fleshy 880-887 lb 72.85-73.85; 902 lb 74.80. Heifers: medium and large 1, 465-499 lb 76.75-83.50; 527-591 lb 77.35-79.75; 627 lb 80.00; 658-697 lb 74.70-79.85; 723-775 lb 72.75-73.75, fleshy 792 lb 68.00.
Estimated Slaughter Hog Receipts: 400. Compared to Tuesday, barrows and gilts .50 lower; 46-50 percent lean 230-270 lb 34.50-35.00; 44-48 percent lean shipment 282 lb 34.00. Sows: under 500 lb 1.00 lower; over 500 lb 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 Wednesday:
Aluminum - 68.0 cents per lb., London Metal Exch. Wed.
Copper - $85.0 Cathode full plate, U.S. destinations.
Copper - 81.00 cents per lb., N.Y. Merc spot Wed.
Lead - 45 cents per lb.
Zinc - 57.94-58.44 cents lb., delivered.
Gold - $307.00 troy oz., Handy & Harman (only daily quote).
Gold - $300.60 troy oz., NY Merc spot Wed.
Silver -$5.670 Handy & Harman (only daily quote).
Silver - $5.565 troy oz., N.Y. Merc spot Wed.
Mercury - $150.00 per 76 lb flask, N.Y.
Platinum - $374.00-$376.00 troy oz., N.Y. (contract).
Platinum - $407.20 troy oz., N.Y. Merc spot Wed.



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