Commodities
Chicago Board of Trade
Wheat prices slumped heavily Tuesday on the Chicago Board of Trade.
Corn and soybean futures also declined.
Wheat for December delivery fell 11 1/2 cents to $3.88 1/4 a bushel; December corn fell 2 1/2 cents to $2.35 3/4 a bushel; December oats rose 2 3/4 cents to $1.43 1/2 a bushel; January soybeans fell 3 cents to $7.77 a bushel.
Beef futures rose sharply while pork futures finished mixed on the Chicago Mercantile Exchange.
December live cattle rose 1.50 cent to 95.12 cents a pound; January feeder cattle rose 1.50 cent to 96.12 cents a pound; December lean hogs rose .43 cent to 50.70 cents a pound; February pork bellies fell .63 cent to 87.02 cents a pound.
Local markets
As of Tuesday’s close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator — Wheat, $3.63; corn, $2.16; milo, $2.21; soybeans, $7.48. Edgerton Elevator — Wheat, $3.63; corn, $2.16; milo, $2.21; soybeans, $7.48. Overbrook Elevator — Wheat, $3.63; corn, $2.16; milo, $2.21; soybeans, $7.53. Midland Elevator — Wheat, NA; corn, $2.21; milo, NA; soybeans, $7.53. Lawrence North Elevator — Wheat, NA; corn, $2.16; milo, NA; soybeans, $7.48. Lawrence South Elevator — Wheat, $3.63; corn, $2.16; milo, $2.21; soybeans, $7.48. Pauline Elevator — Wheat, NA; corn, $2.21; milo, $2.26; soybeans, $7.53.
St. Joseph livestock
St. Joseph, Mo. (ap) — Quotations for Tuesday:
Estimated Receipts: 200. Compared to Monday, barrows and gilts sold steady; 46-50 percent lean 230-270 lbs 34.00. Sows: Steady; 1-2 300-500 lbs 27.00-27.50; 1-3 500-700 lbs 28.00-31.00. Boars: Steady; 300-700 lbs 8.00.
Nonferrous metals
New York (ap) — Spot nonferrous metal prices Tuesday:
Aluminum – 68.3 cents per lb., London Metal Exch. Tue.
Lead – $610.00 per metric ton, London Metal Exch.
Zinc – 44.45-44.95 cents lb., delivered.
Gold – $397.60 troy oz., NY Merc spot Tue.
Silver – $5.363 troy oz., N.Y. Merc spot Tue.
Mercury – $200.00 per 76 lb flask, N.Y.
Platinum – $763.00 troy oz., N.Y. (contract).
Platinum $773.50 troy oz., N.Y. Merc spot Tue.