Chicago Board of Trade

Soybean futures decreased while grain futures finished mixed Wednesday on the Chicago Board of Trade.

Wheat for March delivery fell 3 3/4 cents to $2.97 1/2 a bushel; March corn fell 1/2 cent to $2.03 1/4 a bushel; March oats rose 3 cents to $1.57 1/4 a bushel; January soybeans fell 6 3/4 cents to $5.28 a bushel.

Beef and pork futures declined on the Chicago Mercantile Exchange.

February live cattle fell .68 cent to 88.87 cents a pound; January feeder cattle fell .68 cent to $1.0327 a pound; February lean hogs fell 1.25 cent to 75.90 cents a pound; February pork bellies fell 1.75 cent to $1.001 a pound.

Local markets

As of Wednesday’s close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator — Wheat, $3.23; corn, $1.63; milo, $1.53; soybeans, $5.03. Edgerton Elevator — Wheat, $3.23; corn, $1.63; milo, $1.53; soybeans, $5.03. Overbrook Elevator — Wheat, $3.23; corn, $1.63; milo, $1.53; soybeans, $5.03. Midland Elevator — Wheat, NA; corn, $1.67; milo, NA; soybeans, $5.03. Lawrence North Elevator — Wheat, NA; corn, $1.63; milo, NA; soybeans, $5.03. Lawrence South Elevator — Wheat, $3.23; corn, $1.63; milo, $1.53; soybeans, $5.03. Pauline Elevator — Wheat, NA; corn, $1.71; milo, $1.58; soybeans, $5.03.

St. Joseph livestock

Quotations for Wednesday:

Estimated Receipts: 3500 Last Week: None Year Ago: 3762

Compared to two week’s ago, feeder steers and heifers mostly steady with some firmness in the 6 weight heifers on the open. Offerings so far mostly weighing 500-700 lbs. Good buyer attendance and ample supply here today on this bright and sunny day in northwest Missouri. The prices in the ring making some forget momentarily about the white precip on the ground outside at the start of the day.

Feeder Steers: Medium and Large 1 400-500 lbs 127.00-135.00; 500-600 lbs 113.00-120.00; 600-700 lbs 108.75-115.00. Medium and Large 1-2 400-500 lbs 121.00-129.00; 500-600 lbs 111.00-120.00; 600-700 lbs 105.00-111.85; 700-750 lbs 108.00-109.00.

Feeder Heifers: Medium and Large 1 400-500 lbs 114.00-117.50; 500-600 lbs 107.00-113.75; 600-700 lbs 104.75-108.50. Medium and Large 1-2 400-500 lbs 105.00-111.75; 500-600 lbs 102.00-107.25; 600-625 lbs 99.75-105.25.

Feeder Bulls: Medium and Large 1-2 500-600 lbs 110.00-114.00.

Estimated Hog Receipts: 200. Compared to Tuesday, barrows and gilts sold 2.00 higher; 46-50 percent lean 230-280 lbs 59.00-59.50. Sows: 2.00 lower; 1-2 300-500 lbs 46.00-47.00; 1-3 500-700 lbs 51.00-53.00. Boars: Steady; 300-700 lbs 12.00.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Aluminum – 83.5 cents per lb., London Metal Exch. Wed.

Copper – 150.00 cents Cathode full plate, U.S. destinations.

Lead – $993.50 per metric ton, London Metal Exch.

Zinc – 57.52-58.02 cents lb., delivered.

Gold – $452.85 Handy & Harman (only daily quote).

Gold – $454.00 troy oz., NY Merc spot Wed.

Silver – $7.960 Handy & Harman (only daily quote).

Silver – $8.026 troy oz., N.Y. Merc spot Wed.

Mercury – $500.00 per 76 lb flask, N.Y.

Platinum – $870.00 troy oz., N.Y. (contract).