Archive for Friday, December 3, 2004

Commodities

December 3, 2004

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Chicago Board of Trade

Soybean futures retreated while grain futures finished mixed Thursday on the Chicago Board of Trade.

Wheat for March delivery fell 1 1/4 cent to $2.96 1/4 a bushel; March corn rose 3/4 cent to $2.04 a bushel; March oats rose 2 1/2 cents to $1.59 3/4 a bushel; January soybeans fell 7 1/4 cents to $5.20 3/4 a bushel.

Pork futures increased while beef futures declined on the Chicago Mercantile Exchange.

February live cattle fell .87 cent to 88 cents a pound; January feeder cattle fell 1.17 cent to $1.021 a pound; February lean hogs rose .02 cent to 75.92 cents a pound; February pork bellies rose .67 cent to $1.0077 a pound.

Local markets

As of Thursday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.20; corn, $1.64; milo, $1.54; soybeans, $4.96. Edgerton Elevator -- Wheat, $3.20; corn, $1.64; milo, $1.54; soybeans, $4.96. Overbrook Elevator -- Wheat, $3.20; corn, $1.64; milo, $1.54; soybeans, $4.96. Midland Elevator -- Wheat, NA; corn, $1.68; milo, NA; soybeans, $4.96. Lawrence North Elevator -- Wheat, NA; corn, $1.64; milo, NA; soybeans, $4.96. Lawrence South Elevator -- Wheat, $3.20; corn, $1.64; milo, $1.54; soybeans, $4.96. Pauline Elevator -- Wheat, NA; corn, $1.72; milo, $1.59; soybeans, $4.96.

Nonferrous metals

Spot nonferrous metal prices Thursday:

Aluminum - 81.9 cents per lb., London Metal Exch. Thu.

Copper 143.70 cents per lb., N.Y. Merc spot Thu.

Lead - $980.00 per metric ton, London Metal Exch.

Zinc - 57.36-57.86 cents lb., delivered.

Gold - $454.20 Handy & Harman (only daily quote).

Silver - $7.920 Handy & Harman (only daily quote).

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

Platinum $884.20 troy oz., N.Y. Merc spot Thu.

St. Joseph livestock

Quotations for Thursday:

Estimated Hog Receipts: 200. Compared to Wednesday, barrows and gilts sold 2.00 higher; 46-50 percent lean 230-280 lbs 61.00-61.50. Sows: Under 500 lbs sold steady; over 500 lbs traded 1.00 lower; 1-2 300-500 lbs 46.00-47.00; 1-3 500-700 lbs 50.00-52.00. Boars: Steady; 300-700 lbs 12.00.

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