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Archive for Wednesday, November 3, 2004

Commodities

November 3, 2004

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Chicago Board of Trade

Soybean futures moved higher Tuesday on the Chicago Board of Trade, while grains finished mixed.

Wheat for December delivery fell 4 cents to $3.02 1/4 a bushel; December corn fell 1/4 cent to $1.99 3/4 a bushel; December oats rose 1/2 cent to $1.40 a bushel; November soybeans rose 10 cents to $5.28 a bushel.

Beef futures decreased while pork futures advanced on the Chicago Mercantile Exchange. December live cattle fell .20 cent to 83.75 cents a pound; January feeder cattle fell .20 cent to $1.0447 a pound; December lean hogs rose .68 cent to 69.85 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.21; corn, $1.60; milo, $1.50; soybeans, $4.91. Edgerton Elevator -- Wheat, $3.21; corn, $1.60; milo, $1.50; soybeans, $4.91. Overbrook Elevator -- Wheat, $3.21; corn, $1.60; milo, $1.50; soybeans, $4.91. Midland Elevator -- Wheat, NA; corn, $1.64; milo, NA; soybeans, $4.91. Lawrence North Elevator -- Wheat, NA; corn, $1.60; milo, NA; soybeans, $4.91. Lawrence South Elevator -- Wheat, $3.21; corn, $1.60; milo, $1.50; soybeans, $4.91. Pauline Elevator -- Wheat, NA; corn, $1.68; milo, $1.55; soybeans, $4.91.

Nonferrous metals

New York (ap) -- Spot nonferrous metal prices Tuesday:

Gold - $420.00 troy oz., N.Y. Merc spot Tue.

Silver - $7.007 troy oz., N.Y. Merc spot Tue.

Platinum - $837.00 troy oz., N.Y. (contract).

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