Chicago Board of Trade
Soybean futures declined Wednesday on the Chicago Board of Trade. Grain futures moved mostly lower.
Wheat for December delivery fell 2 cents to $3.00 1/4 a bushel; December corn fell 3/4 cent to $1.99 a bushel; December oats remained unchanged at $1.40 a bushel; January soybeans fell 7 cents to $5.18 1/2 a bushel.
Pork futures increased while beef futures finished mixed on the Chicago Mercantile Exchange.
December live cattle rose .37 cent to 84.12 cents a pound; January feeder cattle fell .10 cent to $1.0437 a pound; December lean hogs rose 2 cents to 71.85 cents a pound; February pork bellies rose 1.65 cent to 99.65 cents a pound.
Local markets
As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.20; corn, $1.59; milo, $1.49; soybeans, $4.84. Edgerton Elevator -- Wheat, $3.20; corn, $1.59; milo, $1.49; soybeans, $4.84. Overbrook Elevator -- Wheat, $3.20; corn, $1.59; milo, $1.49; soybeans, $4.84. Midland Elevator -- Wheat, NA; corn, $1.63; milo, NA; soybeans, $4.84. Lawrence North Elevator -- Wheat, NA; corn, $1.59; milo, NA; soybeans, $4.84. Lawrence South Elevator -- Wheat, $3.20; corn, $1.59; milo, $1.49; soybeans, $4.84. Pauline Elevator -- Wheat, NA; corn, $1.67; milo, $1.54; soybeans, $4.84.
St. Joseph livestock
St. Joseph, Mo. (ap) -- Quotations for Wednesday:
Compared to last week, feeder steers and heifers sold 3.00-5.00 lower. Not enough steers over 700 lbs or heifers over 650 lbs to test price trends. Best demand for thin weaned calves and these sold near steady. Most offerings fleshy as pastures still green and growing in November, corn below 1.70 a bushel and many calves still have milk fat. Slaughter market struggling as packers trying to get the wholesale beef trade back in line with kill costs and they are only slaughtering 32 to 36 hours per week. Supply included 57 percent steers and 33 percent heifers. Near 27 percent of the run weighed over 600 lbs.
Nonferrous metals
New York (ap) -- Spot nonferrous metal prices Wednesday:
Aluminum - 83.3 cents per lb., London Metal Exch. Wed.
Copper 134.00 cents per lb., N.Y. Merc spot Wed.
Gold - $424.60 troy oz., NY Merc spot Wed.
Silver - $7.145 troy oz., N.Y. Merc spot Wed.
Platinum - $828.00 troy oz., N.Y. (contract).
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