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Archive for Saturday, August 6, 2005

Commodities

August 6, 2005

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Chicago Board of Trade

Grain and soybean futures retreated Friday on the Chicago Board of Trade.

Wheat for September delivery fell 5 cents to $3.20 a bushel; September corn fell 4 cents to $2.20 1/2 a bushel; September oats fell 2 cents to $1.55 1/4 a bushel; September soybeans fell 13 3/4 cents to $6.61 3/4 a bushel.

Beef futures increased on the Chicago Mercantile Exchange, while pork futures finished mixed.

October live cattle rose .20 cent to 81.92 cents a pound; September feeder cattle rose .72 cent to $1.0857 a pound; October lean hogs rose .55 cent to 60.77 cents a pound; February pork bellies fell .85 cent to 84.05 cents a pound.

Local markets

As of Friday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $3.18; corn, $1.91; milo, $1.76; soybeans, $6.44. Edgerton Elevator - Wheat, $3.18; corn, $1.91; milo, $1.76; soybeans, $6.44. Overbrook Elevator - Wheat, $3.18; corn, $1.91; milo, $1.76; soybeans, $6.47. Midland Elevator - Wheat, NA; corn, $1.95; milo, NA; soybeans, $6.44. Lawrence North Elevator - Wheat, NA; corn, $1.95; milo, NA; soybeans, $6.44. Lawrence South Elevator - Wheat, $3.18; corn, $1.91; milo, $1.76; soybeans, $6.44. Pauline Elevator - Wheat, NA; corn, $1.99; milo, $1.81; soybeans, $6.47.

Nonferrous metals

Spot nonferrous metal prices Friday:

Aluminum - 84.8 cents per lb., London Metal Exch. Fri.

Copper 168.90 cents per lb., N.Y. Merc spot Fri.

Lead - $878.00 per metric ton, London Metal Exch.

Zinc - 61.19-61.44 cents lb., delivered.

Gold - $438.25 Handy & Harman (only daily quote).

Gold - $437.20 troy oz., NY Merc spot Fri.

Silver - $7.137 troy oz., N.Y. Merc spot Fri.

Mercury - $750.00 per 76 lb flask, N.Y.

Platinum -$908.00. troy oz., N.Y. (contract).

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