Archive for Wednesday, August 24, 2005

Commodities

August 24, 2005

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Chicago Board of Trade

Soybean futures advanced Tuesday on the Chicago Board of Trade, while grain futures finished mostly lower. Wheat for September delivery fell 5 3/4 cents to $3.17 1/4 a bushel; September corn fell 2 cents to $2.10 1/2 a bushel; September oats rose 1 cent to $1.50 a bushel; September soybeans rose 3 1/2 cents to $6.10 3/4 a bushel. Beef and pork futures retreated on the Chicago Mercantile Exchange. October live cattle fell .18 cent to 81.62 cents a pound; September feeder cattle fell .02 cent to $1.0915 a pound; October lean hogs fell .75 cent to 61.67 cents a pound; February pork bellies fell 2 cents to 81.45 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $3.35; corn, $1.84; milo, $1.69; soybeans, $5.81. Edgerton Elevator - Wheat, $3.35; corn, $1.84; milo, $1.69; soybeans, $5.81. Overbrook Elevator - Wheat, $3.35; corn, $1.84; milo, $1.69; soybeans, $5.81. Midland Elevator - Wheat, NA; corn, $1.84; milo, NA; soybeans, $5.81. Lawrence North Elevator - Wheat, NA; corn, $1.84; milo, NA; soybeans, $5.81. Lawrence South Elevator - Wheat, $3.35; corn, $1.84; milo, $1.69; soybeans, $5.81. Pauline Elevator - Wheat, NA; corn, $1.84; milo, $1.69; soybeans, $5.81.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Gold - $439.40 troy oz., NY Merc spot Tue.

Silver - $6.962 troy oz., N.Y. Merc spot Tue.

Platinum $898.10 troy oz., N.Y. Merc spot Tue.

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