Chicago Board of Trade

Grain and soybean futures dropped lower Thursday on the Chicago Board of Trade. Wheat for March delivery fell 5 cents to $3.18 3/4 a bushel; March corn fell 2 1/2 cents to $2.04 3/4 a bushel; March oats fell 16 cents to $1.87 1/2 a bushel; January soybeans fell 5 1/4 cents to $5.87 1/4 a bushel. Beef and pork futures finished lower on the Chicago Mercantile Exchange. February live cattle fell .67 cent to 96.20 cents a pound; January feeder cattle fell 1 cent to $1.1382 a pound; February lean hogs fell 1.80 cent to 64.37 cents a pound; February pork bellies fell .62 cent to 82.85 cents a pound.

Local markets

As of Thursday’s close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator – Wheat, $3.52; corn, $1.70; milo, $1.60; soybeans, $5.52. Edgerton Elevator – Wheat, $3.52; corn, $1.70; milo, $1.60; soybeans, $5.52. Overbrook Elevator – Wheat, $3.52; corn, $1.70; milo, $1.60; soybeans, $5.52. Midland Elevator – Wheat, NA; corn, $1.70; milo, NA; soybeans, $5.52. Lawrence North Elevator – Wheat, NA; corn, $1.70; milo, NA; soybeans, $5.52. Lawrence South Elevator – Wheat, $3.52; corn, $1.70; milo, $1.60; soybeans, $5.52. Pauline Elevator – Wheat, NA; corn, $1.70; milo, $1.60; soybeans, $5.52.

Nonferrous metals

Spot nonferrous metal prices Thursday:

Gold – $503.90 troy oz., NY Merc spot Thu.

Silver – $8.549 troy oz., N.Y. Merc spot Thu.

Platinum $962.30 troy oz., N.Y. Merc spot Thu.