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Archive for Wednesday, March 2, 2005

Commodities

March 2, 2005

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Chicago Board of Trade

Soybeans retreated Tuesday on the Chicago Board of Trade. Grains finished mixed. Wheat for May delivery fell 7 cents to $3.38 1/4 a bushel; May corn fell 3 1/2 cents to $2.19 1/4 a bushel; May oats rose 3 3/4 cents to $1.56 1/2 a bushel; May soybeans fell 8 3/4 cents to $6.13 1/4 a bushel.

Beef and pork futures increased on the Chicago Mercantile Exchange.

April live cattle rose .45 cent to 86.50 cents a pound; April feeder cattle rose .95 cent to 98.87 cents a pound; April lean hogs rose 1.03 cent to 75.25 cents a pound; May pork bellies rose 1.53 cent to 90.90 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.36; corn, $1.81; milo, $1.66; soybeans, $5.61. Edgerton Elevator -- Wheat, $3.36; corn, $1.81; milo, $1.66; soybeans, $5.61. Overbrook Elevator -- Wheat, $3.36; corn, $1.81; milo, $1.66; soybeans, $5.61. Midland Elevator -- Wheat, NA; corn, $1.85; milo, NA; soybeans, $5.61. Lawrence North Elevator -- Wheat, NA; corn, $1.81; milo, NA; soybeans, $5.61. Lawrence South Elevator -- Wheat, $3.36; corn, $1.81; milo, $1.66; soybeans, $5.61. Pauline Elevator -- Wheat, NA; corn, $1.89; milo, $1.71; soybeans, $5.61.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Gold - $432.90 troy oz., NY Merc spot Tue.

Silver - $7.229 troy oz., N.Y. Merc spot Tue.

Platinum - $868.00 troy oz., N.Y. (contract).

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