Chicago Board of Trade

Soybean futures jumped higher Wednesday on the Chicago Board of Trade. Grain futures finished mixed.

Wheat for May delivery fell 1 cent to $3.33 1/2 a bushel; May corn fell 1/2 cent to $2.12 1/2 a bushel; May oats rose 17 3/4 cents to $1.77 3/4 a bushel; May soybeans rose 17 cents to $6.41 a bushel.

Beef and pork futures declined on the Chicago Mercantile Exchange.

April live cattle fell .35 cent to 89.75 cents a pound; April feeder cattle fell .50 cent to $1.064 a pound; April lean hogs fell .57 cent to 68.70 cents a pound; May pork bellies fell 1.45 cent to 96.20 cents a pound.

Local markets

As of Wednesday’s close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator — Wheat, $3.19; corn, $1.78; milo, $1.63; soybeans, $6.06. Edgerton Elevator — Wheat, $3.19; corn, $1.78; milo, $1.63; soybeans, $6.06. Overbrook Elevator — Wheat, $3.19; corn, $1.78; milo, $1.63; soybeans, $6.06. Midland Elevator — Wheat, NA; corn, $1.82; milo, NA; soybeans, $6.06. Lawrence North Elevator — Wheat, NA; corn, $1.82; milo, NA; soybeans, $6.06. Lawrence South Elevator — Wheat, $3.19; corn, $1.78; milo, $1.63; soybeans, $6.06. Pauline Elevator — Wheat, NA; corn, $1.86; milo, $1.68; soybeans, $6.06.

St. Joseph livestock

Quotations for Wednesday:

Receipts: 2200 Last week: 1683 Year Ago: 1547

Compared to last week, early sales of steers and heifers sold 2.00-4.00 higher. Good demand for all weights. The grass is turning green and grazers are anxious to get cattle to turn out. Boxed beef cut outs turned back higher this week and slaughter cattle feedlot operators are expecting more money. The futures have been working higher.

Feeder Steers: Medium and Large 1 350-400 lbs 150.00-154.00; pkg 430 lbs 155.00; 450-500 lbs 142.00-148.00; pkg 515 lbs 146.00; 600-650 lbs 136.50-138.50; thin 715 lbs 123.25; 700-775 lbs 114.00-114.50; pkg 890 lbs 102.60.

Feeder Heifers: Medium and Large 1 pkg 395 lbs 137.00; 450-500 lbs 130.00-135.00; 500-550 lbs 128.00-129.00; 600-650 lbs 116.00-125.50; pkg 710 lbs 101.25.

Estimated Hog Receipts: 200 Compared to Tuesday, barrows and gilts sold 1.00 higher; 46-50 percent lean 230-280 lbs 46.50-47.00. Sows: Steady; 1-2 300-500 lbs 43.00; 1-3 500-700 lbs 45.00-47.00. Boars: Steady; 300-700 lbs 12.00.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Aluminum – 88.9 cents per lb., London Metal Exch. Wed.

Copper – 153.00 cents Cathode full plate, U.S. destinations.

Copper 147.65 cents per lb., N.Y. Merc spot Tue.

Lead – $999.5 per metric ton, London Metal Exch.

Zinc – 63.77-64.02 cents lb., delivered.

Gold – $426.45 Handy & Harman (only daily quote).

Gold – $426.00 troy oz., NY Merc spot Tue.

Silver – $7.140 Handy & Harman (only daily quote).

Silver – $7.012 troy oz., N.Y. Merc spot Tue.

Mercury – $650.00 per 76 lb flask, N.Y.

Platinum -$863.00. troy oz., N.Y. (contract).

Platinum $862.20 troy oz., N.Y. Merc spot Tue.