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Archive for Thursday, May 5, 2005

Commodities

May 5, 2005

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Chicago Board of Trade

Soybean futures retreated while grain futures finished mixed Wednesday on the Chicago Board of Trade. Wheat for July delivery fell 1/2 cent to $3.17 1/4 a bushel; July corn rose 1 cent to $2.06 a bushel; July oats remained unchanged at $1.38 1/4 a bushel; July soybeans fell 1 cent to $6.24 1/2 a bushel. Beef futures declined on the Chicago Mercantile Exchange. Pork futures finished mixed. June live cattle fell .48 cent to 84.92 cents a pound; August feeder cattle fell .52 cent to $1.0905 a pound; June lean hogs rose .25 cent to 76.82 cents a pound; July pork bellies fell .57 cent to 83.55 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.04; corn, $1.68; milo, $1.53; soybeans, $5.95. Edgerton Elevator -- Wheat, $3.04; corn, $1.68; milo, $1.53; soybeans, $5.95. Overbrook Elevator -- Wheat, $3.04; corn, $1.68; milo, $1.53; soybeans, $5.98. Midland Elevator -- Wheat, NA; corn, $1.72; milo, NA; soybeans, $5.95. Lawrence North Elevator -- Wheat, NA; corn, $1.72; milo, NA; soybeans, $5.95. Lawrence South Elevator -- Wheat, $3.04; corn, $1.68; milo, $1.53; soybeans, $5.95. Pauline Elevator -- Wheat, NA; corn, $1.76; milo, $1.58; soybeans, $5.98.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Gold - $429.00 troy oz., NY Merc spot Wed.

Silver - $6.981 troy oz., N.Y. Merc spot Wed.

Platinum $875.50 troy oz., N.Y. Merc spot Wed.

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