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Archive for Wednesday, May 11, 2005

Commodities

May 11, 2005

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Chicago Board of Trade

Soybean futures fell Tuesday on the Chicago Board of Trade. Grains were mixed.

Wheat for July delivery rose 8 cents to $3.21 1/2 a bushel; July corn rose 1/2 cent to $2.08 1/4 a bushel; July oats fell 5 cents to $1.33 1/4 a bushel; July soybeans fell 3 3/4 cents to $6.34 a bushel.

Beef and pork futures increased on the Chicago Mercantile Exchange.

June live cattle rose .70 cent to 86.10 cents a pound; August feeder cattle rose .77 cent to $1.1082 a pound; June lean hogs rose .18 cent to 75.30 cents a pound; July pork bellies rose .50 cent to 82.15 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator -- Wheat, $3.08; corn, $1.70; milo, $1.55; soybeans, $6.04. Edgerton Elevator -- Wheat, $3.08; corn, $1.70; milo, $1.55; soybeans, $6.04. Overbrook Elevator -- Wheat, $3.08; corn, $1.70; milo, $1.55; soybeans, $6.07. Midland Elevator -- Wheat, NA; corn, $1.74; milo, NA; soybeans, $6.04. Lawrence North Elevator -- Wheat, NA; corn, $1.74; milo, NA; soybeans, $6.04. Lawrence South Elevator -- Wheat, $3.08; corn, $1.70; milo, $1.55; soybeans, $6.04. Pauline Elevator -- Wheat, NA; corn, $1.78; milo, $1.60; soybeans, $6.07.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Gold - $427.20 troy oz., NY Merc spot Tue.

Silver - $7.100 troy oz., N.Y. Merc spot Tue.

Platinum $879.65 troy oz., N.Y. Merc spot Tue.

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