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Archive for Thursday, September 29, 2005

Commodities

September 29, 2005

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Chicago Board of Trade

Soybean futures increased Wednesday on the Chicago Board of Trade, while grain futures finished mostly higher. Wheat for December delivery rose 1 3/4 cent to $3.28 3/4 a bushel; December corn remained unchanged at $2.03 1/4 a bushel; December oats fell 1/2 cent to $1.54 3/4 a bushel; November soybeans rose 5 1/4 cents to $5.62 3/4 a bushel.

Pork futures advanced on the Chicago Mercantile Exchange, while beef futures declined. October live cattle fell .30 cent to 87.12 cents a pound; October feeder cattle fell .10 cent to $1.1445 a pound; October lean hogs rose .62 cent to 65.95 cents a pound; February pork bellies rose .55 cent to 89.85 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $3.48; corn, $1.58; milo, $1.48; soybeans, $5.13. Edgerton Elevator - Wheat, $3.48; corn, $1.58; milo, $1.48; soybeans, $5.13. Overbrook Elevator - Wheat, $3.48; corn, $1.58; milo, $1.48; soybeans, $5.13. Midland Elevator - Wheat, NA; corn, $1.58; milo, NA; soybeans, $5.13. Lawrence North Elevator - Wheat, NA; corn, $1.58; milo, NA; soybeans, $5.13. Lawrence South Elevator - Wheat, $3.48; corn, $1.58; milo, $1.48; soybeans, $5.13. Pauline Elevator - Wheat, NA; corn, $1.58; milo, $1.48; soybeans, $5.13.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Aluminum - 83.6 cents per lb., London Metal Exch. Wed.

Zinc - 68.94-69.44 cents lb., delivered.

Gold - $469.70 troy oz., NY Merc spot Wed.

Silver - $7.347 troy oz., N.Y. Merc spot Wed.

Platinum $921.50 troy oz., N.Y. Merc spot Wed.

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