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Archive for Wednesday, August 2, 2006

Commodities

August 2, 2006

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Chicago Board of Trade

Soybean futures declined Tuesday on the Chicago Board of Trade, while grain futures finished mixed. Wheat for September delivery fell 5 cents to $3.92 1/2 a bushel; September corn rose 1 1/2 cent to $2.40 1/2 a bushel; September oats fell 1 cent to $1.88 1/2 a bushel; September soybeans fell 6 1/4 cents to $5.79 1/4 a bushel. Pork futures retreated on the Chicago Mercantile Exchange, while beef futures were mixed. October live cattle fell .40 cent to 88.30 cents a pound; September feeder cattle rose .12 cent to $1.149 a pound; October lean hogs fell .47 cent to 61.27 cents a pound; February pork bellies fell 1.02 cent to 91.62 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $4.62; corn, $2.16; milo, $2.06; soybeans, $5.29. Edgerton Elevator - Wheat, $4.62; corn, $2.16; milo, $2.06; soybeans, $5.29. Overbrook Elevator - Wheat, $4.62; corn, $2.16; milo, $2.06; soybeans, $5.29. Midland Elevator - Wheat, NA; corn, $2.16; milo, NA; soybeans, $5.29. Lawrence North Elevator - Wheat, NA; corn, $2.16; milo, NA; soybeans, $5.29. Lawrence South Elevator - Wheat, $4.62; corn, $2.16; milo, $22.06; soybeans, $5.29. Pauline Elevator - Wheat, NA; corn, $2.16; milo, $2.06; soybeans, $5.29.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Gold - $643.60 troy oz., NY Merc spot Tue.

Silver - $11.695 troy oz., N.Y. Merc spot Tue.

Platinum $1258.50 troy oz., N.Y. Merc spot Tue.

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