Archive for Thursday, August 24, 2006

Commodities

August 24, 2006

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Chicago Board of Trade

Grain and soybean futures advanced Wednesday on the Chicago Board of Trade. Wheat for September delivery rose 6 1/4 cents to $3.66 a bushel; September corn rose 4 cents to $2.23 1/2 a bushel; September oats rose 3/4 cent to $1.75 1/4 a bushel; September soybeans rose 3 cents to $5.52 1/4 a bushel. Pork futures declined on the Chicago Mercantile Exchange, while beef futures finished mixed.

October live cattle rose .02 cent to 91.45 cents a pound; September feeder cattle fell .23 cent to $1.1605 a pound; October lean hogs fell .82 cent to 66.17 cents a pound; February pork bellies fell 2.25 cents to 88.45 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $4.34; corn, $1.99; milo, $1.94; soybeans, $5.07. Edgerton Elevator - Wheat, $4.34; corn, $1.99; milo, $1.94; soybeans, $5.07. Overbrook Elevator - Wheat, $4.34; corn, $1.99; milo, $1.94; soybeans, $5.07. Midland Elevator - Wheat, NA; corn, $2.04; milo, NA; soybeans, $5.07. Lawrence North Elevator - Wheat, NA; corn, $2.04; milo, NA; soybeans, $5.07. Lawrence South Elevator - Wheat, $4.34; corn, $1.99; milo, $1.94; soybeans, $5.07. Pauline Elevator - Wheat, $4.44; corn, $2.04; milo, $1.94; soybeans, $5.07.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Copper $3.4730 N.Y. Merc spot Wed.

Gold - $623.70 troy oz., NY Merc spot Wed.

Silver - $12.498 troy oz., N.Y. Merc spot Wed.

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