Archive for Wednesday, December 27, 2006

Commodities

December 27, 2006

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Chicago Board of Trade

Grain and soybean futures increased Tuesday on the Chicago Board of Trade.

Wheat for March delivery rose 2 3/4 cents to $5.16 3/4 a bushel; March corn rose 4 cents to $3.88 a bushel; March oats rose 2 3/4 cents to $2.76 3/4 a bushel; January soybeans rose 12 cents to $6.71 1/2 a bushel.

Pork futures declined on the Chicago Mercantile Exchange, while beef futures finished mixed.

February live cattle rose .27 cent to 90.10 cents a pound; March feeder cattle fell .22 cent to 94.97 cents a pound; February lean hogs fell .70 cent to 62.35 cents a pound; February pork bellies fell .25 cent to 91.62 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.90; corn, $3.58; milo, $3.58; soybeans, $6.34. Edgerton Elevator - Wheat, $4.90; corn, $3.58; milo, $3.58; soybeans, $6.34. Overbrook Elevator - Wheat, $4.90; corn, $3.58; milo, $3.58; soybeans, $6.34. Midland Elevator - Wheat, NA; corn, $3.63; milo, NA; soybeans, $6.39. Lawrence North Elevator - Wheat, NA; corn, $3.63; milo, NA; soybeans, $6.39. Lawrence South Elevator - Wheat, $4.90; corn, $3.58; milo, $3.58; soybeans, $6.90. Pauline Elevator - Wheat, $5.00; corn, $3.63; milo, $3.58; soybeans, $6.39.

Nonferrous metals

Spot nonferrous metal prices:

Copper $2.8505 N.Y. Merc spot Tue.

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

Silver - $12.603 troy oz., N.Y. Merc spot Tue.

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