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Archive for Wednesday, January 4, 2006

Commodities

January 4, 2006

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Chicago Board of Trade

Grain and soybean futures jumped higher Tuesday on the Chicago Board of Trade. Wheat for March delivery rose 6 3/4 cents to $3.46 a bushel; March corn rose 4 1/4 cents to $2.20 a bushel; March oats rose 4 3/4 cents to $1.99 3/4 a bushel; March soybeans rose 15 cents to $6.28 1/2 a bushel.

Beef futures finished mostly lower on the Chicago Mercantile Exchange, while pork futures were mixed. February live cattle remained unchanged at 96.37 cents a pound; March feeder cattle fell .72 cent to $1.14 a pound; February lean hogs fell .62 cent to 64.65 cents a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $3.81; corn, $1.90; milo, $1.85; soybeans, $5.82. Edgerton Elevator - Wheat, $3.81; corn, $1.90; milo, $1.85; soybeans, $5.82. Overbrook Elevator - Wheat, $3.81; corn, $1.90; milo, $1.85; soybeans, $5.82. Midland Elevator - Wheat, NA; corn, $1.90; milo, NA; soybeans, $5.82. Lawrence North Elevator - Wheat, NA; corn, $1.90; milo, NA; soybeans, $5.82. Lawrence South Elevator - Wheat, $3.81; corn, $1.90; milo, $1.85; soybeans, $5.82. Pauline Elevator - Wheat, NA; corn, $1.90; milo, $1.85; soybeans, $5.82.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Gold - $530.70 troy oz., NY Merc spot Tue.

Silver - $9.087 troy oz., N.Y. Merc spot Tue.

Platinum $975.80 troy oz., N.Y. Merc spot Tue.

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