Commodities
Chicago Board of Trade
Grain futures increased Tuesday on the Chicago Board of Trade, while soybean futures declined. Wheat for March delivery rose 2 3/4 cents to $3.29 1/4 a bushel; March corn rose 2 1/4 cents to $2.13 1/4 a bushel; March oats rose 3/4 cent to $1.86 a bushel, and March soybeans fell 5 cents to $5.89 a bushel. Pork futures decreased on the Chicago Mercantile Exchange, while beef futures finished mixed. February live cattle rose .07 cent to 96.55 cents a pound; March feeder cattle fell .62 cent to $1.1362 a pound; February lean hogs fell 2 cents to 62.67 cents a pound, and February pork bellies fell 2.77 cents to 85.47 cents a pound.
Local markets
As of Tuesday’s close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator – Wheat, $3.62; corn, $1.83; milo, $1.78; soybeans, $5.47. Edgerton Elevator – Wheat, $3.62; corn, $1.83; milo, $1.78; soybeans, $5.47. Overbrook Elevator – Wheat, $3.62; corn, $1.83; milo, $1.78; soybeans, $5.47. Midland Elevator – Wheat, NA; corn, $1.83; milo, NA; soybeans, $5.47. Lawrence North Elevator – Wheat, NA; corn, $1.83; milo, NA; soybeans, $5.47. Lawrence South Elevator – Wheat, $3.62; corn, $1.83; milo, $1.78; soybeans, $5.47. Pauline Elevator – Wheat, NA; corn, $1.83; milo, $1.78; soybeans, $5.47.
Nonferrous metals
Spot nonferrous metal prices Tuesday:
Gold – $544.30 troy oz., NY Merc spot Tue.
Silver – $8.957 troy oz., N.Y. Merc spot Tue.
Platinum -$999.00 troy oz., N.Y. (contract).