Archive for Thursday, May 18, 2006

Commodities

May 18, 2006

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Chicago Board of Trade

Grain and soybean futures increased Wednesday on the Chicago Board of Trade. Wheat for July delivery rose 19 1/2 cents to $4.23 a bushel; July corn rose 4 cents to $2.63 a bushel; July oats rose 4 3/4 cents to $2.02 1/4 a bushel; July soybeans rose 1 1/4 cent to $6.04 a bushel. Pork futures advanced on the Chicago Mercantile Exchange, while beef futures finished mixed. June live cattle rose .07 cent to 77.72 cents a pound; August feeder cattle fell .35 cent to $1.0647 a pound; June lean hogs rose .33 cent to 67.70 cents a pound; July pork bellies rose 1.47 cent to 85.50 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $4.82; corn, $2.28; milo, $2.23; soybeans, $5.44. Edgerton Elevator - Wheat, $4.82; corn, $2.28; milo, $2.23; soybeans, $5.44. Overbrook Elevator - Wheat, $4.82; corn, $2.28; milo, $2.23; soybeans, $5.44. Midland Elevator - Wheat, NA; corn, $2.28; milo, NA; soybeans, $5.44. Lawrence North Elevator - Wheat, NA; corn, $2.28; milo, NA; soybeans, $5.44. Lawrence South Elevator - Wheat, $4.82; corn, $2.28; milo, $2.23; soybeans, $5.44. Pauline Elevator - Wheat, NA; corn, $2.28; milo, $2.23; soybeans, $5.44.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Zinc - 168.37 cents lb., delivered.

Gold - $690.50 troy oz., NY Merc spot Wed.

Silver - $13.157 troy oz., N.Y. Merc spot Wed.

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