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Archive for Saturday, May 20, 2006

Commodities

May 20, 2006

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Chicago Board of Trade

Grain and soybean futures retreated Friday on the Chicago Board of Trade. Wheat for July delivery fell 2 1/4 cents to $4.16 1/4 a bushel; July corn fell 7 1/2 cents to $2.52 3/4 a bushel; July oats fell 3 1/2 cents to $1.98 1/4 a bushel; July soybeans fell 11 cents to $5.87 a bushel.Beef futures declined on the Chicago Mercantile Exchange, while pork futures finished mixed. June live cattle fell .57 cent to 77.22 cents a pound; August feeder cattle fell .22 cent to $1.0622 a pound; June lean hogs rose .23 cent to 68.15 cents a pound; July pork bellies fell 1.27 cent to 84.90 cents a pound.

Local markets

As of Friday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $4.79; corn, $2.21; milo, $2.16; soybeans, $5.27. Edgerton Elevator - Wheat, $4.79; corn, $2.21; milo, $2.16; soybeans, $5.27. Overbrook Elevator - Wheat, $4.79; corn, $2.21; milo, $2.16; soybeans, $5.27. Midland Elevator - Wheat, NA; corn, $2.21; milo, NA; soybeans, $5.27. Lawrence North Elevator - Wheat, NA; corn, $2.21; milo, NA; soybeans, $5.27. Lawrence South Elevator - Wheat, $4.79; corn, $2.21; milo, $2.16; soybeans, $5.27. Pauline Elevator - Wheat, NA; corn, $2.21; milo, $2.16; soybeans, $5.27.

Nonferrous metals

Spot nonferrous metal prices Friday:

Gold - $656.70 troy oz., NY Merc spot Fri.

Silver - $12.277 troy oz., N.Y. Merc spot Fri.

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