Archive for Thursday, May 25, 2006

Commodities

May 25, 2006

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Chicago Board of Trade

Grain and soybean futures finished lower Wednesday on the Chicago Board of Trade. Wheat for July delivery fell 8 cents to $4.11 3/4 a bushel; July corn fell 3 1/2 cents to $2.49 1/2 a bushel; July oats fell 4 cents to $1.92 1/2 a bushel; July soybeans fell 4 1/4 cents to $5.82 1/2 a bushel.

Beef and pork futures increased on the Chicago Mercantile Exchange. June live cattle rose .33 cent to 77.95 cents a pound; August feeder cattle rose .60 cent to $1.0742 a pound; June lean hogs rose .40 cent to 66.45 cents a pound; July pork bellies rose 1.02 cent to 82.75 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $4.77; corn, $2.20; milo, $2.15; soybeans, $5.23. Edgerton Elevator - Wheat, $4.77; corn, $2.20; milo, $2.15; soybeans, $5.23. Overbrook Elevator - Wheat, $4.77; corn, $2.20; milo, $2.15; soybeans, $5.23. Midland Elevator - Wheat, NA; corn, $2.20; milo, NA; soybeans, $5.23. Lawrence North Elevator - Wheat, NA; corn, $2.20; milo, NA; soybeans, $5.23. Lawrence South Elevator - Wheat, $4.77; corn, $2.20; milo, $2.15; soybeans, $5.23. Pauline Elevator - Wheat, NA; corn, $2.20; milo, $2.15; soybeans, $5.23.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Gold - $637.00 troy oz., NY Merc spot Wed.

Silver - $12.450 troy oz., N.Y. Merc spot Wed.

Platinum $1285.10 troy oz., N.Y. Merc spot Wed.

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