Commodities
Chicago markets
Wheat prices surged Wednesday on the Chicago Board of Trade. Wheat for December delivery jumped 20.25 cents to $7.585; December corn fell 4.5 cents to $3.4025; December oats were flat at $2.5225; November soybeans added 2 cents to $8.7425. Beef futures rose and pork futures were mixed on the Chicago Mercantile Exchange. October live cattle gained 0.45 cent to 98.05 cents; September feeder cattle rose 0.25 cent to $1.187; October lean hogs fell 0.15 cent to 67.75 cents; February pork bellies rose 0.57 cent to 91.57 cents.
Local markets
As of Wednesday’s close, courtesy of Ottawa Cooperative Association. Ottawa Elevator – Wheat, $6.60; corn, $3.05; milo, $3.00; soybeans, $8.14. Edgerton Elevator – Wheat, $6.60; corn, $3.05; milo, $3.00; soybeans, $8.14. Overbrook Elevator – Wheat, $6.60; corn, $3.05; milo, $3.00; soybeans, $8.14. Midland Elevator – Wheat, NA; corn, $3.05; milo, NA; soybeans, $8.14. Lawrence North Elevator – Wheat, NA; corn, $3.05; milo, NA; soybeans, $8.14. Lawrence South Elevator – Wheat, $6.60; corn, $3.05; milo, $3.00; soybeans, $8.14. Pauline Elevator – Wheat, NA; corn, $3.05; milo, $3.00; soybeans, $8.14.
Nonferrous metals
Spot nonferrous metal prices Wed.
Aluminum -$1.141 per lb., London Metal Exch. Wed.
Copper $3.3450 N.Y. Merc spot Wed.
Gold – $666.30 troy oz., NY Merc spot Wed.
Silver – $11.837 troy oz., N.Y. Merc spot Wed.
Platinum -$1259.00 troy oz., N.Y. (contract).