Archive for Wednesday, December 19, 2007

Commodities

December 19, 2007

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Chicago markets

Agricultural futures finished lower Tuesday on the Chicago Board of Trade. Wheat for March delivery fell 14 cents to close at $9.52; March corn dropped 6.75 cents to $4.32; March oats fell 2.25 cents to $2.97; January soybeans lost 7 cents to $11.4975. Beef futures rose and pork futures ended mixed on the Chicago Mercantile Exchange. February live cattle rose 1.05 cents to 96.67 cents; January feeder cattle gained 1.48 cents to $1.0515 a pound; February lean hogs added 0.57 cent to 59.82 cents; February pork bellies dipped 0.12 cent to 88.05 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $9.22; corn, $4.00; milo, $4.00; soybeans, $10.74. Edgerton Elevator - Wheat, $9.22; corn, $4.00; milo, $4.00; soybeans, $10.74. Overbrook Elevator - Wheat, $9.22; corn, $4.00; milo, $4.00; soybeans, $10.74. Midland Elevator - Wheat, NA; corn, $4.00; milo, NA; soybeans, $10.74. Lawrence North Elevator - Wheat, NA; corn, $4.00; milo, NA; soybeans, $10.74. Lawrence South Elevator - Wheat, $9.22; corn, $4.00; milo, $4.00; soybeans, $10.74. Pauline Elevator - Wheat, NA; corn, $4.00; milo, $4.00; soybeans, $10.74.

Nonferrous metals

Spot nonferrous metal prices Tue.

Copper -$2.9253 Cathode full plate, U.S. destinations.

Lead - $2461.00 metric ton, London Metal Exch.

Zinc - $1.0759 per lb., delivered.

Gold - $803.00 troy oz., NY Merc spot Tue.

Silver - $14.014 troy oz., N.Y. Merc spot Tue.

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