Commodities / LJWorld.com

Archive for Friday, June 8, 2007

June 8, 2007

Chicago Board of Trade

Grain and soybean futures increased Thursday. Wheat for July delivery rose 4 3/4 cents to $5.24 1/2 a bushel; July corn rose 10 cents to $3.84 3/4 a bushel; July oats rose 3 cents to $2.93 1/2 a bushel; July soybeans rose 9 3/4 cents to $8.32 a bushel. Beef and pork futures finished lower on the Chicago Mercantile Exchange. August live cattle fell .20 cent to 89.52 cents a pound; August feeder cattle fell .92 cent to $1.0885 a pound; July lean hogs fell .30 cent to 73.95 cents a pound; July pork bellies fell .28 cent to 95.02 cents a pound.

Local markets

As of Thursday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.98; corn, $3.75; milo, $3.55; soybeans, $7.62. Edgerton Elevator - Wheat, $4.98; corn, $3.75; milo, $3.55; soybeans, $7.62. Overbrook Elevator - Wheat, $4.98; corn, $3.75; milo, $3.55; soybeans, $7.62. Midland Elevator - Wheat, NA; corn, $3.80; milo, NA; soybeans, $7.67. Lawrence North Elevator - Wheat, NA; corn, $3.80; milo, NA; soybeans, $7.67. Lawrence South Elevator - Wheat, $4.98; corn, $3.75; milo, $3.55; soybeans, $7.62. Pauline Elevator - Wheat, $5.08; corn, $3.80; milo, $3.55; soybeans, $7.67.

Nonferrous metals

Spot nonferrous metal prices Thu.

Lead - $2301.00 metric ton, London Metal Exch.

Zinc - $1.7785 per lb., delivered.

Gold - $660.10 troy oz., NY Merc spot Thu.

Silver - $13.435 troy oz., N.Y. Merc spot Thu.

Platinum $1295.50 troy oz., N.Y. Merc spot Thu.