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Archive for Tuesday, May 1, 2007

Commodities

May 1, 2007

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Chicago Board of Trade

Soybean futures advanced and grains futures declined Monday. Wheat for May delivery fell 15 cents to $4.85 1/2 a bushel; May corn fell 6 1/4 cents to $3.58 a bushel; May oats fell 4 cents to $2.61 a bushel; May soybeans rose 5 1/2 cents to $7.28 1/2 a bushel. On the Chicago Mercantile Exchange, June live cattle rose .85 cent to 94.12 cents a pound; May feeder cattle rose 1 cent to $1.0955 a pound; May lean hogs rose 1.15 cent to 75.60 cents a pound; May pork bellies rose .55 cent to $1.0150 a pound.

Local markets

As of Monday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.77; corn, $3.33; milo, $3.18; soybeans, $6.68. Edgerton Elevator - Wheat, $4.77; corn, $3.33; milo, $3.18; soybeans, $6.68. Overbrook Elevator - Wheat, $4.77; corn, $3.33; milo, $3.18; soybeans, $6.68. Midland Elevator - Wheat, NA; corn, $3.38; milo, NA; soybeans, $6.73. Lawrence North Elevator - Wheat, NA; corn, $3.38; milo, NA; soybeans, $6.73. Lawrence South Elevator - Wheat, $4.77; corn, $3.33; milo, $3.18; soybeans, $6.68. Pauline Elevator - Wheat, $4.87; corn, $3.38; milo, $3.18; soybeans, $6.73.

Nonferrous metals

Spot nonferrous metal prices Mon.

Aluminum -$1.158 per lb., London Metal Exch. Mon.

Copper $3.5445 N.Y. Merc spot Mon.

Gold - $680.50 troy oz., NY Merc spot Mon.

Silver - $13.445 troy oz., N.Y. Merc spot Mon.

Platinum -$1285.00 troy oz., N.Y. (contract).

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