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Archive for Thursday, May 3, 2007

Commodities

May 3, 2007

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Chicago Board of Trade

Soybean futures declined and grains finished mixed Wednesday. Wheat for July delivery fell 7 1/2 cents to $4.93 1/2 a bushel; July corn rose 4 1/2 cents to $3.82 a bushel; July oats fell 3/4 cent to $2.69 a bushel; July soybeans fell 7 3/4 cents to $7.48 1/2 a bushel. On the Chicago Mercantile Exchange, June live cattle fell .02 cent to 93.85 cents a pound; August feeder cattle rose .05 cent to $1.1265 a pound; June lean hogs fell 1.32 cent to 74.20 cents a pound; July pork bellies fell 1.18 cent to 99.62 cents a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.75; corn, $3.47; milo, $3.32; soybeans, $6.74. Edgerton Elevator - Wheat, $4.75; corn, $3.47; milo, $3.32; soybeans, $6.74. Overbrook Elevator - Wheat, $4.75; corn, $3.47; milo, $3.32; soybeans, $6.74. Midland Elevator - Wheat, NA; corn, $3.52; milo, NA; soybeans, $6.79. Lawrence North Elevator - Wheat, NA; corn, $3.52; milo, NA; soybeans, $6.79. Lawrence South Elevator - Wheat, $4.75; corn, $3.47; milo, $3.32; soybeans, $6.74. Pauline Elevator - Wheat, $4.85; corn, $3.52; milo, $3.32; soybeans, $6.79.

Nonferrous metals

Spot nonferrous metal prices Wed.

Aluminum -$1.266 per lb., London Metal Exch. Wed.

Copper $3.6285 N.Y. Merc spot Wed.

Gold - $672.30 troy oz., NY Merc spot Wed.

Silver - $13.214 troy oz., N.Y. Merc spot Wed.

Platinum -$1288.00 troy oz., N.Y. (contract).

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