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Archive for Tuesday, May 8, 2007

Commodities

May 8, 2007

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Chicago Board of Trade

Soybean and grain futures declined Monday on the Chicago Board of Trade. Wheat for July delivery fell 3/4 cent to $4.94 a bushel; July corn fell 11 3/4 cents to $3.79 a bushel; July oats fell 1 cent to $2.67 a bushel; July soybeans fell 5 cents to $7.42 1/2 a bushel. On the Chicago Mercantile Exchange, June live cattle fell .22 cent to 91.95 cents a pound; August feeder cattle rose .48 cent to $1.0975 a pound; June lean hogs rose .05 cent to 74.87 cents a pound; July pork bellies fell .37 cent to $1.0235 a pound.

Local markets

As of Monday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.76; corn, $3.49; milo, $3.34; soybeans, $6.73. Edgerton Elevator - Wheat, $4.76; corn, $3.49; milo, $3.34; soybeans, $6.73. Overbrook Elevator - Wheat, $4.76; corn, $3.49; milo, $3.34; soybeans, $6.73. Midland Elevator - Wheat, NA; corn, $3.54; milo, NA; soybeans, $6.78. Lawrence North Elevator - Wheat, NA; corn, $3.54; milo, NA; soybeans, $6.78. Lawrence South Elevator - Wheat, $4.76; corn, $3.49; milo, $3.34; soybeans, $6.73. Pauline Elevator - Wheat, $4.86; corn, $3.54; milo, $3.34; soybeans, $6.78.

Nonferrous metals

Spot nonferrous metal prices Mon.

Aluminum -closed per lb., London Metal Exch. Mon.

Copper $3.7105 N.Y. Merc spot Mon.

Gold - $688.00 troy oz., NY Merc spot Mon.

Silver - $13.527 troy oz., N.Y. Merc spot Mon.

Platinum -$1320.00 troy oz., N.Y. (contract).

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