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Archive for Friday, May 11, 2007

Commodities

May 11, 2007

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Chicago Board of Trade

Soybean and grain futures finished mostly lower Thursday on the Chicago Board of Trade. Wheat for July delivery fell 1/2 cent to $4.81 1/2 a bushel; July corn fell 11 3/4 cents to $3.54 1/2 a bushel; July oats rose 1/2 cent to $2.55 1/2 a bushel; July soybeans fell 1 1/4 cent to $7.46 1/4 a bushel. Beef and pork futures increased on the Chicago Mercantile Exchange. June live cattle rose .30 cent to 92.70 cents a pound; August feeder cattle rose .58 cent to $1.1275 a pound; June lean hogs rose .28 cent to 74.65 cents a pound; July pork bellies rose 1.58 cent to $1.0445 a pound.

Local markets

As of Thursday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.62; corn, $3.30; milo, $3.15; soybeans, $6.81. Edgerton Elevator - Wheat, $4.62; corn, $3.30; milo, $3.15; soybeans, $6.81. Overbrook Elevator - Wheat, $4.62; corn, $3.30; milo, $3.15; soybeans, $6.81. Midland Elevator - Wheat, NA; corn, $3.35; milo, NA; soybeans, $6.86. Lawrence North Elevator - Wheat, NA; corn, $3.35; milo, NA; soybeans, $6.86. Lawrence South Elevator - Wheat, $4.62; corn, $3.30; milo, $3.15; soybeans, $6.81. Pauline Elevator - Wheat, $4.72; corn, $3.35; milo, $3.15; soybeans, $6.86.

Nonferrous metals

Spot nonferrous metal prices Thurs.

Aluminum -$1.273 per lb., London Metal Exch. Thu.

Copper $3.5640 N.Y. Merc spot Thu.

Gold - $651.00 troy oz., NY Merc spot Thu.

Silver - $13.040 troy oz., N.Y. Merc spot Thu.

Platinum $1324.20 troy oz., N.Y. Merc spot Thu.

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