Commodities / LJWorld.com

Archive for Friday, May 11, 2007

May 11, 2007

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.