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Archive for Wednesday, May 16, 2007

Commodities

May 16, 2007

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Chicago Board of Trade

Soybean and grain futures advanced Tuesday. Wheat for July delivery rose 5 1/2 cents to $5.02 a bushel; July corn rose 8 1/4 cents to $3.71 1/2 a bushel; July oats rose 1 1/2 cent to $2.57 1/2 a bushel; July soybeans rose 7 1/2 cents to $7.78 a bushel.

On the Chicago Mercantile Exchange, June live cattle fell .08 cent to 93.12 cents a pound; August feeder cattle fell .37 cent to $1.1285 a pound; June lean hogs rose .05 cent to 74.55 cents a pound; July pork bellies fell .20 cent to $1.0427 a pound.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.80; corn, $3.47; milo, $3.32; soybeans, $7.13. Edgerton Elevator - Wheat, $4.80; corn, $3.47; milo, $3.32; soybeans, $7.13. Overbrook Elevator - Wheat, $4.80; corn, $3.47; milo, $3.32; soybeans, $7.13. Midland Elevator - Wheat, NA; corn, $3.52; milo, NA; soybeans, $7.18. Lawrence North Elevator - Wheat, NA; corn, $3.52; milo, NA; soybeans, $7.18. Lawrence South Elevator - Wheat, $4.80; corn, $3.47; milo, $3.32; soybeans, $7.13. Pauline Elevator - Wheat, $4.90; corn, $3.52; milo, $3.32; soybeans, $7.18.

Nonferrous metals

Spot nonferrous metal prices Tue.

Lead - $2068.00 metric ton, London Metal Exch.

Zinc - $1.9295 per lb., delivered.

Gold - $673.00 troy oz., NY Merc spot Tue.

Silver - $13.226 troy oz., N.Y. Merc spot Tue.

Platinum -$1329.00 troy oz., N.Y. (contract).

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