Commodities / LJWorld.com

Archive for Saturday, May 19, 2007

May 19, 2007

Chicago Board of Trade

Soybean and grain futures finished mostly lower Friday on the Chicago Board of Trade.

Wheat for July delivery fell 14 1/4 cents to $4.71 1/4 a bushel; July corn fell 1 3/4 cent to $3.71 1/4 a bushel; July oats rose 4 3/4 cents to $2.66 1/4 a bushel; July soybeans fell 1/4 cent to $7.92 1/2 a bushel.

Beef futures advanced while pork futures ended lower on the Chicago Mercantile Exchange.

June live cattle rose .23 cent to 92.65 cents a pound; August feeder cattle rose .77 cent to $1.1372 a pound; June lean hogs fell .22 cent to 75.40 cents a pound; July pork bellies fell .60 cent to $1.0265 a pound.

Local markets

As of Friday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.57; corn, $3.46; milo, $3.31; soybeans, $7.23. Edgerton Elevator - Wheat, $4.57; corn, $3.46; milo, $3.31; soybeans, $7.23. Overbrook Elevator - Wheat, $4.57; corn, $3.46; milo, $3.31; soybeans, $7.23. Midland Elevator - Wheat, NA; corn, $3.51; milo, NA; soybeans, $7.28. Lawrence North Elevator - Wheat, NA; corn, $3.51; milo, NA; soybeans, $7.28. Lawrence South Elevator - Wheat, $4.57; corn, $3.46; milo, $3.31; soybeans, $7.23. Pauline Elevator - Wheat, $4.67; corn, $3.51; milo, $3.31; soybeans, $7.28.

Nonferrous metals

Spot nonferrous metal prices Fri.

Aluminum -$1.282 per lb., London Metal Exch. Fri.

Copper $3.3285 N.Y. Merc spot Fri.

Lead - $2007.00 metric ton, London Metal Exch.

Zinc - $1.7692 per lb., delivered.

Gold - $661.00 troy oz., NY Merc spot Fri.

Silver - $12.806 troy oz., N.Y. Merc spot Fri.

Mercury - $500.00 per 76 lb flask, N.Y.

Platinum -$1306.00 troy oz., N.Y. (contract).