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Archive for Thursday, May 31, 2007

Commodities

May 31, 2007

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Chicago Board of Trade

Grain and soybean futures jumped higher Wednesday. Wheat for July delivery rose 19 3/4 cents to $5.10 3/4 a bushel; July corn rose 17 1/2 cents to $3.82 1/4 a bushel; July oats rose 3 1/2 cents to $2.77 1/2 a bushel; July soybeans rose 10 3/4 cents to $8.08 1/4 a bushel. On the Chicago Mercantile Exchange, June live cattle fell .30 cent to 90.70 cents a pound; August feeder cattle fell 1.20 cent to $1.1035 a pound; June lean hogs rose .35 cent to 75.27 cents a pound; July pork bellies fell .87 cent to $1.0120 a pound.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $4.91; corn, $3.67; milo, $3.52; soybeans, $7.43. Edgerton Elevator - Wheat, $4.91; corn, $3.67; milo, $3.52; soybeans, $7.43. Overbrook Elevator - Wheat, $4.91; corn, $3.67; milo, $3.52; soybeans, $7.43. Midland Elevator - Wheat, NA; corn, $3.72; milo, NA; soybeans, $7.48. Lawrence North Elevator - Wheat, NA; corn, $3.72; milo, NA; soybeans, $7.48. Lawrence South Elevator - Wheat, $4.91; corn, $3.67; milo, $3.52; soybeans, $7.43. Pauline Elevator - Wheat, $5.01; corn, $3.72; milo, $3.52; soybeans, $7.48.

Nonferrous metals

Spot nonferrous metal prices Wed.

Lead - $2258.00 metric ton, London Metal Exch.

Zinc - $1.7286 per lb., delivered.

Gold - $653.10 troy oz., NY Merc spot Wed.

Silver - $13.155 troy oz., N.Y. Merc spot Wed.

Platinum $1264.00 troy oz., N.Y. Merc spot Wed.

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