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Archive for Wednesday, November 14, 2007

Commodities

November 14, 2007

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Chicago markets

Soybean futures jumped higher Tuesday on the Chicago Board of Trade, while other futures slipped lower. Wheat for December delivery fell 15 cents to $7.46; December corn lost 4.75 cents to $3.7425; December oats dipped 1.5 cents to $2.84; January soybeans rose 10.75 cents to $10.57. On the Chicago Mercantile Exchange, December live cattle rose 0.47 cent to 95.57 cents; January feeder cattle rose 0.28 cent to $1.0925; December lean hogs gained 1.5 cents to 54.05 cents; February pork bellies added 2.75 cents to 89.92 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.07; corn, $3.49; milo, $3.54; soybeans, $9.81. Edgerton Elevator - Wheat, $7.07; corn, $3.49; milo, $3.54; soybeans, $9.81. Overbrook Elevator - Wheat, $7.07; corn, $3.49; milo, $3.54; soybeans, $9.81. Midland Elevator - Wheat, NA; corn, $3.49; milo, NA; soybeans, $9.81. Lawrence North Elevator - Wheat, NA; corn, $3.49; milo, NA; soybeans, $9.81. Lawrence South Elevator - Wheat, $7.07; corn, $3.49; milo, $3.54; soybeans, $9.81. Pauline Elevator - Wheat, NA; corn, $3.49; milo, $3.54; soybeans, $9.81.

Nonferrous metals

Spot nonferrous metal prices Tue.

Aluminum -$1.149 per lb., London Metal Exch. Tue.

Copper -$3.1573 Cathode full plate, U.S. destinations.

Zinc - $1.2571 per lb., delivered.

Gold - $797.20 troy oz., NY Merc spot Tue.

Silver - $14.571 troy oz., N.Y. Merc spot Tue.

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