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Archive for Thursday, November 15, 2007

Commodities

November 15, 2007

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Chicago markets

Soybean futures jumped sharply Wednesday on the Chicago Board of Trade. Wheat for December delivery rose 4.5 cents to $7.525; December corn rose 8.25 cents to $3.83; December oats closed flat at $2.865; January soybeans jumped 23.25 cents to $10.795. Beef and pork futures declined on the Chicago Mercantile Exchange. December live cattle fell 0.07 cent to 95.5 cents; January feeder cattle fell 0.25 cent to $1.09; December lean hogs dipped 0.6 cent to 53.45 cents; February pork bellies lost 1.42 cents to 88.5 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.22; corn, $3.60; milo, $3.60; soybeans, $10.05. Edgerton Elevator - Wheat, $7.22; corn, $3.60; milo, $3.60; soybeans, $10.05. Overbrook Elevator - Wheat, $7.22; corn, $3.60; milo, $3.60; soybeans, $10.05. Midland Elevator - Wheat, NA; corn, $3.60; milo, NA; soybeans, $10.05. Lawrence North Elevator - Wheat, NA; corn, $3.60; milo, NA; soybeans, $10.05. Lawrence South Elevator - Wheat, $7.22; corn, $3.60; milo, $3.60; soybeans, $10.05. Pauline Elevator - Wheat, NA; corn, $3.60; milo, $3.60; soybeans, $10.05.

Nonferrous metals

Spot nonferrous metal prices Wed.

Aluminum -$1.164 per lb., London Metal Exch. Wed.

Copper $3.3015 N.Y. Merc spot Wed.

Gold - $813.00 troy oz., NY Merc spot Wed.

Silver - $15.029 troy oz., N.Y. Merc spot Wed.

Platinum -$1418.00 troy oz., N.Y. (contract).

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