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Business

Commodities

October 16, 2007

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Chicago markets

Corn and soybean futures rose Monday on the Chicago Board of Trade, while wheat futures fell. Wheat for December delivery dropped 24 cents to $8.335; December corn rose 11 cents to $3.62; December oats fell 1 cent to $2.78; November soybeans rose 10.25 cents to $9.87. On the Chicago Mercantile Exchange, December live cattle rose 0.75 cent to 97.97 cents; November feeder cattle fell 0.25 cent to $1.1322; December lean hogs rose 0.05 cent to 58.32 cents; February pork bellies dipped 0.45 cent to 85.25 cents.

Local markets

As of Monday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.83; corn, $3.32; milo, $3.42; soybeans, $9.22. Edgerton Elevator - Wheat, $7.83; corn, $3.32; milo, $3.42; soybeans, $9.22. Overbrook Elevator - Wheat, $7.83; corn, $3.32; milo, $3.42; soybeans, $9.22. Midland Elevator - Wheat, NA; corn, $3.32; milo, NA; soybeans, $9.22. Lawrence North Elevator - Wheat, NA; corn, $3.32; milo, NA; soybeans, $9.22. Lawrence South Elevator - Wheat, $7.83; corn, $3.32; milo, $3.42; soybeans, $9.22. Pauline Elevator - Wheat, NA; corn, $3.32; milo, $3.42; soybeans, $9.22.

Nonferrous metals

Spot nonferrous metal prices Mon.

Aluminum -$1.105 per lb., London Metal Exch. Mon.

Copper $3.6635 N.Y. Merc spot Mon.

Gold - $757.10 troy oz., NY Merc spot Mon.

Silver - $13.757 troy oz., N.Y. Merc spot Mon.

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

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