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Archive for Thursday, October 18, 2007

Commodities

October 18, 2007

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Chicago markets

Agricultural futures ended mostly lower Wednesday on the Chicago Board of Trade. Wheat for December delivery fell 8 cents to $8.205; December corn fell 2.5 cents to $3.58; December oats rose 2.75 cents to $2.7875; November soybeans fell 3.25 cents to $9.7425. Beef and pork futures declined on the Chicago Mercantile Exchange. December live cattle dipped 0.13 cent to 97.27 cents; November feeder cattle lost 0.45 cent to $1.1207; December lean hogs fell 0.72 cent to 57 cents; February pork bellies shed 1.75 cents to 83.32 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.78; corn, $3.28; milo, $3.38; soybeans, $9.09. Edgerton Elevator - Wheat, $7.78; corn, $3.28; milo, $3.38; soybeans, $9.09. Overbrook Elevator - Wheat, $7.78; corn, $3.28; milo, $3.38; soybeans, $9.09. Midland Elevator - Wheat, NA; corn, $3.28; milo, NA; soybeans, $9.09. Lawrence North Elevator - Wheat, NA; corn, $3.28; milo, NA; soybeans, $9.09. Lawrence South Elevator - Wheat, $7.78; corn, $3.28; milo, $3.38; soybeans, $9.09. Pauline Elevator - Wheat, NA; corn, $3.28; milo, $3.38; soybeans, $9.09.

Nonferrous metals

Spot nonferrous metal prices Wed.

Copper $3.5845 N.Y. Merc spot Wed.

Gold - $757.50 troy oz., NY Merc spot Wed.

Silver - $13.656 troy oz., N.Y. Merc spot Wed.

Mercury - $550.00 per 76 lb flask, N.Y.

Platinum -$1413.00 troy oz., N.Y. (contract).

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