Archive for Wednesday, September 5, 2007

Commodities

September 5, 2007

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Chicago markets

Wheat prices surged Tuesday on the Chicago Board of Trade. Wheat for December delivery climbed 30 cents to $8.055, the daily limit permitted; December corn gained 13.25 cents to $3.5325; December oats rose 7.75 cents to $2.625; November soybeans rose 25 cents to $9.075. On the Chicago Mercantile Exchange, October live cattle rose 0.72 cent to 97.62 cents; September feeder cattle gained 1.38 cents to $1.189; October lean hogs added 0.25 cent to 67.07 cents; February pork bellies added 0.02 cent to 90.42 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association.

Ottawa Elevator - Wheat, $7.11; corn, $3.18; milo, $3.13; soybeans, $8.48.

Edgerton Elevator - Wheat, $7.11; corn, $3.18; milo, $3.13; soybeans, $8.48.

Overbrook Elevator - Wheat, $7.11; corn, $3.18; milo, $3.13; soybeans, $8.48.

Midland Elevator - Wheat, NA; corn, $3.18; milo, NA; soybeans, $8.48.

Lawrence North Elevator - Wheat, NA; corn, $3.18; milo, NA; soybeans, $8.48.

Lawrence South Elevator - Wheat, $7.11; corn, $3.18; milo, $3.13; soybeans, $8.48.

Pauline Elevator - Wheat, NA; corn, $3.18; milo, $3.13; soybeans, $8.48.

Nonferrous metals

Spot nonferrous metal prices Tue.

Aluminum -$1.077 per lb., London Metal Exch. Tue.

Copper -$3.4160 Cathode full plate, U.S. destinations.

Zinc - $1.4589 per lb., delivered.

Gold - $682.50 troy oz., NY Merc spot Tue.

Silver - $12.281 troy oz., N.Y. Merc spot Tue.

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