Commodities
Chicago markets
Wheat futures fell sharply Wednesday on the Chicago Board of Trade. Wheat for December delivery plunged 30 cents to $8.605 a bushel, the daily price swing permitted; December corn rose 15.25 cents to $3.565; December oats rose 6.5 cents to $2.7675; November soybeans rose 18 cents to $9.385. On the Chicago Mercantile Exchange, October live cattle shed 0.98 cent to 94.72 cents; October feeder cattle fell 1.62 cents to $1.167; October lean hogs fell 0.65 cent to 65.2 cents; February pork bellies rose 0.4 cent to 87.22 cents.
Local markets
As of Wednesday’s close, courtesy of Ottawa Cooperative Association.
Ottawa Elevator – Wheat, $7.73; corn, $3.19; milo, $3.19; soybeans, $8.74.
Edgerton Elevator – Wheat, $7.73; corn, $3.19; milo, $3.19; soybeans, $8.74.
Overbrook Elevator – Wheat, $7.73; corn, $3.19; milo, $3.19; soybeans, $8.74.
Midland Elevator – Wheat, NA; corn, $3.19; milo, NA; soybeans, $8.74.
Lawrence North Elevator – Wheat, NA; corn, $3.19; milo, NA; soybeans, $8.74.
Lawrence South Elevator – Wheat, $7.73; corn, $3.19; milo, $3.19; soybeans, $8.74.
Pauline Elevator – Wheat, NA; corn, $3.19; milo, $3.19; soybeans, $8.74.
Nonferrous metals
Spot nonferrous metal prices Wed.
Aluminum -$1.078 per lb., London Metal Exch. Wed.
Copper $3.3595 N.Y. Merc spot Wed.
Lead – $3125.00 metric ton, London Metal Exch.
Zinc – $1.3358 per lb., delivered.
Gold – $711.90 troy oz., NY Merc spot Wed.
Silver – $12.625 troy oz., N.Y. Merc spot Wed.