Business

Business

Commodities

September 27, 2007

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Chicago markets

Wheat prices surged Wednesday on the Chicago Board of Trade. Wheat for December delivery jumped 30 cents, the maximum permitted, to settle at $9.1725; December corn rose 3.25 cents to $3.75 ; December oats were flat at $2.815; November soybeans added 17.75 cents to $9.9075. Beef futures declined, while pork futures finished mixed on the Chicago Mercantile Exchange. October live cattle fell 0.32 cent to 97.25 cents; October feeder cattle fell 0.15 cent to $1.1592; October lean hogs dropped 0.7 cent to 60.3 cents; February pork bellies rose 0.63 cent to 89.35 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $8.48; corn, $3.40; milo, $3.50; soybeans, $9.26. Edgerton Elevator - Wheat, $8.48; corn, $3.40; milo, $3.50; soybeans, $9.26. Overbrook Elevator - Wheat, $8.48; corn, $3.40; milo, $3.50; soybeans, $9.26. Midland Elevator - Wheat, NA; corn, $3.40; milo, NA; soybeans, $9.26. Lawrence North Elevator - Wheat, NA; corn, $3.40; milo, NA; soybeans, $9.26. Lawrence South Elevator - Wheat, $8.48; corn, $3.40; milo, $3.50; soybeans, $9.26. Pauline Elevator - Wheat, NA; corn, $3.40; milo, $3.50; soybeans, $9.26.

Nonferrous metals

Spot nonferrous metal prices Wed.

Copper $3.6130 N.Y. Merc spot Wed.

Zinc - $1.4052 per lb., delivered.

Gold - $728.30 troy oz., NY Merc spot Wed.

Silver - $13.416 troy oz., N.Y. Merc spot Wed.

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