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Commodities

April 12, 2008

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Chicago Board of Trade

Agriculture futures traded lower Friday on the Chicago Board of Trade. Wheat for May delivery dropped 26.5 cents to $8.965 a bushel; May corn lost 10 cents to $5.8425 a bushel; May oats slipped 2.25 cents to $3.85 a bushel; May soybeans declined 23.5 cents to $13.325 a bushel. Beef futures traded higher and pork futures traded mixed on the Chicago Mercantile Exchange. April live cattle added 0.23 cent to 88.70 cents a pound; April feeder cattle rose 0.38 cent to 99.50 a pound; April lean hogs lost 0.22 cent to 58.95 cents a pound; May pork bellies gained 3 cents to 74.37 cents a pound.

Local markets

As of Friday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $8.94; corn, $5.44; milo, $5.34; soybeans, $11.68. Edgerton Elevator - Wheat, $8.94; corn, $5.44; milo, $5.34; soybeans, $11.68. Overbrook Elevator - Wheat, $8.94; corn, $5.44; milo, $5.34; soybeans, $11.68. Midland Elevator - Wheat, NA; corn, $5.44; milo, NA; soybeans, $11.68. Lawrence North Elevator - Wheat, NA; corn, $5.60; milo, NA; soybeans, $11.68. Lawrence South Elevator - Wheat, $8.94; corn, $5.44; milo, $5.34; soybeans, $11.68. Pauline Elevator - Wheat, NA; corn, $5.44; milo, $5.34; soybeans, $11.68.

Nonferrous metals

Spot nonferrous metal prices Fri.

Aluminum -$1.383 per lb., London Metal Exch. Fri.

Copper $3.9745 N.Y. Merc spot Fri.

Zinc - $1.1017 per lb., delivered.

Gold - $923.60 troy oz., NY Merc spot Fri.

Silver - $17.668 troy oz., N.Y. Merc spot Fri.

Platinum -$2036.10 troy oz., N.Y. Merc spot Fri.

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