Archive for Wednesday, April 23, 2008

Commodities

April 23, 2008

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Chicago Board of Trade

Agriculture futures traded higher Tuesday on the Chicago Board of Trade. Wheat for May delivery rose 6 cents to $8.5175 a bushel; May corn added 14 cents to $5.9425; May oats rose 7 cents to $3.79; May soybeans gained 59.25 cents to $13.7475. Beef futures traded higher and pork futures traded mixed on the Chicago Mercantile Exchange. April live cattle rose 0.80 cent to 90.82 cents a pound; April cattle added 0.15 cent to $1.017; May lean hogs gained 0.30 cent to 72.97 cents; May pork bellies slipped 1.07 cents to 74.70 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $8.51; corn, $5.54; milo, $5.44; soybeans, $13.20. Edgerton Elevator - Wheat, $8.51; corn, $5.54; milo, $5.44; soybeans, $13.20. Overbrook Elevator - Wheat, $8.51; corn, $5.54; milo, $5.44; soybeans, $13.20. Midland Elevator - Wheat, NA; corn, $5.54; milo, NA; soybeans, $13.20. Lawrence North Elevator - Wheat, NA; corn, $5.54; milo, NA; soybeans, $13.20. Lawrence South Elevator - Wheat, $8.51; corn, $5.54; milo, $5.44; soybeans, $13.20. Pauline Elevator - Wheat, NA; corn, $5.54; milo, $5.44; soybeans, $13.20.

Nonferrous metals

Spot nonferrous metal prices Tuesday:

Zinc - $1.0513 per lb., delivered.

Gold - $918.00 Handy & Harman (only daily quote).

Silver - $17.740 Handy & Harman (only daily quote).

Platinum - $2029.40 troy oz., N.Y. Merc spot Tue.

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