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Archive for Thursday, August 7, 2008

Commodities

August 7, 2008

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Chicago Board of Trade

Agriculture futures traded lower Wednesday on the Chicago Board of Trade. Wheat for September delivery fell 14.25 cents to $7.66 a bushel; December corn dropped 17.25 to $5.28; December oats lost 2.5 to $3.76; November soybeans declined 47 to $12.22. Beef futures traded higher and pork futures, mixed on Chicago Mercantile Exchange. August live cattle rose 2.13 cents to $1.02 a pound; August feeder cattle rose 0.15 to $1.16; August lean hogs gained 1.63 to 84.4 cents; August pork bellies dropped 1.5 to 63.9 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $7.26; corn, $4.78; milo, $4.43; soybeans, $12.17. Edgerton Elevator - Wheat, $7.26; corn, $4.78; milo, $4.43; soybeans, $12.17. Overbrook Elevator - Wheat, $7.26; corn, $4.78; milo, $4.43; soybeans, $12.17. Midland Elevator - Wheat, NA; corn, $4.78; milo, NA; soybeans, $12.17. Lawrence North Elevator - Wheat, NA; corn, $4.78; milo, NA; soybeans, $12.17. Lawrence South Elevator - Wheat, $7.26; corn, $4.78; milo, $4.55; soybeans, $12.17. Pauline Elevator - Wheat, NA; corn, $4.78; milo, $4.43; soybeans, $12.17.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Zinc - $0.8232 per lb., delivered.

Gold - $875.60 troy oz., NY Merc spot Wed.

Silver - $16.472 troy oz., N.Y. Merc spot Wed.

Platinum -$1610.00 troy oz., N.Y. Merc spot Wed.

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