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Business

Commodities

August 29, 2008

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Chicago markets

Agriculture futures finished lower Thursday on the Chicago Board of Trade. Wheat for December delivery fell 14.75 cents to $8.11 a bushel; December corn fell 8.25 to $5.8775; December oats dropped 8.5 to $3.60; and November soybeans sank 24 to $13.24. Beef futures ended mixed, while pork futures closed lower on the Chicago Mercantile Exchange. August live cattle rose 0.45 cent to $1.0107 cents a pound; August cattle fell 0.55 to $1.1240; October lean hogs fell 1.98 to 68.52 cents; and February pork bellies fell 0.85 to 90.20 cents.

Local markets

As of Thursday's close, courtesy of the Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.62; corn, $5.43; milo, $5.03; soybeans, $13.14. Edgerton Elevator - Wheat, $7.62; corn, $5.43; milo, $5.03; soybeans, $13.14. Overbrook Elevator - Wheat, $7.62; corn, $5.43; milo, $5.03; soybeans, $13.14. Midland Elevator - Wheat, NA; corn, $5.43; milo, NA; soybeans, $13.14. Lawrence North Elevator - Wheat, NA; corn, $5.43; milo, NA; soybeans, $13.14. Lawrence South Elevator - Wheat, $7.62; corn, $5.43; milo, $5.03; soybeans, $13.14. Pauline Elevator - Wheat, NA; corn, $5.43; milo, $5.03; soybeans, $13.14.

Nonferrous metals

Spot nonferrous metal prices Thu.

Aluminum - $1.2475 per lb., N.Y. Merc spot Thu.

Gold - $830.90 troy oz., NY Merc spot Thu.

Silver - $13.604 troy oz., N.Y. Merc spot Thu.

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