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Archive for Thursday, January 24, 2008

Commodities

January 24, 2008

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Chicago Board of Trade

Agricultural futures plunged Wednesday on the Chicago Board of Trade. Wheat for March delivery fell 29 cents to $9.05; March corn lost 19.75 cents to $4.6925; March soybeans plunged 50 cents to $11.895.

Beef futures ended mixed and pork futures settled lower on the Chicago Mercantile Exchange. February live cattle fell 0.57 cent to 90.45 cents; January feeder cattle added 0.30 cent to 98.35 cents; February lean hogs lost 0.02 cent to 55.25 cents; February pork bellies slipped 0.15 cent to 83.80 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $8.90; corn, $4.29; milo, $4.29; soybeans, $10.55. Edgerton Elevator - Wheat, $8.90; corn, $4.29; milo, $4.29; soybeans, $10.55. Overbrook Elevator - Wheat, $8.90; corn, $4.29; milo, $4.29; soybeans, $10.55. Midland Elevator - Wheat, NA; corn, $4.29; milo, NA; soybeans, $10.55. Lawrence North Elevator - Wheat, NA; corn, $4.29; milo, NA; soybeans, $10.55. Lawrence South Elevator - Wheat, $8.90; corn, $4.29; milo, $4.29; soybeans, $10.55. Pauline Elevator - Wheat, NA; corn, $4.29; milo, $4.29; soybeans, $10.55.

Nonferrous metals

Spot nonferrous metal prices Wed.

Aluminum -$1.079 per lb., London Metal Exch. Wed.

Copper $3.0635 N.Y. Merc spot Wed.

Gold - $882.50 troy oz., NY Merc spot Wed.

Silver - $15.902 troy oz., N.Y. Merc spot Wed.

Platinum $1557.50 troy oz., N.Y. Merc spot Wed.

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