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Archive for Wednesday, June 4, 2008

Commodities

June 4, 2008

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Chicago markets

Agriculture futures traded mostly lower Tuesday on the Chicago Board of Trade. Wheat for July delivery fell 32 cents to $7.505; July corn lost 7.75 cents to $6.08; July oats traded flat at $3.78; July soybeans slipped 6 cents to $13.595. Beef futures traded mixed and pork futures traded lower on the Chicago Mercantile Exchange. June live cattle fell 1.08 cents to 94.32 cents; May cattle rose 0.07 cent to $1.1377; June lean hogs lost 0.3 cent to 76.02 cents; May pork bellies declined 2.75 cents to 75.25 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.38; corn, $5.68; milo, $5.58; soybeans, $12.94. Edgerton Elevator - Wheat, $7.38; corn, $5.68; milo, $5.58; soybeans, $12.94. Overbrook Elevator - Wheat, $7.38; corn, $5.68; milo, $5.58; soybeans, $12.94. Midland Elevator - Wheat, NA; corn, $5.68; milo, NA; soybeans, $12.94. Lawrence North Elevator - Wheat, NA; corn, $5.68; milo, NA; soybeans, $12.94. Lawrence South Elevator - Wheat, $7.38; corn, $5.68; milo, $5.58; soybeans, $12.99. Pauline Elevator - Wheat, NA; corn, $5.68; milo, $5.58; soybeans, $12.94.

Nonferrous metals

Spot nonferrous metal prices Tue.

Aluminum -$1.325 per lb., N.Y. Merc spot Tue.

Gold - $881.60 troy oz., NY Merc spot Tue.

Silver - $16.799 troy oz., N.Y. Merc spot Tue.

Platinum -$1998.20 troy oz., N.Y. Merc spot Tue.

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