Archive for Thursday, June 5, 2008

Commodities

June 5, 2008

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Chicago markets

Agriculture futures traded higher Wednesday on the Chicago Board of Trade. Wheat for July delivery rose 2.5 cents to $7.53 a bushel; July corn gained 6.5 cents to $6.145; July oats rose 8 cents to $3.86; July soybeans added 29.5 cents to $13.89. Beef and pork futures traded lower on the Chicago Mercantile Exchange. June live cattle fell 0.07 cent to 94.25 cents a pound; August cattle lost 0.05 cent to $1.1372; June lean hogs slipped 0.65 cent to 75.37 cents; July pork bellies declined 1.75 cents to 73.5 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.40; corn, $5.75; milo, $5.65; soybeans, $13.20. Edgerton Elevator - Wheat, $7.40; corn, $5.75; milo, $5.65; soybeans, $13.20. Overbrook Elevator - Wheat, $7.40; corn, $5.75; milo, $5.65; soybeans, $13.20. Midland Elevator - Wheat, NA; corn, $5.75; milo, NA; soybeans, $13.20. Lawrence North Elevator - Wheat, NA; corn, $5.75; milo, NA; soybeans, $13.20. Lawrence South Elevator - Wheat, $7.40; corn, $5.75; milo, $5.65; soybeans, $13.20. Pauline Elevator - Wheat, NA; corn, $5.75; milo, $5.65; soybeans, $13.20.

Nonferrous metals

Spot nonferrous metal prices Wed.

Zinc - $0.9187 per lb., delivered.

Gold - $883.50 Handy & Harman (only daily quote).

Silver - $16.755 Handy & Harman (only daily quote).

Platinum - $1994.90 troy oz., N.Y. Merc spot Wed.

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