Business

Business

Commodities

March 6, 2008

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Chicago markets

Agriculture futures traded higher Wednesday on the Chicago Board of Trade. Wheat for May delivery added 17.5 cents to $11.05; March corn rose 14 cents to $5.57; March oats gained 1.25 cents to $4.28; May soybeans advanced 2.25 cents to $15.085. Beef futures traded lower and pork futures traded mixed on the Chicago Mercantile Exchange. April live cattle declined 0.60 cent to 90.60 cents; March feeder cattle dropped 0.75 cent to $1.0090; April lean hogs fell 0.08 cent to 56.77 cents; March pork bellies rose 2 cents to 85.40 cents.

Local markets

As of Tuesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $11.30; corn, $5.27; milo, $5.17; soybeans, $13.94. Edgerton Elevator - Wheat, $11.30; corn, $5.27; milo, $5.17; soybeans, $13.94. Overbrook Elevator - Wheat, $11.30; corn, $5.27; milo, $5.17; soybeans, $13.94. Midland Elevator - Wheat, NA; corn, $5.27; milo, NA; soybeans, $13.94. Lawrence North Elevator - Wheat, NA; corn, $5.27; milo, NA; soybeans, $13.94. Lawrence South Elevator - Wheat, $11.30; corn, $5.27; milo, $$5.17; soybeans, $13.94. Pauline Elevator - Wheat, NA; corn, $5.27; milo, $5.17; soybeans, $13.94.

Nonferrous metals

Spot nonferrous metal prices Wed.

Aluminum -$1.460 per lb., London Metal Exch. Wed.

Gold - $986.20 troy oz., NY Merc spot Wed.

Silver - $20.685 troy oz., N.Y. Merc spot Wed.

Comments

duckschooler 7 years, 2 months ago

My grandparents farm and this could be a big year for them if the trend continues.

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