Archive for Thursday, March 27, 2008

Commodities

March 27, 2008

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Chicago Board of Trade

Agriculture futures traded mostly higher Wednesday on the Chicago Board of Trade. May corn added 7.5 cents to $5.5225 a bushel; May oats gained 10.25 cents to $3.4425; Wheat for May delivery dropped 34.5 cents to $10.33; May soybeans jumped 45 cents to $13.52. Beef and pork futures traded lower on the Chicago Mercantile Exchange. April live cattle fell 1 cent to 90.15 cents a pound; March feeder cattle lost 0.95 cent to $1.0215; April lean hogs slipped 0.48 cent to 57.42 cents; March pork bellies declined 1.50 cents to 74.50 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Assn. Ottawa Elevator - Wheat, $10.09; corn, $5.17; milo, $5.02; soybeans, $12.42. Edgerton Elevator - Wheat, $10.09; corn, $5.17; milo, $5.02; soybeans, $12.42. Overbrook Elevator - Wheat, $10.09; corn, $5.17; milo, $5.02; soybeans, $12.42. Midland Elevator - Wheat, NA; corn, $5.17; milo, NA; soybeans, $12.42. Lawrence North Elevator - Wheat, NA; corn, $5.17; milo, NA; soybeans, $12.42. Lawrence South Elevator - Wheat, $10.09; corn, $5.17; milo, $5.02; soybeans, $12.42. Pauline Elevator - Wheat, NA; corn, $5.17; milo, $5.02; soybeans, $12.42.

Nonferrous metals

Spot nonferrous metal prices Wednesday:

Zinc - $1.0953 per lb., delivered.

Gold - $946.75 Handy & Harman (only daily quote).

Silver - $18.235 Handy & Harman (only daily quote).

Platinum - $1987.60 troy oz., N.Y. Merc spot Wed.

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