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Archive for Tuesday, May 6, 2008

Commodities

May 6, 2008

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Chicago markets

Agriculture futures traded lower Monday on the Chicago Board of Trade. Wheat for July delivery slipped 3.5 cents to $8.055; July corn fell 19.5 cents to $5.94; July oats lost 2 cents to $4.10; July soybeans dropped 18.5 cents to $12.86. Beef futures traded lower and pork futures traded mixed on the Chicago Mercantile Exchange. June live cattle fell 0.92 cent to 91.20 cents; May cattle lost 0.40 cent to $1.0525; May lean hogs rose 1.57 cent to 74.97 cents; May pork bellies fell 0.05 cent to 73.85 cents.

Local markets

As of Monday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $8.01; corn, $5.54; milo, $5.34; soybeans, $12.31. Edgerton Elevator - Wheat, $8.01; corn, $5.54; milo, $5.34; soybeans, $12.31. Overbrook Elevator - Wheat, $8.01; corn, $5.54; milo, $5.34; soybeans, $12.31. Midland Elevator - Wheat, NA; corn, $5.54; milo, NA; soybeans, $12.31. Lawrence North Elevator - Wheat, NA; corn, $5.54; milo, NA; soybeans, $12.31. Lawrence South Elevator - Wheat, $8.01; corn, $5.54; milo, $5.34; soybeans, $12.31. Pauline Elevator - Wheat, NA; corn, $5.54; milo, $5.34; soybeans, $12.31.

Nonferrous metals

Spot nonferrous metal prices Mon.

Aluminum -closed per lb., London Metal Exch. Mon.

Copper $3.9785 N.Y. Merc spot Mon.

Gold - $872.30 troy oz., NY Merc spot Mon.

Silver - $16.746 troy oz., N.Y. Merc spot Mon.

Platinum -$1890.00 troy oz., N.Y. (contract).

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