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Archive for Saturday, May 17, 2008

Commodities

May 17, 2008

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Chicago markets

Agriculture futures traded mixed Friday on the Chicago Board of Trade. Wheat for July delivery added 4 cents to $7.755; July corn fell 8 cents to $5.91; July oats traded flat at $3.94l; July soybeans gained 30.5 cents to $13.78. Beef and pork futures traded lower on the Chicago Mercantile Exchange. June live cattle fell 0.48 cent to 93.87 cents; May cattle dropped 0.13 cent to $1.0847; June lean hogs slipped 0.72 cent to 76.35 cents; May pork bellies lost 0.9 cent to 77 cents.

Local markets

As of Friday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.74; corn, $5.51; milo, $5.31; soybeans, $13.24. Edgerton Elevator - Wheat, $7.74; corn, $5.51; milo, $5.31; soybeans, $13.24. Overbrook Elevator - Wheat, $7.74; corn, $5.51; milo, $5.31; soybeans, $13.24. Midland Elevator - Wheat, NA; corn, $5.51; milo, NA; soybeans, $13.24. Lawrence North Elevator - Wheat, NA; corn, $5.51; milo, $5.31; soybeans, $13.24. Lawrence South Elevator - Wheat, $7.74; corn, $5.51; milo, $5.31; soybeans, $13.24. Pauline Elevator - Wheat, NA; corn, $5.51; milo, $5.39; soybeans, $13.24.

Nonferrous metals

Spot nonferrous metal prices Fri.

Aluminum - $1.361 per lb., London Metal Exch. Fri.

Gold - $899.00 troy oz., NY Merc spot Fri.

Silver - $16.904 troy oz., N.Y. Merc spot Fri.

Platinum - $2232.00 troy oz., N.Y. Merc spot Fri.

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