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Archive for Thursday, May 29, 2008

Commodities

May 29, 2008

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Chicago markets

Agriculture futures traded mixed Wednesday on the Chicago Board of Trade. Wheat for July delivery traded flat at $7.59; July corn fell 5.5 cents to $5.925; July oats lost 4 cents to $3.90; July soybeans rose 25 cents to $13.7275. Beef futures traded higher and pork futures traded lower on the Chicago Mercantile Exchange. June live cattle rose 0.02 cent to 96.72 cents; August cattle added 0.55 cent to $1.158; June lean hogs slipped 0.2 cent to 76.75 cents; July pork bellies fell 1.45 cents to 73.2 cents.

Local markets

As of Wednesday's close, courtesy of Ottawa Cooperative Association. Ottawa Elevator - Wheat, $7.54; corn, $5.53; milo, $5.43; soybeans, $12.67. Edgerton Elevator - Wheat, $7.54; corn, $5.53; milo, $5.43; soybeans, $12.67. Overbrook Elevator - Wheat, $7.54; corn, $5.53; milo, $5.43; soybeans, $12.67. Midland Elevator - Wheat, NA; corn, $5.53; milo, NA; soybeans, $12.67. Lawrence North Elevator - Wheat, NA; corn, $5.53; milo, NA; soybeans, $12.67. Lawrence South Elevator - Wheat, $7.54; corn, $5.53; milo, $5.43; soybeans, $12.67. Pauline Elevator - Wheat, NA; corn, $5.53; milo, $5.43; soybeans, $12.67.

Nonferrous metals

Spot nonferrous metal prices Wed.

Aluminum -$1.319 per lb., London Metal Exch. Wed.

Copper $3.7240 N.Y. Merc spot Wed.

Gold - $900.50 troy oz., NY Merc spot Wed.

Silver - $17.380 troy oz., N.Y. Merc spot Wed.

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