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Business

Commodities

February 12, 2009

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Chicago Board of Trade

Agriculture futures traded lower Wednesday. Wheat for March delivery dropped 12.75 cents to $5.4325; March corn shed 8.25 cents to $3.685; March oats lost 6 cents to $1.885; and March soybeans tumbled 16 cents to $9.78. Beef and pork futures mostly fell on the Chicago Mercantile Exchange. April live cattle traded down 0.45 cent to 87.60 cents, while March feeder cattle shed 0.30 cent to 95.40 cents. April lean hogs dipped 0.03 cent to 62.27 cents, but March pork bellies gained 0.55 cent to 78.95 cents.

Local markets

As of Wednesday’s close, courtesy of Ottawa Cooperative Association. Ottawa Elevator — Wheat, $5.08; corn, $3.39; milo, $2.89; soybeans, $9.43. Edgerton Elevator — Wheat, $5.08; corn, $3.39; milo, $2.89; soybeans, $9.43. Overbrook Elevator — Wheat, $5.08; corn, $3.39; milo, $2.89; soybeans, $9.43. Midland Elevator — Wheat, NA; corn, $3.39; milo, NA; soybeans, $9.43. Lawrence North Elevator — Wheat, NA; corn, $3.44; milo, NA; soybeans, $9.48. Lawrence South Elevator — Wheat, $5.08; corn, $3.39; milo, $2.89; soybeans, $9.43. Pauline Elevator — Wheat, NA; corn, $3.39; milo, $2.89; soybeans, $9.43.

Nonferrous metals

Spot nonferrous metal prices Wed.:

Zinc - $0.5493 per lb., delivered.

Gold - $943.80 troy oz., NY Merc spot Wed.

Silver - $13.515 troy oz., N.-. Merc spot Wed.

Platinum -$1083.90 troy oz., N.Y. Merc spot Wed.

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