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Archive for Friday, September 25, 2009

Commodities

September 25, 2009

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Chicago Board of Trade

Agriculture futures mostly rose Thursday. Wheat for December delivery rose 13 cents to $4.73; December corn rose 6.25 cents to $3.365; oats for December delivery rose 3 cents to $2.19. November soybeans slipped 1 cent to $9.195. Beef and pork futures fell on the Chicago Mercantile Exchange. October live cattle shed 0.35 cent to 86.10 cents; October feeder cattle fell 0.75 cent to 97.12 cents; October lean hogs lost 0.70 cent to 50.22 cents; and February pork bellies slipped 0.15 cent to 80.02 cents.

Local markets

As of Thursday’s close, courtesy of Ottawa Cooperative Association. Ottawa Elevator — Wheat, $4.04; corn, $2.97; milo, $2.62; soybeans, $8.69. Edgerton Elevator — Wheat, $4.04; corn, $2.97; milo, $2.62; soybeans, $8.69. Overbrook Elevator — Wheat, $4.04; corn, $2.97; milo, $2.62; soybeans, $8.69. Midland Elevator — Wheat, NA; corn, $2.97; milo, NA; soybeans, $8.69. Lawrence North Elevator — Wheat, NA; corn, $2.97; milo, NA; soybeans, $8.69. Lawrence South Elevator — Wheat, $4.04; corn, $2.97; milo, $2.62; soybeans, $8.69. Pauline Elevator — Wheat, NA; corn, $3.04; milo, $2.62; soybeans, $8.69.

Nonferrous metals

Spot nonferrous metal prices Thu.:

Zinc - $0.8876 per lb., delivered.

Gold - $997.50 troy oz., N.Y. Merc spot.

Silver - $16.273 troy oz., N.Y. Merc spot.

Platinum -$1308.50 troy oz., N.Y. Merc spot.

Comments

kansasmutt 5 years, 2 months ago

Might as well plow the crops under to create a little shortage for next year. Farmers get screwed over every single year. Corn at $2.97 and takes $2.75 to break even. This is what corp farming has done to the Mom and Pop farm, runs them out of business. The only way to make money farming is to lease your land to rich folks to hunt on it. Leave it rough and make it huntable. Crops dont make money. Hey i had 200,000. bushles and made .19 cents per, yippy yieay . Just about as much as a door greeter at Wal-Mart.

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