Commodities

LIVESTOCK

ST. JOSEPH, Mo. (AP) — Compared to last week, slaughter cows sold 1.00-2.00 higher with slaughter bulls trading firm to 1.00 higher. Slaughter steers and heifers not tested. A large offering of replacement females was on hand for the afternoon Special. Quality was mostly average with a few consignments of top quality bred heifers and young bred cows. The bulk of the afternoon sales consisted of 2nd stage young to middle aged bred cows due to calve starting in February. A light offering of feeder cattle sold, but not nearly enough to establish a market or quote prices. Compared to last week, another light test of feeder cattle and calves sold steady to 4.00 lower. Sellers remain uneasy about marketing their cattle in this down market, plus wet conditions additionally curbed receipts. This resulted in a light and uneven offering that made it hard for buyers to fill orders. There were only a few consignments that intrigued bidding enough to test the full market value, and even then there were not enough for a load. A much larger run is expected next week. Supply included 56 percent steers, 35 percent heifers, and 9 percent feeder bulls. Around 53 percent of the light offering weighed over 600 lbs.

DES MOINES (USDA) — CURRENT VOLUME BY PURCHASE TYPE BARROWS & GILTS LIVE AND CARCASS BASIS Estimated Actual Actual Actual Today Today Week Ago Year Ago Producer Sold Negotiated 11,803 7,730 4,053 7,818 Other Market Formula 30,010 20,449 13,394 21,846 Swine or Pork Market Formula 118,161 81,845 65,104 62,654 Other Purchase Arrangement 35,552 29,968 35,267 43,663 Packer Sold (all purchase types) 19,979 7,234 4,171 6,053 NEGOTIATED PURCHASE (Including Packer Sold) Barrows & Gilts (carcass basis): 10,734 Compared to Prior Day’s closing weighted average (LM—HG204), 0.81 lower Base Price Range $46.00 - $58.11, Weighted Average $56.40 Base Price is the price from which no discounts are subtracted and no premiums are added.

CASH GRAINS

OMAHA (USDA) — US No. 2 Yellow Corn 3.62-3.67 up 6 -36Z to -31Z unch No 1 Yellow Soybeans 10.21-10.31 dn 2 -32F to -22F unch

EASTERN NEBRASKA GRAIN ELEVATORS — US No 1 Hard Red Winter Wheat, Ord. Prot: 4.27-4.92 3 to 4 lower. US No 2 Yellow Corn: 3.40-3.67 5 to 6 higher. US No 2 Yellow Grain Sorghum: 5.41-6.21 8 to 13 higher. US No 1 Yellow Soybeans: 9.73-10.31 1 to 3 lower.

KANSAS CITY, Mo. (AP) — Wheat 12,115 bushels: 9 3/4 cents lower to 2 cents lower; No. 2 hard 4.72 3/4-4.88n; No. 3 4.61 3/4-4.87n; No. 2 red wheat 4.74 3/4-5.37n; No. 3 red wheat 4.63 3/4-5.36n. Corn 56,107 bushels: 7 cents higher to 11 cents higher; No. 2 white 3.75-3.87n; No. 2 yellow 3.49 1/2-3.72 3/4n; No. 3 yellow 3.29 1/2-3.71 3/4n. No. 2 milo 5.37-5.82n. Soybeans 10,528 bushels: 6 1/4 cents higher to 10 cents higher; No. 1 soybeans 9.93 1/4-10.26 3/4n. Hoppers 98.00-108.00.

CHICAGO BOARD OF TRADE

CHICAGO (AP) — Futures trading on the Chicago Board of Trade Fri.:

Open High Low Settle Chg.

WHEAT

5,000 bu minimum; cents per bushel

Dec 549 1/4 550 3/4 530 1/2 548 3/4 —1 1/2

Mar 570 572 552 569 3/4 —1 3/4

May 582 1/4 583 1/2 565 1/2 582 1/4 —2

Jul 584 594 3/4 574 1/4 593 1/4 —1

Sep 607 609 1/4 590 608 —1

Dec 626 3/4 629 610 627 3/4 —1

Mar 642 3/4 642 3/4 641 3/4 641 3/4 —1

May 641 3/4 647 1/4 639 3/4 647 1/4 —1

Jul 652 655 3/4 648 655 3/4 —1

Sep 666 3/4 666 3/4 665 3/4 665 3/4 —1

Dec 676 3/4 676 3/4 675 3/4 675 3/4 —1

Mar 686 3/4 686 3/4 685 3/4 685 3/4 —1

May 696 3/4 696 3/4 695 3/4 695 3/4 —1

Jul 703 705 3/4 703 705 3/4 —1

Est. sales 56,671. Wed.’s sales 94,752

Wed.’s open int 353,254, up 2,962

CORN

5,000 bu minimum; cents per bushel

Dec 397 1/2 398 1/2 379 397 1/4 +5 1/4

Mar 414 415 395 413 1/2 +5 1/2

May 424 1/2 425 405 1/2 424 +5 1/2

Jul 433 1/4 434 414 1/4 432 3/4 +5 1/2

Sep 439 3/4 440 424 439 1/4 +5

Dec 446 446 1/4 428 1/4 445 1/2 +3 3/4

Mar 455 455 440 1/4 454 1/2 +3 1/2

May 457 3/4 459 1/2 445 1/2 459 1/2 +3 1/4

Jul 463 465 460 465 +3 1/4

Sep 460 461 457 3/4 461 +3 1/4

Dec 457 457 443 1/4 457 +3 3/4

Jul 471 1/4 475 471 1/4 475 +3 3/4

Dec 463 1/4 467 463 1/4 467 +3 3/4

Est. sales 313,285. Wed.’s sales 308,791

Wed.’s open int 993,418, up 6,236

OATS

5,000 bu minimum; cents per bushel

Dec 252 1/2 255 1/4 248 255 —3

Mar 266 3/4 269 262 268 1/2 —3

May 271 1/2 279 3/4 270 276 3/4 —3

Jul 287 1/4 287 1/4 284 1/4 284 1/4 —3

Sep 289 1/2 289 1/2 286 1/2 286 1/2 —3

Dec 296 1/2 296 1/2 293 1/2 293 1/2 —3

Mar 307 307 304 304 —3

May 316 316 313 313 —3

Jul 325 325 322 322 —3

Est. sales 1,851. Wed.’s sales 1,575

Wed.’s open int 12,569

SOYBEANS

5,000 bu minimum; cents per bushel

Jan 1039 1/4 1056 3/4 1021 1053 —1 1/2

Mar 1058 1/4 1061 1/4 1027 1/4 1058 3/4 —2

May 1061 1063 1031 1/2 1060 1/4 —3 1/2

Jul 1066 1/4 1067 1/2 1037 1/4 1065 1/2 —3 1/2

Aug 1061 3/4 1063 1/4 1051 1/2 1063 1/4 —3 3/4

Sep 1050 1054 3/4 1040 1/4 1054 3/4 —3 1/2

Nov 1044 1/4 1047 3/4 1019 1047 3/4 —2

Jan 1050 1051 3/4 1027 1051 3/4 —1 1/2

Mar 1044 1/4 1057 1/4 1042 1057 1/4 —1 1/2

May 1058 3/4 1058 3/4 1055 1/4 1055 1/4 —3 1/2

Nov 1045 1049 1030 1049 +2 1/4

Jan 1051 3/4 1054 1051 3/4 1054 +2 1/4

Mar 1051 3/4 1055 1051 3/4 1055 +3 1/4

May 1052 3/4 1056 1052 3/4 1056 +3 1/4

Jul 1052 3/4 1058 1052 3/4 1058 +5 1/4

Aug 1050 3/4 1056 1050 3/4 1056 +5 1/4

Sep 1046 3/4 1051 1046 3/4 1051 +4 1/4

Nov 1046 3/4 1049 1046 3/4 1049 +2 1/4

Est. sales 83,243. Wed.’s sales 137,473

Wed.’s open int 465,028

CHICAGO MERCANTILE EXCHANGE

CHICAGO (AP) — Futures trading on the Chicago Mercantile Exchange Fri:

Open High Low Settle Chg.

CATTLE

40,000 lbs.; cents per lb.

Dec 83.60 83.70 82.95 83.20 —.47

Feb 85.65 85.77 84.75 85.47 —.28

Apr 88.32 88.32 87.57 88.00 —.32

Jun 85.00 85.22 84.75 85.02 —.25

Aug 85.65 85.70 85.27 85.47 —.30

Oct 88.42 88.55 88.20 88.30 —.40

Dec 89.20 89.20 88.67 89.10 —.15

Feb 89.85 90.10 89.85 90.10

Apr 90.50 90.60 90.50 90.55 —.05

Est. sales 13,336. Wed.’s sales 20,398

Wed.’s open int 264,788

FEEDER CATTLE

50,000 lbs.; cents per lb.

Jan 93.30 93.30 91.87 92.50 —.80

Mar 94.20 94.20 92.97 93.15 —1.12

Apr 95.27 95.27 94.35 94.55 —1.15

May 96.00 96.00 95.00 95.45 —.92

Aug 97.90 97.90 97.35 97.35 —.85

Sep 98.00 98.00 97.95 97.95 —.10

Oct 97.65 97.65 97.65 97.65 —.05

Est. sales 2,138. Wed.’s sales 1,524

Wed.’s open int 26,281, up 70

HOGS, LEAN

40,000 lbs.; cents per lb.

Dec 59.60 59.60 58.65 59.02 —.40

Feb 67.67 68.07 66.75 67.32 —.33

Apr 70.75 71.12 70.25 70.65

May 74.20 76.00 73.95 75.30 +.73

Jun 77.75 78.25 77.10 78.17 +.50

Jul 76.45 76.75 76.25 76.70 +.20

Aug 75.75 76.27 75.60 76.17 +.32

Oct 68.10 68.10 67.50 68.02 —.15

Dec 66.87 66.97 66.40 66.97

Feb 69.60 69.60 69.60 69.60 +.10

Est. sales 13,263. Wed.’s sales 38,776

Wed.’s open int 171,613, up 3,201

PORK BELLIES

40,000 lbs.; cents per lb.

Feb 86.90 87.10 86.10 86.75 —.22

Mar 84.10 84.12 84.10 84.12 —.20

May 85.10 85.12 85.10 85.12 —.43

Est. sales 22. Wed.’s sales 14

Wed.’s open int 585, up 2

WORLD GOLD BULLION PRICES

Selected world gold prices, Friday. London morning fixing: $1164.50 off $15.25. London afternoon fixing: $1166.50 off $13.25. NY Handy & Harman: Closed for holiday. NY Handy & Harman fabricated: Closed for holiday. NY Engelhard: Closed for holiday. NY Engelhard fabricated: Closed for holiday. NY Merc. gold Nov. $1186.90 up $21.40. NY HSBC Bank USA 4 p.m. Wed. $1188.00 up $21.00.

NONFERROUS METAL PRICES

NEW YORK (AP) — Spot nonferrous metal prices Friday. Aluminum - $.9112 per lb., London Metal Exch. Copper -$3.1314 Cathode full plate, LME. Copper $3.1660 N.Y. Merc spot Wed. Lead - $2343.50 metric ton, London Metal Exch. Zinc - $1.0166 per lb., London Metal Exch. Gold - $1166.50 Handy & Harman (only daily quote). Gold - $1186.90 troy oz., NY Merc spot Wed. Silver - $17.980 Handy & Harman (only daily quote). Silver - $18.766 troy oz., N.Y. Merc spot Wed. Platinum -$1430.00 troy oz., N.Y. (contract). Platinum -$1479.50 troy oz., N.Y. Merc spot Wed. n.q.-not quoted, n.a.-not available r-revised

« Money

Share