GRAIN AND LIVESTOCK MOSTLY LOWER IOWA/MINNESOTA DAILY DIRECT HOG REPORT BASED ON STATE OF ORIGIN

GRAIN AND LIVESTOCK MOSTLY LOWER

IOWA/MINNESOTA DAILY DIRECT HOG REPORT BASED ON STATE OF ORIGIN

Plant delivered purchase data …. current volume by purchase type

BARROWS & GILTS LIVE AND CARCASS BASIS Est. Actual Actual Actual Today Today Week Year ago ago

CHICAGO (AP) – Grain futures were mostly lower Monday on the Chicago Board of Trade.

Wheat for December delivery declined 21.50 cents to $5.0175 a bushel; December corn was off 6.25 cents to 3.6675 a bushel; December oats were up .25 cent to 2.24 a bushel; while January soybeans were fell 1 cent to $8.6625 bushel.

Beef and pork were lower on the Chicago Mercantile Exchange. December live cattle was off 3 cents to $1.3192 a pound; January feeder cattle fell 4.50 cents to $1.6752 a pound; while December lean hogs lost 1.28 cents at $.5372 a pound.

Producer Sold Negotiated

1,805 740 2,380 2,973

Other Market Formula

12,520 5,880 3,277 4,339 Swine or Pork Market Formula 73,620 48,389 49,536 43,900 Other Purchase Arrangement 99,526 86,873 81,325 67,699 Packer Sold (all purchase types)

CHICAGO BOARD OF TRADE

CHICAGO (AP) — Early trading on the Chicago Board of Trade Mon.:

13,157 8,617 6,285 5,537

Open High Low Last Chg. Negotiated Purchase (including packer sold) CORN Barrows & Gilts (carcass basis): 3,674 Compared to Prior Day’s closing weighted average (LM—HG204), 1.20 lower Base Price Rng $48.00 – $53.00, Wtd Avg $52.22, 5 Day Rolling Avg $55.76 Base Price is the price from which no discounts 5,000 bu minimum; cents per bushel Dec 372¾ 375½ 366½ 366¾ -6¼ Mar 381¼ 384¼ 375¾ 376 -5¾ May 388 390½ 382¼ 382½ -5¾ Jul 393½ 395¾ 387¼ 387½ -6¼ Sep 396 398 388¾ 389¼ -7½ Est. sales 506,590.Fri.’s sales 416,658 Fri.’s open int 1,386,174,up 17,803 are subtracted and no premiums

are added.

SOYBEANS DOLLAR AND PRECIOUS METALS AT A GLANCE 5,000 bu minimum; cents per bushel Nov 872 877¼ 871¼ 873½ +2¼ Jan 867½ 872 865¾ 866¼ -1 Mar 869¾ 873¼ 867 867¼ -2¼ May 874¾ 878¼ 872 872¼ -2½ Jul 881 883½ 877 877¼ -3¼ Est. sales 131,878.Fri.’s sales 148,104 Fri.’s open int 654,859,up 4,699 NEW YORK (AP) — Key currency exchange rates Monday, compared with late Friday in New York: Dollar vs: Exchange Rate Pvs Day

Yen 123.11 123.21 Euro $1.0758 $1.0745 Pound $1.5113 $1.5039 Swiss franc 1.0033 1.0062 Canadian dollar 1.3284 1.3298 Mexican peso 16.7950 16.8284 Metal Price (troy oz.) Pvs Day

NY Merc Gold $1087.90 $1087.60 NY HSBC Bank US$1091.00 $1088.00 NY Merc Silver $14.418 $14.696 SOYBEAN OIL

60,000 lbs; cents per lb Dec 28.03 28.28 27.73 27.77 – .27 Jan 28.31 28.56 28.02 28.05 – .27 Mar 28.51 28.76 28.25 28.28 – .25 May 28.73 28.97 28.48 28.51 – .24 Jul 28.93 29.17 28.69 28.72 – .25 Est. sales 87,805.Fri.’s sales 140,697 Fri.’s open int 446,213

NONFERROUS METALS

SOYBEAN MEAL

100 tons; dollars per ton Dec 295.70 297.20 294.60 295.00 – .70 Jan 294.90 296.30 294.00 294.50 – .30 Mar 293.40 294.70 292.50 293.20 May 293.10 294.20 292.10 292.60 – .20 Est. sales 62,934.Fri.’s sales 99,221 Fri.’s open int 420,412 NEW YORK (AP) — Spot nonferrous metal prices Monday.

Aluminum – $0.6765 per lb., London Metal Exch.

Copper – $2.2678 Cathode full plate, LME.

Copper – $2.2300 N.Y. Merc spot Fri.

Lead – $1639.00 metric ton, London Metal Exch.

Zinc – $0.7379 per lb., London Metal Exch.

Gold – $1089.60 Handy & Harman (only daily quote).

Gold – $1087.90 troy oz., NY Merc spot Fri.

Silver – $14.515 Handy & Harman (only daily quote).

Silver – $14.418 troy oz., N.Y. Merc spot Fri.

Platinum – $918.00 troy oz., Handy & Harman.

ENERGY

Benchmark U.S. crude fell 42 cents, or 0.9 percent, to $43.87 a barrel on the New York Mercantile Exchange.

Brent crude, used to price international oils, declined 23 cents to $47.19 a barrel in London. In other energy trading, heating oil fell a penny to $1.477 a gallon, wholesale gasoline was mostly unchanged at $1.371 a gallon and natural gas fell 7 cents to $2.30 per 1,000 cubic feet.

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